172 N County Road, Palm Beach, FL 33480
$7,500,000
Property Type:
Commercial Sale
Square Footage:
3,720
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$7,500,000
List Date:
10/16/2024
Last Modified:
3/13/2026
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!
More Information MLS# R11028931
Contract Information
Comp Sale YN: No
Listing Contract Date: 2024-10-16
Status: Active
Original List Price: 7100000
List Price: $7,500,000
Current Price: $7,500,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Code: 33480
Geographic Area: PB30
Multiple Offers Accepted: Yes
Property Description: Multi family
Country: United States
Street Number: 172
Street Direction Prefix: N
Street Name: County
Street Suffix: Road
State Or Province: FL
Area: 5002
Parcel Number: 50434315080000011
Zoning: C-TS(c
General Property Information
Lot Size Area: 6969.6
Stories: 2
Property Sub Type: Multi Family
Building Area Main: 3720
Building Area Source: Owner
Year Built: 1943
Lot Size Acres: 0.16
Currently Not Used
Number Of Units Total: 8
Remarks and Miscellaneous
Public Historical Remarks: Building Type: Y
Office/Member Information
DXORIGMLSID: RML
Electric
Three Phase: 1
Flooring
Other: 1
Property Condition
Resale: 1
Documents Available
Photos: 1
Tenant Pays
Electricity: 1
Insurance: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Water Available: 1
Building and Property Details
# Of Tenants: 8
# Of Toilets: 8
% Air Conditioned: 100
Maximum Ceiling Height: 8
Building Features
Free Standing: 1
Business Type
Other: 1
Heating
Other: 1
Sale Includes
Building: 1
Land: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Other: 1
Security Features
Smoke Detector(s): 1
Description of Unit Type 1
Unit Type: 1 Bedroom
Full Baths: 1
Annual Rent: 3000
Description of Unit Type 2
Unit Type: 1 Bedroom
Full Baths: 1
Cooling
Other: 1
Description of Unit Type 3
Unit Type: Efficiency
Full Baths: 1
Description of Unit Type 4
Unit Type: Efficiency
Full Baths: 1
Description of Unit Type 5
Unit Type: Efficiency
Full Baths: 1
Description of Unit Type 6
Unit Type: Efficiency
Full Baths: 1
Description of Unit Type 7
Unit Type: Efficiency
Showing Requirements
24 Hour Notice: 1
Listing Agent Must Accompany: 1
Price Calculations
Current Price To SqFt: 2016.12
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
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
Originating Details
Originating System Key: 20240820160706750677000000
Originating System ID: M00000170
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
Documents
OM ›
Listing Office:
Douglas Elliman Jupiter
Last Updated: March - 13 - 2026
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