Tropic Bay Condo in Delray Beach
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Live Market Pulse
35/100
Market Heat
Cooler than normal
2017 → 2026 · 91 at the 2022 peak
0 is Tropic Bay Condo's coldest market since 2017, 100 its hottest. Today: 35. How it's scored

Photo via Beaches MLS

Built fromLive Beaches MLS data25 years of closingsUpdated twice daily

As of September 2026, Tropic Bay Condo in Delray Beach, FL has 8 homes for sale and 1 pending, asking from $209,000 to $385,000 (median $329,950). Over the 12 months ending 2026-09-12, 13 recorded sales closed at a median of $300,000, $258 per square foot, a median 98 days on market, sellers accepting 93% of original asking (-0% versus the prior year). Homes listed or recently sold were built 1971–1980; 21 of 21 report an HOA (median $974/mo); 11 of the 12 geocoded homes sit in a FEMA special flood hazard zone (median elevation -3 ft). At the median price and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $5,620 ($4,840 with the full homestead exemption).

Tropic Bay Condo key facts
LocationDelray Beach, Palm Beach County, FL · ZIP 33483
Home types (current listings and sales)condos 100%
Amenities listed by sellersFitness Center, Pool, Clubhouse, Manager On Site, Billiard Room, Elevator(s)
Sale prices, last 12 months$300,000 median across 13 closed sales · $258 per sq ft · -0.5% vs the prior 12 months
Days on market (closed sales)98 median
For sale right now8 active, 1 pending · median asking $341,950 · 7.4 months of supply

Data as of September 12, 2026. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Market figures describe homes, not residents. Cite as: Momentum Realty, “Tropic Bay Condo key facts,” movewithmomentum.com/neighborhoods/tropic-bay-condo, data as of September 12, 2026.

Last 30 days in Tropic Bay: 1 new listing (median asking $349,000), 1 under contract right now. As of September 18, 2026, All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.

Live · Tropic Bay Condo Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$300K
Median sold · 12 mo
down 0.5% vs the prior 12 months
-0.5%
1-yr price change
n = 13 and 10 sales in the two windows
$258/sf
Sold $/sqft · 12 mo
peak $313 in 2022
92.6%
Sale vs ask
Tempo
7.4mo
Supply
3 to 6 months is the balanced band
98days
Median DOM · closed
7 days at the 2022 low
11%
Under contract
Palm Beach: 24% (3,196 of 13,265)
8 · 1
For sale · pending
live counts, refreshed twice daily
13
Sold · last 12 mo
10-yr average: about 15 a year
Track record · 25 years of records
1,200sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Tropic Bay Condo

Live MLS inventory for Tropic Bay Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Tropic Bay Condo listings as of 2026-09-17, priced high to low. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Tropic Bay Condo pricing is set by two factors: unit condition and what side of the building you're on. The median closed at $294,500 with inventory sitting an average of 99 days, which tells you this is a buyer's market with room to negotiate—especially on units that need updates or lack water views.

The year-over-year decline of 10.1% reflects broader Palm Beach County condo recalibration, not distress specific to Tropic Bay. Fourteen closings in the trailing window show steady if slow activity. Sellers who price to condition move units; those who don't chase the market down.

Tropic Bay Condo Housing Pulse · Momentum Research · as of September 12, 2026

Tropic Bay Condo right now

🟢 Buyer-leaning market. 7.4 months of supply and 11% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of September 12, 2026. Confidence: High (9 active and pending listings, 13 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($300K) is down 0.5% from the prior 12 months ($302K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending September 12. Confidence: Medium (13 and 10 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 19, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Tropic Bay Condo market snapshot (as of September 12, 2026): the median sale price is about $300K ($258 per sq ft over the trailing 12 months of closed sales), a median 98 days on market for closed sales, and 7.4 months of supply, a buyer-leaning market. The trailing-12-month median is down 0% from the prior 12 months, computed from record-level Beaches MLS closed sales (13 closings in the current window).

In ZIP 33483 (Delray Beach), 347 homes closed in the last 12 months at a median of $750K ($501/sq ft), up 13.1% year over year, with a median 77 days on market. Right now 91 active and 20 pending listings put supply at about 4.9 months — a buyer's market. See the live ZIP 33483 housing market and the Palm Beach County market.

BeachesMLS sales records identify 122 homes in Tropic Bay Condo that have changed hands since 2007, built between 1971 and 1980 (median 1974), with a median living area of about 1,200 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Tropic Bay Condo is a modestly-priced Delray Beach address where market traction depends entirely on how a unit shows and what the HOA financials say when a buyer reads them.

Best for

  • Budget-focused buyers targeting Delray Beach who accept older construction and minimal amenities in exchange for a lower price point
  • Cash buyers or those with significant down payments who can avoid condo-financing complications and move quickly on negotiable inventory
  • Hands-on owners comfortable evaluating unit condition, reviewing association finances, and budgeting for deferred maintenance or updates

Probably not for

  • Buyers expecting pool, fitness center, or concierge services—amenities are not part of the Tropic Bay equation
  • Investors counting on near-term price recovery or rental income in a market where days-on-market remain extended
  • First-time condo buyers unfamiliar with HOA due diligence or unwilling to hire an agent who will read the documents critically before close

Windows contain 1 to 28 sales each (13 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K20122014201620182020202220242026
Down 0.5% year over year.
Every sale since 2001 · price vs size
$0$200K$400K1k1k1k
191 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$200$250$30020122014201620182020202220242026
Up from $180 in 2012 to a $313 peak in 2022; $258 now.
Median days on market · closed sales
05010020122014201620182020202220242026
7 days at the 2022 low; 98 now.
Sale price vs original ask · median
90%95%20122014201620182020202220242026
92.6% now.
Homes sold per 12-mo window
010203020122014201620182020202220242026
1 to 28 a year; 13 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20182020202220242026
91 at the 2022 peak, 17 in the troughs, 35 now. Same score as the hero card, full history.
How much local inventory is already under contract

22% of homes for sale in ZIP 33483 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-19).

Tropic Bay Condo Market Scorecard

Buyer-leaning

Tropic Bay Condo is currently a buyer-leaning market. About 7.4 months of supply, a median asking price of $341,950, and homes go under contract in about 63 days.

7.4
Months supply
$341,950
Median list
$300,000
Median sold
$303
List $/sqft
63
Days on mkt
8/1/13
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Beaches MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Tropic Bay Condo, Delray Beach

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 13 listings
Distress share trend — 0.0% now (2026-09-13 → 2026-09-16)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.

Listing locations from Beaches MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Palm Beach County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Pine Grove · Elementary
  • Boca Raton Community · Middle
  • Boca Raton · High

Zoned schools reflect the assignments reported on recent Tropic Bay Condo listings and can change; always confirm with Palm Beach County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Tropic Bay Condo address.

If we were buying in Tropic Bay Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Tropic Bay Condo.

Best Buy
Buyers who want affordable Delray Beach access and understand condo ownership trade-offs.
Biggest Risk
Extended market time and year-over-year pricing pressure mean liquidity is limited if you need to sell quickly.
Sweet Spot
A cash or low-leverage buyer willing to update a dated unit and hold for personal use, not speculation.
Avoid If
You need resort amenities, fast resale optionality, or a building where every unit is turnkey.

What the market heat score of 18 means

A heat score of 18 is cold. It means inventory absorbs slowly, days-on-market stretch past three months, and the negotiating leverage sits squarely with the buyer. For Tropic Bay, that's the reality: this is not a community where multiple offers arrive over the weekend.

The median price per square foot of $250.62 positions Tropic Bay in the value tier for Delray Beach condos. You are not buying resort-style amenities or a name-brand building; you are buying location proximity at a discount to newer construction. Condition variance is wide, so what you pay and what you get can differ sharply from one unit to the next.

With no community amenities flagged in current listings, expect a no-frills ownership experience. Budget for HOA dues, confirm reserve funding, and inspect the unit as if you are buying a thirty-year-old appliance—because functionally, you are.

The location and the amenities are priced into every listing in Tropic Bay Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.5C- · Buy Score
Recent Direction5.9/10
Liquidity & Demand2.6/10
Pricing Power5.1/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.5). Basis: Recent Direction -0.5% year-over-year; Liquidity & Demand 7.4 months of supply; Pricing Power 92.6% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a slow-turn condo market like Tropic Bay, you need an agent who reads HOA documents before you write an offer, knows which units have deferred maintenance red flags, and will not let you overpay because a seller's list price is anchored to outdated comps. Momentum brokers pull Palm Beach County permit history, cross-check recent sales for condition, and negotiate from data—not hope. We also know when to walk, and we will tell you.

Tropic Bay Condo in 15 seconds.

Best forBuyers who want affordable Delray Beach access and understand condo ownership trade-offs.
Biggest advantageThe median price of $294,500 delivers proximity to downtown Delray without six-figure premiums.
Biggest riskExtended market time and year-over-year pricing pressure mean liquidity is limited if you need to sell quickly.
Sweet spotA cash or low-leverage buyer willing to update a dated unit and hold for personal use, not speculation.
Avoid ifYou need resort amenities, fast resale optionality, or a building where every unit is turnkey.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Tropic Bay Condos for Sale in Delray Beach, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Tropic Bay Condos for Sale in Delray Beach, FL.
In short
  • HOA dues reported around $974/month (about $11,688/yr) · median of 91 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $974 per month ($11,688 a year) — the median AssociationFee across 91 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Tropic Bay Condo sales matched to your home.

What is your Tropic Bay Condo home worth?

Get a no-obligation home value based on real comparable sales in Tropic Bay Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Tropic Bay Condo?
The median sale price in Tropic Bay Condo was $300K over the 12 months ending September 12, 2026 (13 closed sales, Beaches MLS).
How long do homes in Tropic Bay Condo take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 98 days on market (13 sales, Beaches MLS).
Is Tropic Bay Condo a buyer's or seller's market right now?
As of September 12, 2026, Tropic Bay Condo leans toward buyers: 7.4 months of supply at the current sales pace (Beaches MLS live counts).
Who is the best real estate agent for Tropic Bay Condo?
The best agent for Tropic Bay Condo is one who actively works Delray Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Tropic Bay Condo.
How do I find a top Delray Beach real estate agent who knows Tropic Bay Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Tropic Bay Condo and the wider Delray Beach area.
Can Momentum Realty connect me with an agent for Tropic Bay Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Tropic Bay Condo purchase or sale - no call center and no pressure.
Where is Tropic Bay, and what county is it in?
Tropic Bay is in Delray Beach, Palm Beach County, FL, ZIP 33483.
Is Tropic Bay a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Tropic Bay: the median sale price over the last 12 months was $300K (13 sales), 17% below the Delray Beach median of $360K; homes took a median 98 days to go under contract; supply is 7.4 months at the current sales pace, which favors buyers. The full numbers, price history and the flood and school sections are above.
Budget-focused buyers targeting Delray Beach who accept older construction and minimal amenities in exchange for a lower price pointExcellent fit
Cash buyers or those with significant down payments who can avoid condo-financing complications and move quickly on negotiable inventoryExcellent fit
Hands-on owners comfortable evaluating unit condition, reviewing association finances, and budgeting for deferred maintenance or updatesExcellent fit
Buyers expecting pool, fitness center, or concierge services—amenities are not part of the Tropic Bay equationProbably not
Investors counting on near-term price recovery or rental income in a market where days-on-market remain extendedProbably not
First-time condo buyers unfamiliar with HOA due diligence or unwilling to hire an agent who will read the documents critically before closeProbably not

Data sources & freshness

Live listingsBeaches MLS, refreshed twice daily (last: September 17, 2026)
Community market statsBeaches MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesBeaches MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2001 (191 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Thinking of selling in Tropic Bay Condo? 13 recorded closings; median 98 days on market (window ending 2026-09-12). See the Palm Beach County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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