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!
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
This listing can also be located in the MLS system as RX-11028931