Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,716 sq ft
Active · SingleFamilyResidence
16 Tropical Dr, Ocean Ridge, FL 33435
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.
16 Tropical Dr, Ocean Ridge, FL 33435
Not provided in the MLS listing.
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Estimated monthly cash flow
-$3,403
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.