176 Lake Drive, Palm Beach Shores, FL 33404 (MLS# R11076662)
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176 Lake Drive, Palm Beach Shores, FL 33404
$58,500,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
32,670
Status:
Closed
Current Price:
$58,500,000
List Date:
3/31/2025
Last Modified:
1/13/2026
Overview
Listing Details MLS# R11076662
General Property Information
- Property Sub Type
- Multi Family
- Building Area Source
- Public Records
- Year Built
- 2008
- Lot Size Area
- 32670
- Lot Size Acres
- 0.75
- Stories
- 3
Property Features
Flooring:
Other
Heating:
Other
Possession:
Negotiable
Sale Includes:
Building; Land
Cooling:
Other
Listing Terms:
Other
Roof:
Other
Security Features:
None
Utilities:
Other
Showing Requirements:
Call Listing Agent
Contingencies:
None
Contract Information
- Comp Sale YN
- Yes
- Listing Contract Date
- 2025-03-31
- Original List Price
- 58500000
Location and Legal
- Country
- United States
- County Or Parish
- Palm Beach
- County Parish Name
- Palm Beach
- Street Number
- 176
- Street Name
- Lake
- Street Suffix
- Drive
- City Name
- Palm Beach Shores
- State Or Province
- FL
- Postal Code
- 33404
- Area
- 5240
- Geographic Area
- PB28
- Parcel Number
- 54434227040005361
- Zoning
- C—MULTI-FAMILY
- Property Description
- MultiFamily-5+ Unit
Financial Information
- Tax Annual Amount
- 123597
- Tax Year
- 2024
- Tax Legal Description
- C—MULTI-FAMILY (HOTELS/MOTELS) (54-PALM BEACH SHORES)
Remarks and Miscellaneous
- Public Historical Remarks
- Building Type: Y
More Information
Status Change Information
- Major Change Timestamp
- 2025-03-31T15:56:37Z
- Major Change Type
- Status Change
- Status Change Date
- 2025-03-31
- Under Contract Date
- 2024-10-23
- Close Date
- 2024-10-23
- Close Price
- 58500000
- Buyer Financing
- Other
Building and Property Details
- # Of Toilets
- 70
- % Air Conditioned
- 100
- Maximum Ceiling Height
- 10
Contributions
- Buyer Contributions
- No
Price Calculations
- Original List Price To Close Price
- Yes
Originating Details
- Originating System Key
- 20250331150525445446000000
- Originating System ID
- M00000170
Currently Not Used
- Number Of Units Total
- 36
Office/Member Information
- DXORIGMLSID
- RML
Flooring
- Other
- Yes
Possession
- Negotiable
- Yes
Utilities
- Other
- Yes
Heating
- Other
- Yes
Sale Includes
- Building
- Yes
- Land
- Yes
Listing Terms
- Other
- Yes
Roof
- Other
- Yes
Security Features
- None
- Yes
Cooling
- Other
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Contingencies
- None
- Yes
Listing Office:
Non Member Listing Office
Last Updated: January - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.