11 Tropical Drive, Ocean Ridge, FL

$1,068,999

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5

Beds

4

Baths

3,356

Square feet

0.23

Acres

About 11 Tropical Drive

PLEASE VIEW THE VIDEO/VIRTUAL TOUR ON THE SECOND SLIDE OF THE PHOTOS. WHAT AN AMAZING OPPORTUNITY! IN THE EXCLUSIVE NEIGHBORHOOD OF OCEAN RIDGE! YOU CAN KEEP CURRENT RENTAL RATES OR HIGHER THEM SEASONALLY! JUST HALF A BLOCK WALK TO THE BEACH. THIS AREA OF OCEAN RIDGE IS GENTRIFYING QUICK AND YOU WON'T REGRET INVESTING IN THIS COMMUNITY. RENT ABILITY IS GREAT DUE TO ITS PROXIMITY TO THE BEACH! THIS ALREADY EXISTING MULTIFAMILY WITH 4 UNITS IS ZONED FOR RMM MEDIUM DENSITY(MULTI FAMILY RESIDENTIAL DISTRICT. (SINGLE FAMILY DWELLING AND MULTIFAMILY DEVELOPMENT)JUST UNDER 5% CAP RATE PLEASE READ ABOVE REMARKS FOR INCOME DETAILS. 100100. SURVEILLANCE ON PREMISES. PLEASE CALL OR TEXT FOR SHOWINGS

Features of 11 Tropical Drive

MLS® # RX-10645723
Price $1,068,999
Bedrooms 5
Bathrooms 4.00
Full Baths 4
Square Footage 3,356
Acres 0.23
Year Built 1956
Type Multi-Unit
Sub-Type Quad Plex
Style No
Status Sold

Community Information

Address 11 Tropical Drive
Area 4120
Subdivision PALM BEACH SHORE ACRES
City Ocean Ridge
County Palm Beach
State FL
Zip Code 33435

Amenities

Utilities None
Parking Spaces 4
Is Waterfront No
Waterfront Ocean Access
Has Pool No

Interior

Heating Central
Cooling Ceiling Fan, Central
# of Stories 1

Exterior

Exterior Features Covered Patio, Exterior W/D Hookup, Open Patio, Open Porch, Room for Pool
Lot Description < 1/4 Acre
Roof Concrete Tile
Construction CBS, Frame/Stucco

Additional Information

Date Listed August 10th, 2020
Days on Market 207
Zoning RMM(ci
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

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