$1,395,000
SOLD APR 14, 2025

16 Tropical Dr Unit 1 Boynton Beach, FL 33435

0.22 Acre
$6,340,909 Price per Acre
10,001 Sq Ft Lot

Recently Sold

10% Below List Price

284 Days on Market

About This Lot

As of April 2025

Location, location! Beachside lot with existing multi-family residence which could be converted to single family or knocked down for new build. Lot is east of A1A with lushly landscaped grounds not 500 feet to the beach dune line! Buy now with potential income and create a new design with the existing structure or build new from scratch!

Last Agent to Sell the Property

Gregory Van Vliet

Hudson Realty Of The Plm Bchs License #633456 Listed on: 05/16/2024

Last Buyer's Agent

Kayla Ehrhardt

Compass Florida LLC License #3600129

Compass Florida LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,634

Lot Details

  • 10,001 Sq Ft Lot
  • Beach Front
  • Site Plan Filed
  • Property is zoned RMM(ci

Community Details

  • Palm Beach Shore Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46434534050010300

Property Details

Property Type

Land

Est. Annual Taxes

$3,634

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I95 East on Woolbright to A1A, South on A1A to Tropical Dr. Property is on south side, halfway down street.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Beach Front, < 1/4 Acre
  • Waterfront: No

Lot Info

  • Parcel #: 46434534050010300
  • Development Status: Site Plan Filed
  • Lot Size: < 1/4 Acre,East of US-1
  • Lot Size Sq Ft: 10001.0
  • Zoning Description: RMM(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3634.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Apr 14, 2025
Sold by
Kropp Patricia E and Patricia E Kropp Revocable Trust
Bought by
Ritkes Gary and Ritkes Sonia
Seller's Agent
Gregory Van Vliet
Hudson Realty Of The Plm Bchs
Buyer's Agent
Kayla Ehrhardt
Compass Florida LLC
List Price
$1,550,000
Sold Price
$1,395,000
Premium/Discount to List
-$155,000
-10%
Views
36
Current Estimated Value
$1,449,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,725
Avg. Annual Appreciation
-0.03%

Purchase Details

Closed on
Oct 14, 2008
Sold by
Kropp Patricia E
Bought by
Kropp Patricia E

Purchase Details

Closed on
Nov 24, 1998
Sold by
Leigh Kropp Tr and David Kropp Tr
Bought by
Kropp Leigh and Kropp Patricia
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,395,000 Ocean View Title & Escrow
Warranty Deed $1,395,000 Ocean View Title & Escrow
Interfamily Deed Transfer -- Attorney
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $1,395,000 -10.0% --
03/01/2025 03/01/25 Pending -- -- --
05/20/2024 05/20/24 For Sale $1,550,000 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,740 $239,898 -- --
2023 $3,634 $232,911 $0 $0
2022 $3,679 $226,127 $0 $0
2021 $3,645 $219,541 $0 $0
2020 $10,760 $603,256 $0 $0
2019 $10,353 $580,416 $0 $0
2018 $9,407 $561,876 $0 $0
2017 $8,791 $513,495 $0 $0
2016 $8,511 $444,378 $0 $0
2015 $8,186 $420,708 $0 $0
2014 $7,599 $398,879 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10989024

BeachesMLS

APN: 46-43-45-34-05-001-0300