16 Tropical Drive

Ocean Ridge, FL 33435

About this property

HUGE PRICE ADJUSTMENT. SELLERS MOTIVATEDBuild 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.

About this property

HUGE PRICE ADJUSTMENT. SELLERS MOTIVATEDBuild 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.

Features and Additional Information

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$1,395,000 Active
3 Bed(s)
3
Baths
1,716 sqft

Presented By PREMIER PARTNERS

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Brokerage
United Realty Group Inc
1-954-450-2000
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Area Information

4120 | Palm Beach County | PALM BEACH SHORE ACRES

$ 1,395,000
This listing is play_arrow 9864.3% higher than the average in the area
$ 14,000 in the area
1,716 SqFt
This listing is play_arrow 8.0% larger than the average in the area
1,590 SqFt in the area
$ 813 $/SqFt
This listing is play_arrow 10937.3% more than the average in the area
$ 7 $/SqFt in the area
216 days on site
This listing is play_arrow 17.1% above the average in the area
185 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Massiell Espinal
Brokerage: United Realty Group Inc

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