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Built in 1972 - 399 units - 5 floors

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Building Information

Tropic Bay

Number of units: 399
Active listings for rent: 5
Active listings for sale: 12
Building inventory for sale: 3%
Number of sales over the last 12 months: 36
Number of sales over the last 6 months: 23
Number of sales over the last 3 months: 18
Avg. time to close over last 12 months: 85 days

Address

901-931 Gardenia Dr, Delray Beach, Palm Beach, FL, 33483

Tropic Bay Condominium
Address: 2801 Florida Blvd,
Delray Beach, FL 33483
Phone: +1 561-272-1094

Link: https://tropicbayfl.com/

Recent Sales

Unit # Size Closing Date Sale Price PPSF
567 1,200 sq ft Mar 2026 $300,000 $250
124 1,200 sq ft Mar 2026 $230,000 $192
127 1,200 sq ft Mar 2026 $340,000 $283
127 1,200 sq ft Mar 2026 $340,000 $283
370 1,200 sq ft Mar 2026 $180,000 $150
370 1,200 sq ft Mar 2026 $180,000 $150

Market Information

Building vs Area

Tropic Bay: $231/sq. ft.
Delray Beach: $360/sq. ft.

Area vs City

Delray Beach $360/sq. ft.
Palm Beach $454/sq. ft.

Inventory for sale

Delray Beach: 4%
Palm Beach: 6%

Avg. time to close over last 12 months

Tropic Bay 85 days
Delray Beach: 75 days
Palm Beach: 78 days