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11 & 7 TROPICAL DR, Ocean Ridge, FL 33435 (MLS# R2745955)

11 & 7 TROPICAL DR, Ocean Ridge, FL 33435

$1,380,000
Property Type: Residential Income Square Footage: 5,600 Status: Closed
Current Price: $1,380,000 List Date: 11/20/2006 Last Modified: 5/30/2026

Overview

Description

INCOME PRODUCING MINI-RESORT ON OCEAN BLOCK IN OCEAN RIDGE. 2 STREETS NORTH OF BRINNY BREEZES, THIS IS A GREAT OPPORTUNITY TO OWN THIS RENTAL COMPLEX AND LIVE FOR FREE. USED AS AN 8-PLEX, 7 METERS ALL CENTRAL A/C, COIN LAUNDRY, CBS CONSTRUCTION. THIS PROPERTY IS IN EXCELLENT CONDITION, CBS BETWEEN UNITS, 165 FT. FRONTAGE X 85 FT. DEEP, 3-4 BUILDABLE LOTS FOR FUTURE DEVELOPEMENT. STREET HAS NEW STORM DRAINS ON GENERATOR, NEW PAVER DRIVE, ALL LUSH TROPICAL LANDSCAPING, GOOD TENANTS, SOME RENTS ARE SEASONAL FURNISHED AT HIGHER RATES. A GREAT LOCATION, AND A BEAUTIFUL PROPERTY!

Listing Details MLS# R2745955

General Property Information

Number Of Units Total
6
Building Area Main
5600
Living Area Main
5000
Year Built
1956
Lot Size Dimensions
1/4
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
Yes
Pool Private YN
No

Property Features

Association Amenities: Private Beach Pavilion Documents Available: Copy Of Lease(s); Inventory Electric: Three Phase Fencing: Fenced Flooring: Carpet; Ceramic Tile; Terrazzo; Other Property Condition: Resale Tenant Pays: None Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Central Air Heating: Central; Electric Listing Terms: Cash; Conventional Possession: Close Of Escrow Restrictions: No Restrictions Roof: Barrel; Concrete; Mixed; Other Sewer: Septic Tank Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Tax Information: City/County Utilities: Water Available Water Access: None Water Source: Public Showing Requirements: Call Listing Agent; Occupied Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Open Unit 1 Appliances: Disposal; Dryer; Range; Refrigerator; Washer Unit 1 Parking Features: Parking Space Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Parking Features: Parking Space Unit 3 Appliances: Microwave; Range; Refrigerator Unit 3 Parking Features: Parking Space Unit 4 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 4 Parking Features: Parking Space Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1499000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
11 & 7
Street Name
TROPICAL DR
City Name
Ocean Ridge
State Or Province
FL
Postal Code
33435
Postal Zip
33435
Subdivision Name
PALM BEACH SHORE ACRE
Area
4120
Geographic Area
PB11
Parcel Number
46434534050010200
Zoning
RMM
Directions
I-95 TO WOOLBRIGHT (EXIT 56 ),EAST TO A1A, SOUTH 5 BLOCKS TO TROPICAL

Financial Information

Tax Annual Amount
21650
Tax Year
4
Tax Legal Description
BLKS A,B & Z PALM BCH SHORE AC E 99.95 FT OF W 360.05 FT OF BLKS A,B & Z PALM BCH SHORE AC E 99.95 FT OF W 360.05 FT OF

Status Change Information

Major Change Timestamp
2006-11-20T06:00:01Z
Major Change Type
New Listing
Status Change Date
2007-02-27
Under Contract Date
2006-12-14
Close Date
2007-02-27
Close Price
1380000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Income and Expenses

Annual Total Expense
34316
Gross Income
165000
Net Operating Income
105000

Pool Size Details

Pool Size (WxL)
0 X 0

Unit 1 Details

Baths Full
Yes
Actual Rent
0
SqFt
0

Unit 2 Details

Baths Full
Yes
Furnished
Unfurnished
Actual Rent
0
SqFt
0

Unit 3 Details

Baths Full
Yes
Furnished
Unfurnished
Actual Rent
0
SqFt
0

Unit 4 Details

Baths Full
Yes
Furnished
Unfurnished
Actual Rent
0
SqFt
0

Price Calculations

Current Price To SqFt
276
Original List Price To Close Price
1.08

Originating Details

Originating System Key
20130214041823090053000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

Private Beach Pavilion
Yes

Electric

Three Phase
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Terrazzo
Yes
Other
Yes

Property Condition

Resale
Yes

Special Information

Sold As-Is
Yes

Documents Available

Copy Of Lease(s)
Yes
Inventory
Yes

Fencing

Fenced
Yes

Tenant Pays

None
Yes

Possession

Close Of Escrow
Yes

Sewer

Septic Tank
Yes

Utilities

Water Available
Yes

Heating

Central
Yes
Electric
Yes

Sprinkler Description

Auto Sprinkler
Yes
Zoned Sprinkler
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Barrel
Yes
Concrete
Yes
Mixed
Yes
Other
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Central Air
Yes

Showing Requirements

Call Listing Agent
Yes
Occupied
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Patio
Yes

Patio Details

Patio - Covered
Yes
Patio - Open
Yes

Unit 1 Appliances

Disposal
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 2 Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 3 Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 3 Parking Features

Parking Space
Yes

Unit 4 Appliances

Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 4 Parking Features

Parking Space
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Listing Office: Illustrated Properties LLC
IDX
Last Updated: May - 30 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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