Date
Details
Price
Change
Source
1/04/2026
Listed
$2,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/14
$2,795,000
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1/14
Property Description
Prime Location: Located one block from the beach in Ocean Ridge, a prestigious and highly desirable area in Florida. 8 units comprised of 3 studios and five 1 bed, 1 bath. All on separate elec. meters. Shared coin laundry. Complete Accordion Shutters. 100% occupied, annual leases. Some rents are below market. Investment Potential: Ideal for investors looking for a stable income property with strong appreciation. Outdoor Space: features patios, swimming pool, barbecue, Etc. Redevelopment Opportunity: Potential for redevelopment into luxury townhomes or condos, given the upscale neighborhood. Community Appeal: Ocean Ridge is known for its community feel, and exclusivity. Close to Downtown Delray beach, shopping, restaurants, and nightlife.
Full Property Details
Full Property Details for 1 Tropical Dr
General
- Price: $2,795,000
- Taxes: $21,714 (2025)
- Status: Active
- Type: Triplex
- Source: Regional
- MLS ID: R11151426
- Updated: 3/10/2026
- Added to Site: 87 day(s) ago
Interior
- Flooring: Terrazzo, Tile
Additional Information
- Shared Amenities: Pool
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Association
Exterior
- Exterior Features: Outdoor Living Area
- Porch/Patio/Deck: Patio
Location
- County: Palm Beach
- Subdivision: PALM BEACH SHORE ACRES
Community
- Community Name: 4120
- Units Assoc/Comm: 8
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Structure Type: Triplex
- Construction: Block
- Roof: Concrete
- Stories/Levels: 1
- Building Size: 4310
- Square Feet: 3,397
- Living Area: 3,397 Sq. Ft.
- Year Built: 1956
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Lot Features: 1/4 to 1/2 Acre Lot
- Zoning: RMM(ci
Water Features
- Water Front View: None
Financial Considerations
- Tax Amount: $21,714
- Tax Year: 2025
- Terms: Cash
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Special Conditions: Listed As-Is
- Documents Avail.: Financials
- Legal Description: PALM BEACH SHORE ACRES BLKS A~ B & Z E 126.05 FT OF W 144.05 FT OF LT 16 BLK A
- Property ID: 46434534050010190
Listed by Compass Florida LLC
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Listing agent
— 1 Tropical Dr —
Compass Florida LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1 Tropical Dr
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Forest Park Elementary School 1201 Southwest 3rd Street, Boynton Beach, FL 33435 | PK-5 | 1.2 mi |
Boynton Beach Community High School 4975 Park Ridge Boulevard, Boynton Beach, FL 33426 | 9-12 | 3.1 mi |
Congress Community Middle School 101 South Congress Avenue, Boynton Beach, FL 33426 | 6-8 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Tropical Dr
Tax History
Tax History for 1 Tropical Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,732
—
$1,142,525
—
2024
$21,666
2%
$1,143,753
-8%
2023
$21,206
13%
$1,243,398
28%
2022
$18,782
5%
$969,612
3%
2021
$17,966
—
$937,754
20%
2021
$17,966
16%
$779,630
6%
2019
$15,477
10%
$732,879
10%
2018
$14,008
8%
$666,254
10%
2017
$12,974
6%
$605,685
10%
2016
$12,268
8%
$550,623
10%
2015
$11,396
12%
$500,566
10%
2014
$10,216
4%
$455,060
5%
2013
$9,777
—
$432,484
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 Tropical Dr
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1 Tropical Drive, Ocean Ridge, FL 33435 (MLS# R11151426) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1 Tropical Drive is currently listed for $2,795,000 and was received on January 05, 2026. Want to learn more about 1 Tropical Drive? Do you have questions about finding other Triplex real estate for sale in Ocean Ridge? You can browse all Ocean Ridge real estate or contact a Coldwell Banker agent to request more information.