Tropic Isle 2nd Homes for Sale

Tropic Isle 2nd Sec is a luxury waterfront, luxury community in Delray Beach, Palm Beach County, Florida. Properties are priced from $2,300,000 to $10,900,000. Pure Equity lists homes in Tropic Isle 2nd and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Tropic Isle 2nd and the Delray Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 3 Tropic Isle 2nd Delray Beach homes for sale as of October 2026. The median asking price is $7.5M. Asking prices run from $7.5M to $10.9M.

That is 2530% above the Delray Beach median of $285,000. On a per-foot basis, homes here ask about $1,252 per square foot, compared with $237 across Delray Beach. So the median price buys roughly 6,000 square feet of living area.

Listings here have averaged 150 days on the market. That is slower than the Delray Beach average of 113 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Tropic Isle 2nd date from 1957 to 2026. That puts them between 0 and 69 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Tropic Isle 2nd includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

At a median near $7.5M, Tropic Isle 2nd sits in the luxury tier of Delray Beach. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Tropic Isle 2nd have a median asking rent of $15,000 per month, across 2 active rental listings. For comparison, the Delray Beach median is $2,650, so rents here run 466% higher.

You can browse current Delray Beach rentals or ask us for a rent estimate on a specific Tropic Isle 2nd home.

Here is what the median Tropic Isle 2nd price means in Florida closing terms. At $7.5M, a 20% down payment comes to about $1.5M, leaving a loan near $6.0M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $20,986. Next, the intangible tax of 0.2% adds about $11,992. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Tropic Isle 2nd median, that is about $52,465.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Tropic Isle 2nd listings show assignments to Pine Grove (elementary), Boca Raton Community (middle) and Boca Raton (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.