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Multifamily in Ocean Ridge, FL 33435
Palm Beach Shore Acres, 11 Tropical Dr

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Closed
$949,000
Estimate Payment $6,174Closing Costs
Beds
2,995
SqFt
$317
$/SqFt
Sold - Mar 05, 2021
Multifamily
Built in 1956
Outdoor Living Area
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. 100×100. SURVEILLANCE ON PREMISES. PLEASE CALL OR TEXT FOR SHOWINGS
MLS Number: R10645723
On Site: 2228 Days
Updated: 41 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: OutdoorLivingArea, RoomForPool
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir, CeilingFans
      Building and Construction
      • Floor Description: Carpet,Terrazzo
      • Year Built: 1956
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2020-08-10T17:33:13.000-00:00
        Taxes, Fees & More
        • Taxes: 16499.6
        • Total Units in Building: 4

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        Price History

        Date
        Event
        Price
        Change
        Price Per
        02/02/2021
        Listed
        $949K
         
        $317 ft2
        $3,411 m2
        02/02/2021
        $949K
        Event
        Listed
        Price Per
        $317 ft2
        $3,411 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Lina Navarrete • Posh Properties • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Car-Dependent. Most errands require a car
        36
        100
        Bike Score®
        Somewhat Bikeable. Minimal bike infrastructure
        49
        100
        Sound Score®
        Very loud
        74
        100
        Airport Score
        Close to airports. Noticeable airport activity
        0
        100
        Traffic Score
        Congested area. Frequent traffic delays
        32
        100
        Local Score
        Limited local amenities nearby
        0
        100
        Community Snapshot
        2 – 3 BR
        Bedrooms
        $985K – $2.2M
        Price Tier
        576 - 5,749
        SqFt Range
        1960
        Year Build
        1
        Total Floors

        Subdivision Amenities

        Trails
        Trails
        Beach Access
        Beach Rights
        Laundry
        None
        Sidewalks

        Ocean Ridge
        Ultra Luxury
         Ultra Luxury Homes & Condos

        Palm Beach Shore Acres Communities in Ocean Ridge, FL

        Entry-Level
        Entry-Level 1
        Inactive Segment
        Inactive Segment 1
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