PALM BEACH SHORE ACRES

16 Tropical Dr, Ocean Ridge FL 33435

3 beds · 3 baths · 1,716 ft²

For Sale · Active Listing

$1,395,000

12.81%

Est. Payment $7,425/mo

MLS Sheet Video

3

Bedrooms

3

Bathrooms

1,716

Sq. Ft.

1970

Year Built

98

Days on Market

Description

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

MLS#
A11987325
Subdivision
PALM BEACH SHORE ACRES
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1970
Lot Size
10,000 ft²
Sq. Ft.
1,716 ft²
Sq. Mt.
159 m²
Price per sq. ft.
$813/ft²
Price per sq. mt.
$8,774/m²
Stories
Garage
Pool
Days on Market
98 days
Listed
Mar 22, 2026
Last Updated
Aug 14, 2026
Price/Lot Sq.Ft.
$140/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Ocean Ridge

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

August 2026

100/100
Buyers marketSellers market

32

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/14/2026Price change$1,395,000-12.8%
3/22/2026Listed for sale$1,600,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

16 Tropical Dr, Ocean Ridge FL 33435Directions

Estimated Monthly Payment

$8,737/mo

Principal & Interest

$7,425

Property Tax

$1,163

Insurance

$150

HOA

$0

20% ($279,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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