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172 N County Road, Palm Beach FL 33480

Commercial For Sale
$7,500,000

BTC: 117.92452830

ETH: 3,941.89126687

+$400K (2025/10/29)
654 days
0 room(s)

Overview

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!

Location

Florida • Palm Beach • 33480 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1943
Lot:
0.16 Acres
Heating:
Other
Price/sqft:
No Data
Cooling:
Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,015,000
$404K – $6.0M
Confidence Low
List vs. estimate
$6.5M above estimate
List $7,500,000 · +638.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $2.3M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$33,318
2024
All facts and features

  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • Other

  • Property

    • Levels: 2

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 50434315080000011

    • Zoning: C-TS(c

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Water Connected

    • Water Available

  • Other financial information

    • Annual tax amount: $33,318

  • Source details

    • MLS ID: R11028931

    Other facts

    • Construction Materials: CBS Construction

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33480
302
median $1.5M
Active
Same city
Palm Beach
3,233
median $520K
Active
Same type
Commercial
116
median $1.1M
Active
Similar price
$5.2M – $9.8M
135
median $7.0M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman Jupiter