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172 N County Road, Palm Beach, FL 33480

$7,500,000

Virtual Tour

https://www.propertypanorama.com/172-N-County-Road-Palm-Beach-FL-33480/unbranded

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: 2/19/2026

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

Listing Office: Douglas Elliman (Jupiter)

Last Updated: February - 19 - 2026

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

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