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14 Tropical Drive, Ocean Ridge FL 33435

Multi-family For Sale
$1,495,000

BTC: 23.09950556

ETH: 785.75032586

47 days
0 room(s)
1,735 sqft

Overview

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.

Location

Florida • Ocean Ridge • 33435 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
Limited # Of Vehicle / No Boats / No Rv/Boats
Year Built:
1950
Lot:
0.23 Acres
Heating:
None
Price/sqft:
$862
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$650,000
$371K – $1.3M
Confidence Low
List vs. estimate
$845K above estimate
List $1,495,000 · +130.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$861
-3.7% vs. city median $894
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $297K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$20,360
2025
View
Garden
Pets
Allowed
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • None

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

  • Parking

    • Limited # Of Vehicle

    • No Boats

    • No Rv/Boats

    Property

    • Levels: 1

    • Exterior Features: East Of Us1 / None

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 46434534050010310

    • Zoning: RMM

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Connected

    • Septic

    • Water Connected

    • Cable Available

    • Water Available

  • Other financial information

    • Annual tax amount: $20,360

  • Source details

    • MLS ID: B26046948

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Lot Features: Less Than 1/4 Acre Lot / East Of US 1 / Less Than 1 Acre / Septic

    • Patio And Porch Features: Screened Porch

    • Window Features: Complete Panel Shutters/Awnings

    • Living Area: 1735

    • Water Source: Public

    • Lot Size Dimensions: 100x100

    • Subdivision Name: PALM BEACH SHORE ACRES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33435
390
median $299K
Active
Same city
Ocean Ridge
50
median $2.0M
Active
Same type
Multi-family
3
median $1.8M
Active
Similar price
$1.0M – $1.9M
7
median $1.5M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Hampton Real Estate Group