Single Family Residence
16 Tropical Dr
16 Tropical Dr, Ocean Ridge FL 33435 Get directions
$1,395,000
3 Beds · 3 Baths · 1,716 SqFt
See estimated monthly costThis listing is courtesy of United Realty Group Inc. Massiell Espinal
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 1,716
- Full bathrooms
- 3
- First Floor Entry
- Studio Apartment
Building & exterior
- Year built
- 1970
- Lot size (sq ft)
- 10,000
- None
- Driveway
HOA (homeowners association)
- No Restrictions
Taxes
- Annual tax
- $3,871
- Tax year
- 2025
- Parcel number
- 46434534050010300
Assigned schools
- Elementary
- Forest Park
- Middle
- Odyssey
Listing
- MLS number
- A11987325
- Property type
- Single Family Residence
- Price per SqFt
- $813
- Subdivision
- PALM BEACH SHORE ACRES
- On market since
- Mar 22, 2026
- Days on market
- 98
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Mar 22, 2026 | Listed | $1,600,000 | — |
| Aug 14, 2026 | Price change | $1,395,000 | −$100,000 (−6.7%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$8,423 per month
- Principal & interest (30 yr)
- $7,054
- Property tax
- $323
- Insurance (estimated)
- $1,046
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
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