$7,500,000
Palm Beach, FL 33480
MLS# RX-11028931
8 baths | 3720 sqft
1 / 49
Property 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!
Details
Documents
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
Survey 
Listing Office: Douglas Elliman (Jupiter)
Last Updated: November - 21 - 2025
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.
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