Tropic Isle
Homes for Sale in Delray Beach, FL

All 1,477 homes for sale in Delray Beach, FL · median $285,000 · 146 homes for sale in 33483 · Palm Beach County homes for sale

Community in Delray Beach · Palm Beach County · ZIP 33483
Median sale $4.61M
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Live Market Pulse
54/100
Market Heat
Normal for Tropic Isle
2017 → 2026 · 85 at the 2021 peak
0 is Tropic Isle's coldest market since 2017, 100 its hottest. Today: 54. How it's scored
Built fromLive Beaches MLS data24 years of closingsUpdated twice daily

Over the 12 months ending 2026-09-12, 5 recorded sales closed at a median of $4,605,000, $758 per square foot, a median 105 days on market, sellers accepting 89% of original asking (+20% versus the prior year). At the median price and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $86,200 ($85,430 with the full homestead exemption).

Live · Tropic Isle Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$4.61M
Median sold · 12 mo
up 19.6% vs the prior 12 months
+19.6%
1-yr price change
n = 5 and 6 sales in the two windows
$758/sf
Sold $/sqft · 12 mo
peak $940 in 2023
89.4%
Sale vs ask
Palm Beach median: 93.5%
Tempo
105days
Median DOM · closed
37 days at the 2021 low
5
Sold · last 12 mo
10-yr average: about 7 a year
Track record · 24 years of records
5,046sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Tropic Isle 3rd Section is an ultra-luxury enclave in Delray Beach where the median sale sits just under $4.7 million and price per square foot runs close to $830. That puts it squarely in the waterfront estate category—oceanfront or Intracoastal positioning, custom architecture, and condition-driven spreads. With only four closings in the trailing window, this is a thin, tightly held inventory pocket, and each sale tends to be its own deal.

Time on market at 89 days tells you these are not impulse buys; serious buyers do their homework, negotiate details, and sellers hold firm on price. Year-over-year appreciation of 7 percent reflects steady, confident demand at the top of the Delray market. The market heat score of 56 signals equilibrium—neither frenzy nor bargain hunting—so expect negotiation room, but not distress pricing. If you're writing an offer here, come prepared with comps, patience, and a realistic view of what finishes and location command.

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

Tropic Isle right now

🟢 Still climbing. The trailing-12-month median ($4.61M) is up 19.6% from the prior 12 months ($3.85M). With about 7 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: Low (5 and 6 sales in the two windows).

What's unique here: the median sale price is about 9x the typical Palm Beach County sale ($4.61M vs $515K, trailing 12 months, Beaches MLS records).

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

Nearby homes for sale

No active listings inside Tropic IsleHomes for Sale in Delray Beach, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

945 Cypress Drive
$4.70M · 0.0 mi away
5 bd · 6.5 ba · 6,209 sqft
945 Cypress Drive
Listed by Coastline Realty, Inc.
944 Cypress Drive
$7.50M · 0.0 mi away
5 bd · 7.5 ba · 6,243 sqft
944 Cypress Drive
Listed by Century 21 LUXE HOMES
933 Banyan Drive
$2.60M · 0.1 mi away
3 bd · 3.5 ba · 1,758 sqft
933 Banyan Drive
Listed by Century 21 LUXE HOMES
976 Banyan Drive
$10.90M · 0.1 mi away
3 bd · 2.5 ba · 2,922 sqft
976 Banyan Drive
Listed by Lehmann Realty Inc.
900 DOGWOOD Drive #339
$325K · 0.2 mi away
2 bd · 2 ba · 1,200 sqft
900 DOGWOOD Drive #339
Listed by Lang Realty/BR
924 Evergreen Drive
$5.75M · 0.2 mi away
5 bd · 3.5 ba · 4,452 sqft
924 Evergreen Drive
Listed by Million Realty LLC

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Tropic Isle market snapshot (as of September 12, 2026): the median sale price is about $4.61M ($758 per sq ft over the trailing 12 months of closed sales), and a median 105 days on market for closed sales. The trailing-12-month median is up 20% from the prior 12 months, computed from record-level Beaches MLS closed sales (5 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 341 homes in Tropic Isle that have changed hands since 2001, built between 1949 and 2026 (median 1987), with a median living area of about 3,203 sq ft and a typical 4-bedroom, 3.5-bath layout; 94% are single-family homes. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Tropic Isle 3rd Section is a low-density, high-value sliver of Delray Beach where homes trade in the mid-$4 millions and waterfront location drives the conversation. Inventory is scarce, turnover slow, and every property competes on finishes and views rather than amenities.

Best for

  • Buyers with liquid assets above $5 million seeking a primary Delray Beach waterfront residence and comfortable with a six-to-twelve-month search window
  • Second-home buyers who prioritize ocean or Intracoastal proximity, privacy, and the ability to customize finishes over move-in readiness
  • Investors or end-users willing to acquire an older estate, invest in substantial renovation, and hold for long-term appreciation in a proven luxury corridor

Probably not for

  • Buyers needing predictable closing timelines, multiple inventory options to compare side-by-side, or confidence that an appraisal will meet contract price
  • First-time luxury buyers expecting resort-style amenities, gated entry with staffed security, or a dense social community
  • Anyone stretched at the $4.7 million median with no contingency budget for seawall repair, hurricane mitigation, or unexpected permitting delays

Windows contain 0 to 12 sales each (5 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
$2M$4M20122014201620182020202220242026
Up 19.6% year over year.
Every sale since 2002 · price vs size
$0$5M$10M5k10k15k
86 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$400$600$800$1K20122014201620182020202220242026
Up from $434 in 2012 to a $940 peak in 2023; $758 now.
Median days on market · closed sales
5010015020020122014201620182020202220242026
37 days at the 2021 low; 105 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
89.4% now vs Palm Beach 93.5%.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 12 a year; 5 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20182020202220242026
85 at the 2021 peak, 18 in the troughs, 54 now. Same score as the hero card, full history.
How much local inventory is already under contract

21% 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 (2026-09-08).

If we were buying in Tropic Isle 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

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

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 Isle.

Best Buy
Buyers with $4–5 million in cash or pre-approval seeking a custom waterfront estate in central Delray Beach and willing to wait for the right property.
Biggest Risk
Thin comps make appraisals tricky; if you need financing, expect your lender to scrutinize every adjustment and possibly lowball the valuation.
Sweet Spot
A buyer who finds an unrenovated estate on deep water and has the budget and team to execute a high-end remodel while living elsewhere.
Avoid If
You need turnkey luxury within sixty days, want HOA amenities and social structure, or expect multiple backup offers to validate your price.

Thin inventory, thick price tags

With a median sale price near $4.7 million and just four closings in the window, Tropic Isle 3rd Section behaves like a pocket listing market—each transaction is discrete, and comparables are sparse. Buyers here are shopping for water access, architectural distinction, and location privacy, not master-planned pools or clubhouses. The median time on market of 89 days reflects the fact that these are complex assets requiring due diligence, inspection periods, and often renovation budgets baked into offers.

Price per square foot at $829 suggests a mix of older estates and newer builds; condition, renovation scope, and dock rights will swing value by hundreds of thousands. The 7 percent year-over-year gain is healthy but measured—Delray's luxury tier has momentum without mania. Sellers know their number and will wait for it; buyers who move quickly with cash and minimal contingencies have the edge, but there is usually room to negotiate inspection credits and close timelines.

This is not a community for someone hoping to tour ten listings in a weekend. Inventory trickles in, and when the right house appears—renovated, on deep water, with clean title—it moves. If you are considering Tropic Isle 3rd Section, plan for a longer search cycle, architect and contractor consultations, and a purchase decision that hinges on one or two variables, not a scorecard of thirty.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Momentum Realty knows that in ultra-luxury micro-markets like Tropic Isle 3rd Section, relationships and off-market intelligence matter more than search algorithms. We track waterfront comp nuances—dock permits, seawall condition, flood-zone variances—and we will tell you when a listing is overpriced for its footage or underpriced for its finishes. We coordinate architect walk-throughs before you write an offer, negotiate inspection terms that protect your downside, and make sure your closing timeline aligns with renovation permits if you are planning work. When only four homes have changed hands in months, having a broker who understands every one of those sales is the advantage.

Tropic Isle in 15 seconds.

Best forBuyers with $4–5 million in cash or pre-approval seeking a custom waterfront estate in central Delray Beach and willing to wait for the right property.
Biggest advantageLow inventory turnover means less competitive bidding and room to negotiate condition, timelines, and contingencies with patient sellers.
Biggest riskThin comps make appraisals tricky; if you need financing, expect your lender to scrutinize every adjustment and possibly lowball the valuation.
Sweet spotA buyer who finds an unrenovated estate on deep water and has the budget and team to execute a high-end remodel while living elsewhere.
Avoid ifYou need turnkey luxury within sixty days, want HOA amenities and social structure, or expect multiple backup offers to validate your price.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Tropic Isle 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 Isle.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

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 Isle sales matched to your home.

What is your Tropic Isle home worth?

Get a no-obligation home value based on real comparable sales in Tropic Isle, 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 Isle?
The median sale price in Tropic Isle was $4.61M over the 12 months ending September 12, 2026 (5 closed sales, Beaches MLS).
How long do homes in Tropic Isle take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 105 days on market (5 sales, Beaches MLS).
Who is the best real estate agent for Tropic Isle?
The best agent for Tropic Isle 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 Isle.
How do I find a top Delray Beach real estate agent who knows Tropic Isle?
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 Isle and the wider Delray Beach area.
Can Momentum Realty connect me with an agent for Tropic Isle?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Tropic Isle purchase or sale - no call center and no pressure.
Where is Tropic Isle, and what county is it in?
Tropic Isle is in Delray Beach, Palm Beach County, FL, ZIP 33483.
Buyers with liquid assets above $5 million seeking a primary Delray Beach waterfront residence and comfortable with a six-to-twelve-month search windowExcellent fit
Second-home buyers who prioritize ocean or Intracoastal proximity, privacy, and the ability to customize finishes over move-in readinessExcellent fit
Investors or end-users willing to acquire an older estate, invest in substantial renovation, and hold for long-term appreciation in a proven luxury corridorExcellent fit
Buyers needing predictable closing timelines, multiple inventory options to compare side-by-side, or confidence that an appraisal will meet contract priceProbably not
First-time luxury buyers expecting resort-style amenities, gated entry with staffed security, or a dense social communityProbably not
Anyone stretched at the $4.7 million median with no contingency budget for seawall repair, hurricane mitigation, or unexpected permitting delaysProbably not

Data sources & freshness

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 2002 (86 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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CallFree valuation →
Thinking of selling in Tropic Isle 3Rd Sec? 5 recorded closings; median 105 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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