176 Lake Drive, Palm Beach Shores, FL 33404 (MLS# R11076662)

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
IDX
Last Updated: January - 13 - 2026
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