16 TROPICAL DR 1, OCEAN RIDGE, FL 33435

Parcel: 46434534050010300 · Multi-Family (<10) · Zoning: 008

Assessed Value (2026)
$246,855

Property Details

Year Built
1970
Lot Sqft
10,000

Sales History

1
$1,395,000
2025-04-01
2
$1,395,000
2025-04-14
3
$1,395,000
2025-04-24

Tax Assessment History

$246,855
Assessed (2026)
$1,098,527
Market Value
$191,133
Taxable Value
$3,891
Annual Tax
2025
$246,855
$1,098,527
2026
$246,855
$1,098,527
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $246,855 $1,098,527 $191,133 $3,891
2025 $246,855 $1,098,527 $216,855 $4,415

About 16 TROPICAL DR 1, OCEAN RIDGE, FL 33435

16 TROPICAL DR 1, OCEAN RIDGE, FL 33435 is a property built in 1970 on a 10,000 square foot lot. The property is currently owned by RITKES GARY &amp; RITKES SONIA, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-04-24 for $1,395,000. There are 3 recorded sales for this property. The 2026 assessed value is $246,855 with a market value of $1,098,527.

This breaks down to $988,000 for the land and $110,527 for the building. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $103,125, and the median home value is $845,000. The population density is 1,672 people per square mile. There are active mortgage liens totaling $13,315 recorded against this property.

16 TROPICAL DR 1, OCEAN RIDGE, FL 33435 is located in OCEAN RIDGE, Florida. Property records, tax assessments, sales history, and ownership information for this OCEAN RIDGE property are sourced from palm_beach County public records. The complete ownership history of this property spans from 2025 to 2025, with 3 recorded transactions in the public record.

The current assessed value represents 18% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

RITKES GARY & RITKES SONIA
464 NE 2ND AVE, FORT LAUDERDALE, FL, 33301
Since: 2026-04-03
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,621 — $4,799
Flood $400 — $800
Property/Wind $2,221 — $3,999

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$103,125
Median Home Value$845,000
Pop. Density1,672/sq mi

Neighborhood 33435

60.6%
Owner-Occ
39.4%
Investor
9,818
Flips (4yr)
4,046
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$150,000
~$13,315 bal.
ELF LENDING LLC · 2024-09-09
Est. Total Balance $13,315
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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