Single Family Residence

16 Tropical Dr

16 Tropical Dr, Ocean Ridge FL 33435 Get directions

$1,395,000

For Sale
Price cut: $100,000 (−6.7%)

3 Beds · 3 Baths · 1,716 SqFt

See estimated monthly cost

This 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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