Property 172 N County Road, Palm Beach, FL 33480 for sale with MLS# R11028931

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!

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172 N County Road, Palm Beach, FL 33480

Price
Price:
$7,500,000.00
Original List Price:
$7,100,000.00
List Price per Sq Ft (Calculated, Approx.):
$2,016.12
Lease Details
Tenant Pays:
Electricity, Insurance
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Other
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
Price Change
Last Major Update on:
October 29, 2025 3:11 pm
Rooms Distribution
Bathrooms Total:
8
Measures
Built-Up Area:
3,720 Sqft
Building Area Source:
Owner
Lot Size Acres:
0.16
Property Features
Security:
Smoke Detector(s)
Air Conditioning
Air Conditioning System:
Other
Heating
Heating System:
Other
Building:
Free Standing
Construction
Year Built:
1943
Roof:
Other
Number of Units Total:
8
Construction Materials:
CBS
Flooring:
Other
Stories:
2
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$33,318.00
Tax Year:
2024
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Water Available
Community
Senior Community:
No
Terms
Documents Available:
Photos
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
BUNGALOW PARK ADD LT 1 (LESS E 10 FT NORTH COUNTY RD R/W) & ELY 6.55 FT OF LT 2
Real Estate Folio Number (Parcel Number):
50434315080000011
Zoning:
C-TS(c
Listing History
Active on the market since:
October 16, 2024
Listing Agreement executed on:
October 16, 2024
Price change occurred on:
October 29, 2025 3:11 pm
Listing Status Last Changed On:
October 16, 2024 3:07 pm
Photos updated on:
August 11, 2025 4:07 pm
Last Modified:
September 3, 2026 11:16 pm
Additional Information
Courtesy of:
Douglas Elliman Jupiter
Attribution:
Not provided
Location
Street Name:
County
Street Number:
172
City:
Palm Beach
State:
Florida
Zip Code:
33480
County:
Palm Beach
Latitude:
N26° 43' 15.7''
Longitude:
W81° 57' 42.9''
Street Suffix:
Road
Street Direction Prefix:
N
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $151,121
Median Home Value $1,218,500
Median Rent $1,840/mo
Median Age 69
Population 10,901

Air Quality

Source: AirNow.gov · West Palm Beach

🌬️ Air Quality Index (AQI) 28 Good
☀️ O3 24 Good
🫁 PM2.5 28 Good
💨 PM10 10 Good
Ver la Propiedad Ver la propiedad 172 N County Road, Palm Beach, FL 33480
This listing can also be located in the MLS system as RX-11028931
Association of REALTORS®
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