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172 N County Road, Palm Beach, FL 33480

$7,100,000
Property Type: Comm/Industry Baths: 8 Square Footage: 3,720 Status: Active
Current Price: $7,100,000 Last Modified: 10/31/2023

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 with tons of upside!

More Information MLS# RX-10799671

Contract Information

Status: Active Original List Price: 7990000 Auction: No List Price: $7,100,000 Current Price: $7,100,000 List Price/Bldg SqFt: 1908.6 Listing Date: 2022-05-12 Comm/Non-Rep: 0% Comm/Buyer Agent: 3% Comm/Trans Brk: 3%

General Property Description

Type: MultiFamily (5+ Units) For Sale: Yes For Lease: No Property Desc: Multi family Subdivision: BUNGALOW PARK ADD Year Built: 1943 Built Desc: Resale SqFt - Living: 3720 SqFt Source: Owner # of Stories: 2 Total Units: 8 Baths - Total: 8 Acres: 0.16 % Air Conditioned: 100 Waterfront: No

Location, Tax & Legal

Area: 5002 Geo Area: PB30 County: Palm Beach Parcel ID: 50434315080000011 Street #: 172 Street Dir: N Street Name: County Street Suffix: Road State/Province: FL Zip Code: 33480 Multiple Ofrs Acptd: Yes Zoning: C-TS(c Legal Desc: BUNGALOW PARK ADD LT 1 (LESS E 10 FT NORTH COUNTY RD R/W) & ELY 6.55 FT OF LT 2 Tax Year: 2021 Real Estate Taxes: 16820 Geo Lat: 26.72104 Geo Lon: -80.038078

Remarks & Misc

Directions: Royal Poinciana Way to N County Road.

Office/Member Info

DXORIGMLNO: RX-10799671 DXORIGMLSID: RML

Building Info

# of Tenants: 8

Unit 1

Unit Desc: 1 Bedroom Full Baths: 1 Ann Rent: 3000

Unit 2

Unit Desc: 1 Bedroom Full Baths: 1

Unit 3

Unit Desc: Efficiency Full Baths: 1

Unit 4

Unit Desc: Efficiency Full Baths: 1

Unit 5

Unit Desc: Efficiency Full Baths: 1

Unit 6

Unit Desc: Efficiency Full Baths: 1

Unit 7

Unit Desc: Efficiency

Unit 8

Unit Desc: Efficiency Full Baths: 1

Property Features

Use: Income; Other Type of Building: Free Standing; Income; Other Construction: CBS Sale Includes: Building and Land Avail Docs: None Flooring: Other Cooling: Other Heating: Other Fire Protect: Smoke Detector Tenant Pays: Electric; Insurance Utilities: Electric; Public Sewer; Water Available Roof: Other Terms Considered: Cash; Conventional Lease: None

Documents

Listing Office: Douglas Elliman (Jupiter)
Last Updated: October - 31 - 2023
172 N County Road, Palm Beach, FL 33480- MLS# RX-10799671
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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