11701 US HIGHWAY 1, Palm Beach Gardens, FL

$12,395,000
Property Type: Commercial Sale Square Footage: 20,008 Status: Active
Current Price: $12,395,000 List Date: 8/06/2026 Last Modified: 9/09/2026

Overview

Description

Offered for sale is a well-located, institutional-quality retail strip center in North Palm Beach, Florida, totaling 20,008 square feet on a 2.42-acre site. The property is 100% leased to a strong mix of nationally and regionally recognized tenants, including Waterfront Properties, City Mattress, and Third Federal, all operating under NNN lease structures, providing passive and predictable cash flow for ownership.

Listing Details MLS# B26061014

General Property Information

Property Sub Type
Retail
Building Area Main
20008
Building Area Source
Other
Year Built
2000
Parking Total
100
Lot Size Area
105489
Lot Size Acres
2.42
Accessibility Features YN
Yes
Stories Total
Yes

Property Features

Documents Available: Aerial Photo(s) Electric: Other Heating: Central Possession: Subject To Tenant Rights Special Listing Conditions: Standard Construction Materials: Stucco Cooling: Central Air Listing Terms: Cash; Conventional Roof: Other Security Features: Fire Sprinkler System Sewer: Public Sewer Utilities: Electricity Connected Water Source: Public Showing Requirements: 24 Hour Notice Acreage Description: 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
12395000
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
11701
Street Name
US HIGHWAY 1
Municipality Type
Unincorporated
Municipal Code
00
State Or Province
FL
Postal Code
33408
Postal Code +4
3047
Area
5220
Geographic Area
PB28
Parcel Number
00434204000003300
Zoning
CG
Flood Zone
X
Property Description
STORES, ONE STORY

Financial Information

Tax Annual Amount
108995.91
Tax Year
2025
Tax Assessed/SOH Value
6619064
Tax Legal Description
4-42-43~ NLY 224.44 FT OF SLY 1250 FT OF ELY 452.24 FT OF NW 1/4 & NLY 68.10 FT OF WLY 274.68 FT OF SLY 1319.32 FT OF NW 1/4 LYG W OF & ADJ
Assessor Market Value
6619064

Status Change Information

Major Change Timestamp
2026-08-06T16:43:55Z
Major Change Type
New Listing
Status Change Date
2026-08-06

More Information

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
3
Separate Gas Meters YN
No
Separate Water Meters YN
Yes
Number Of Separate Water Meters
3

Originating Details

Originating System Key
20260806162401223605000000
Originating System ID
M00000170
IDX
Listing Office: Johnston Group Real Estate Serv
Last Updated: September - 09 - 2026
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 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.