PALM BEACH SHORE ACRES
16 Tropical Dr, Ocean Ridge FL 33435
3 beds · 3 baths · 1,716 ft²
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.
$1,395,000
3 bd · 2 ba · 1,629 sqft
5900 Old Ocean Boulevard # B5, Ocean Ridge FL 33435
$1,395,000
3 bd · 2 ba · 2,538 sqft
903 SW 27th Terrace, Boynton Beach FL 33435
$1,395,000
3 bd · 2 ba · 1,973 sqft
5900 Old Ocean Boulevard # C8, Ocean Ridge FL 33435
$1,424,900
3 bd · 3 ba · 2,265 sqft
5586 N Ocean Boulevard # 35g, Ocean Ridge FL 33435
$1,350,000
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5801 N Ocean Boulevard # 102, Ocean Ridge FL 33435
$1,445,000
3 bd · 2 ba · 1,786 sqft
525 Sunset Road, Boynton Beach FL 33435
$1,450,000
3 bd · 2 ba · 1,768 sqft
19 S Harbour Drive, Ocean Ridge FL 33435
$1,450,000
3 bd · 2 ba · 2,160 sqft
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Market insights for Ocean Ridge
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
August 2026
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).
| 8/14/2026 | Price change | $1,395,000-12.8% |
| 3/22/2026 | Listed 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
Estimated Monthly Payment
$8,737/mo
Principal & Interest
$7,425
Property Tax
$1,163
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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