$ 2,795,000
-
$2,795,000
Price -
0
Bed -
8
Bath -
4,310
SqFt
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About the Listing 276719540 - 279618312
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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 8 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor: Terrazzo,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: City Lot,Rural Lot
- Garage Capacity: N/A
- Zoning: RMM(ci
- Roof: Concrete,Tar/Gravel
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $21,714
- Taxes w/Assessments: N/A
- Tax/Property ID: 46434534050010190
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1 Tropical Drive, Ocean Ridge, Fl Ocean Ridge, FL
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