11701 Us Highway, North Palm Beach, FL 33408

$12,495,000
Property Type: Commercial Sale Lot Size (sq. ft.): 105,415 Status: Active
Current Price: $12,495,000 List Date: 1/14/2026 Last Modified: 2/19/2026

Description

Offered for sale is a well-located, institutional-quality retail strip center in North Palm Beach, Florida, totaling 20,008 square feet on a 2.42-acre site. The property is 100% leased to a strong mix of nationally and regionally recognized tenants, including Waterfront Properties, City Mattress, and Third Federal, all operating under NNN lease structures, providing passive and predictable cash flow for ownership.

More Information MLS# R11154270

Contract Information

Comp Sale YN: No Listing Contract Date: 2026-01-14 Status: Active Original List Price: 12495000 List Price: $12,495,000 Current Price: $12,495,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: North Palm Beach Postal Code: 33408 Geographic Area: PB28 Property Description: Retail Property Country: United States Street Number: 11701 Street Name: Us Street Suffix: Highway State Or Province: FL Area: 5230 Parcel Number: 00434204000003300 Zoning: CG

General Property Information

Lot Size Area: 105415.2 Stories: 1 Property Sub Type: Retail Building Area Source: Owner Year Built: 2000 Lot Size Acres: 2.42

Currently Not Used

Number Of Units Total: 3

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: 1

Flooring

Other: 1

Documents Available

Aerial Photo(s): 1 Books & Records: 1 Photos: 1

Tenant Pays

Common Area Maintenance: 1 Electricity: 1 Insurance: 1 Maintenance: 1 Taxes: 1

Possession

Close Of Escrow: 1

Building and Property Details

# Of Toilets: 5 % Air Conditioned: 100 Maximum Ceiling Height: 12

Building Features

Free Standing: 1

Heating

Central: 1

Sale Includes

Building: 1 Land: 1

Listing Terms

Cash: 1 Conventional: 1

Roof

Other: 1

Security Features

Fire Sprinkler System: 1

Cooling

Central Air: 1

Showing Requirements

24 Hour Notice: 1

Financial Information

Tax Annual Amount: 108996 Tax Year: 2025 Tax Legal Description: 4-42-43, NLY 224.44 FT OF SLY 1250 FT OF ELY 452.24 FT OF NW 1/4 & NLY 68.10 FT OF WLY 274.68 FT OF SLY 1319.32 FT OF N

Status Change Information

Major Change Timestamp: 2026-01-14T16:40:07Z Major Change Type: New Listing Status Change Date: 2026-01-14

Originating Details

Originating System Key: 20260114163535634644000000 Originating System ID: M00000170

Property Features

Building Features: Free Standing Documents Available: Aerial Photo(s); Books & Records Electric: Three Phase Flooring: Other Heating: Central Possession: Close Of Escrow Sale Includes: Building; Land Tenant Pays: Common Area Maintenance; Electricity; Insurance; Maintenance; Taxes Cooling: Central Air Listing Terms: Cash; Conventional Roof: Other Security Features: Fire Sprinkler System Showing Requirements: 24 Hour Notice
Listing Office: Johnston Group Real Estate Services LLC
IDX
Last Updated: February - 19 - 2026
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