Basic Information

  • MLS # RX-11151426
  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Palm Beach Shore Acres
  • Year Built 1956
  • Total Sqft 3,397
  • Date Listed 01/04/2026
  • Days on Market 34
Description

Prime Location: Located one block from the beach in Ocean Ridge, a prestigious and highly desirable area in Florida. 8 units comprised of 3 studios and five 1 bed, 1 bath. All on separate elec. meters. Shared coin laundry. Complete Accordion Shutters. 100% occupied, annual leases. Some rents are below market. Investment Potential: Ideal for investors looking for a stable income property with strong appreciation. Outdoor Space: features patios, swimming pool, barbecue, Etc. Redevelopment Opportunity: Potential for redevelopment into luxury townhomes or condos, given the upscale neighborhood. Community Appeal: Ocean Ridge is known for its community feel, and exclusivity. Close to Downtown Delray beach, shopping, restaurants, and nightlife.

Amenities

  • Pool

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool Yes
  • WF Description None
  • Parking Description
  • Exterior Features Outdoor Living Area

Interior Features

  • Adjusted Sqft 3,397Sq.Ft
  • Sqft 3,397 Sq.Ft

Property Features

  • Aprox. Lot Size 13,051
  • Furnished Info No
  • Lot Description Quarter To Half Acre Lot
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex Palm Beach Shore Acres
  • Subdivision Info Palm Beach Shore Acres
  • Tax Amount $21,714
  • Tax Year 2025

1 Tropical

Ocean Ridge, FL 33435

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