$7,100,000
Palm Beach, FL 33480
MLS# RX-11028931
8 baths | 1836 sqft

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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
Status: Active
Original List Price: 7100000
Auction: No
List Price: $7,100,000
Current Price: $7,100,000
List Price/Bldg SqFt: 3867.1
Listing Date: 2024-10-16
General Property Description
Type: MultiFamily (5+ Units)
For Sale: Yes
For Lease: No
Property Desc: Multi family
Subdivision: BUNGALOW PARK ADD
Year Built: 1943
Built Desc: Resale
SqFt - Living: 1836
SqFt Source: Owner
# of Stories: 2
Total Units: 8
Baths - Total: 8
Acres: 0.16
% Air Conditioned: 100
Waterfront: No
Location Tax Legal
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
Building Info
# of Tenants: 8
Unit 1
Unit Desc: 1 Bedroom
Full Baths: 1
Ann Rent: 3000
Unit 2
Unit Desc: 1 Bedroom
Full Baths: 1
Unit 3
Unit Desc: Efficiency
Full Baths: 1
Unit 4
Unit Desc: Efficiency
Full Baths: 1
Unit 5
Unit Desc: Efficiency
Full Baths: 1
Unit 6
Unit Desc: Efficiency
Full Baths: 1
Unit 7
Unit Desc: Efficiency
Unit 8
Unit Desc: Efficiency
Full Baths: 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
Listing Office: Douglas Elliman (Jupiter)
Last Updated: September - 01 - 2025

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