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172 N County Road, Palm Beach, FL 33480

$7,500,000
Property Type: Comm/Industry Baths: 8 Square Footage: 3,720 Status: Active
Current Price: $7,500,000 Last Modified: 11/21/2025

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# RX-11028931

Contract Information

Auction: No List Price/Bldg SqFt: 2016.13 Status: Active Original List Price: 7100000 List Price: $7,500,000 Current Price: $7,500,000 Listing Date: 2024-10-16

General Property Description

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

Location, Tax & Legal

Geo Area: PB30 Country: United States State/Province: FL Tax Year: 2024 Zoning: C-TS(c Real Estate Taxes: 33318 Multiple Ofrs Acptd: Yes Area: 5002 County: Palm Beach Parcel ID: 50434315080000011 Street #: 172 Street Dir: N Street Name: County Street Suffix: Road Zip Code: 33480 Legal Desc: BUNGALOW PARK ADD LT 1 (LESS E 10 FT NORTH COUNTY RD R/W) & ELY 6.55 FT OF LT 2 Geo Lat: 26.721039 Geo Lon: -80.038076

Office/Member Info

DXORIGMLNO: RX-11028931 DXORIGMLSID: RML

Building Info

# of Tenants: 8

Type of Building

Free Standing: 1 Income: 1 Other: 1

Unit 1

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

Unit 2

Unit Desc: 1 Bedroom Full Baths: 1

Sale Includes

Building and Land: 1

Unit 3

Unit Desc: Efficiency Full Baths: 1

Unit 4

Unit Desc: Efficiency Full Baths: 1

Avail Info

Photos: 1

Unit 5

Unit Desc: Efficiency Full Baths: 1

Construction

CBS: 1

Avail Docs

None: 1

Unit 6

Unit Desc: Efficiency Full Baths: 1

Unit 7

Unit Desc: Efficiency

Unit 8

Unit Desc: Efficiency Full Baths: 1

Cooling

Other: 1

Heating

Other: 1

Tenant Pays

Electric: 1 Insurance: 1

Use

Income: 1 Other: 1

Flooring

Other: 1

Utilities

Electric: 1 Public Sewer: 1 Water Available: 1

Fire Protect

Smoke Detector: 1

Roof

Other: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

At Closing: 1

Lease

None: 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 Possession: At Closing
Listing Office: Douglas Elliman (Jupiter)
Last Updated: November - 21 - 2025
172 N County Road, Palm Beach, FL 33480- MLS# RX-11028931
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