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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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14 Tropical Dr , Ocean Ridge, FL 33435
$1,395,000
Est. Payment: $3,100.00/mo
2 Bed
3 Bath
1735 Sqft
Status: Active | Days on site: 70
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FLL608186 - FLL276532459
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Exceptional investment opportunity at 14 Tropical Drive in Ocean Ridge. This unique triplex offers immediate rental income while providing incredible future upside on a rare, buildable lot in one of South Florida's most sought-after beachside communities. The property includes deeded beach access, allowing owners and tenants to enjoy the pristine Atlantic Ocean just moments away. Whether you're looking to hold as an income-producing asset, renovate, build a custom coastal estate, or explore redevelopment potential (subject to local approvals), this property offers unmatched flexibility. Surrounded by luxury homes and tropical landscapes, 14 Tropical Drive is ideally located near world-class dining, shopping, marinas, golf courses, and the vibrant downtown districts of Delray Beach and Palm Beach. Opportunities combining income, a buildable homesite, and deeded beach access in Ocean Ridge are exceptionally rare.
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Highlights

Listed by Curtis Brown , 561-254-1509 Hampton Real Estate Group , 561-278-5104.

Property Type

Multi-Family
Lot/Acreage
0.23

Year Built

1950

County

Palm Beach

Area

4120

 Neighborhood

Palm Beach Shore Acres

Listing ID

B26046948

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:
Air Cond:Ceiling Fan(s),Wall/Window Unit(s)
Fireplaces:
Floor:Ceramic Tile
Water:Public

Exterior Features

Lot:<1 Acre,< 1/4 Acre
Zoning:RMM
Roof:Barrel
Others:
  • ▪ Additional:Enclosed Porch, Storm/Security Shutters
Sewer:Septic Tank
Principal Interest
$3,100
Taxes
$1,697

Home Price

$1,395,000

Loan Details

30 yrs
%

Down Payment

20%
$279,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,100.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,100.00 $1,696.67 $0.00 $4,796.67
Yearly $37,200.00 $20,360.00 $0.00 $57,560.00
Total $1,116,000.00 $610,800.00 $0.00 $1,726,800.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Ocean Ridge, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.