About This Home
This 3-bedroom, 3-bathroom single family at 16 Tropical Dr in Ocean Ridge, FL is listed for $1,395,000 ($813 per sqft). Built in 1970, the home offers 1,716 sqft of living space on a 0.23 acres lot.
Key Features
- Built in 1970
- 0.23 acre lot
Property Details
Amenities
HUGE PRICE ADJUSTMENT. SELLERS MOTIVATED Build Your Dream Coastal Home - Steps from the Beach with private access. Seize a rare opportunity to create a custom single-family residence just steps from the beach in the exclusive enclave of Ocean Ridge-known for its private beaches, low-density zoning, and strong redevelopment demand.
This exceptional property offers the opportunity to take advantage of a great location, with a vision already in place. The home has been meticulously crafted to maximize the full potential of the lot, setting the stage for a stunning modern coastal retreat.
The property comes with fully approved architectural, landscape, and interior design plans worth over $100,000, saving you significant time, cost, and uncertainty. Skip the lengthy board approval process and bring your dream home to life immediately. In addition to its single-family potential, the property also presents a compelling investment opportunity as there's an existing two family dwelling.
With renovation, this offers flexibility for rental income or long-term portfolio growth. Whether you're looking to build your dream home by the coast or capitalize on a high-yield investment, Ocean Ridge offers a rare combination of privacy, luxury, and proximity to Delray Beach, Boca Raton, and Palm Beach-making this a unique opportunity to step into a project with approvals already in place.
Monthly Cost Estimate
$7,461/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
16 Tropical Dr
Ocean Ridge, FL 33435
PALM BEACH SHORE ACRES
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 3-bathroom single family at 16 Tropical Dr is listed at $1,395,000 ($813/sqft). The estimated monthly payment is $7,461 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1970, 0.23 acre lot. Interior Features: Bedroom on Main Level, First Floor Entry.
This property is listed by Massiell Espinal and can be reached at 2012800192.


