172 N County Road, Palm Beach, FL 33480 (MLS# R11028931)

172 N County Road, Palm Beach, FL 33480

$7,500,000
Property Type: Commercial Sale Square Footage: 3,720 Status: Active
Current Price: $7,500,000 List Date: 10/16/2024 Last Modified: 3/13/2026

Overview

Description

8-unit CBS building consisting of two 1 bedroom/1 bath units and six studios. Only 1 block from the ocean. Amazing opportunity to own an income-producing property on the island!

Listing Details MLS# R11028931

General Property Information

Property Sub Type
Multi Family
Number Of Units Total
8
Building Area Main
3720
Building Area Source
Owner
Year Built
1943
Lot Size Area
6969.6
Lot Size Acres
0.16
Stories
2

Property Features

Building Features: Free Standing Business Type: Other Electric: Three Phase Flooring: Other Heating: Other Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building; Land Tenant Pays: Electricity; Insurance Construction Materials: CBS Cooling: Other Listing Terms: Cash; Conventional Roof: Other Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Water Available Showing Requirements: 24 Hour Notice; Listing Agent Must Accompany

Contract Information

Comp Sale YN
No
Listing Contract Date
2024-10-16
Original List Price
7100000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
172
Street Direction Prefix
N
Street Name
County
Street Suffix
Road
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Area
5002
Geographic Area
PB30
Parcel Number
50434315080000011
Multiple Offers Accepted
Yes
Zoning
C-TS(c
Property Description
Multi family

Financial Information

Tax Annual Amount
33318
Tax Year
2024
Tax Legal Description
BUNGALOW PARK ADD LT 1 (LESS E 10 FT NORTH COUNTY RD R/W) & ELY 6.55 FT OF LT 2

Remarks and Miscellaneous

Public Historical Remarks
Building Type: Y

More Information

Status Change Information

Major Change Timestamp
2025-10-29T15:11:09Z
Major Change Type
Price Change
Price Change Timestamp
2025-10-29T15:11:09Z
Status Change Date
2024-10-16

Building and Property Details

# Of Tenants
8
# Of Toilets
8
% Air Conditioned
100
Maximum Ceiling Height
8

Description of Unit Type 1

Unit Type
1 Bedroom
Full Baths
Yes
Annual Rent
3000

Description of Unit Type 2

Unit Type
1 Bedroom
Full Baths
Yes

Description of Unit Type 3

Unit Type
Efficiency
Full Baths
Yes

Description of Unit Type 4

Unit Type
Efficiency
Full Baths
Yes

Description of Unit Type 5

Unit Type
Efficiency
Full Baths
Yes

Description of Unit Type 6

Unit Type
Efficiency
Full Baths
Yes

Description of Unit Type 7

Unit Type
Efficiency

Price Calculations

Current Price To SqFt
2016.12

Originating Details

Originating System Key
20240820160706750677000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Flooring

Other
Yes

Property Condition

Resale
Yes

Documents Available

Photos
Yes

Tenant Pays

Electricity
Yes
Insurance
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Water Available
Yes

Building Features

Free Standing
Yes

Business Type

Other
Yes

Heating

Other
Yes

Sale Includes

Building
Yes
Land
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Other
Yes

Security Features

Smoke Detector(s)
Yes

Cooling

Other
Yes

Showing Requirements

24 Hour Notice
Yes
Listing Agent Must Accompany
Yes
Listing Office: Douglas Elliman Jupiter
IDX
Last Updated: March - 13 - 2026
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