Search
Seven-Unit Apartment Building
For Sale
Contact for pricing

126 Peruvian Avenue, Palm Beach, FL 33480

Built in 1920, the stucco property includes seven distinct residential units and tropical landscaping.

Property Size2,827 SF
Lot Size0.14 Acres
Days on Market142

Property Features for 126 Peruvian Avenue

General Information

Standard status Active
Size 2,827 SF
Lot size 0.14 Acres
Property subtype Special Purpose

Additional Details

Multifamily Units 7

Building Details

Year Built 1920
Buildings 1
Construction stucco
Listing Agency: Donohue Real Estate Palm Beach
Listed By: Frank Forlini · License #3351122
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Donohue Real Estate Palm Beach

Investment Insights

Based on property information with market context.

This apartment property contains seven residential units within a 2,827-square-foot building on a 6,272-square-foot lot. Constructed in 1920, the building features a stucco exterior, classic architectural character, and tropical landscaping. Each unit has distinct features, creating a varied configuration within the property.

Located at 126 Peruvian Avenue in Palm Beach, the property is identified as the third property from the ocean and is described as being just steps from the beach. The surrounding area includes high-end boutiques, gourmet dining, and cultural landmarks.

The property’s seven-unit layout supports residential income use and offers a configuration that may also suit a family compound or redevelopment project, as described in the property information.

Key Highlights

  • Seven‑unit apartment property
  • 2,827‑square‑foot building on a 6,272‑square‑foot lot
  • Originally constructed in 1920

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy Auto Repair Shop Bakery Plumbing Service Dental Office Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,472
Businesses Nearby

Demographics for 33480, FL

10,716
Population
12,438
Households
0.9
Avg Household Size
68
Median Age
65%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
2,748
Density / Sq Mi
$151,121
Median Household Income
$81,850
Median Earnings
$1,840
Median Rent
$1,218,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1920, the stucco property includes seven distinct residential units and tropical landscaping.
Where is this apartment building located?
The property is located at 126 Peruvian Avenue Palm Beach, FL.
What are key features of this property?
This property features: Seven‑unit apartment property; 2,827‑square‑foot building on a 6,272‑square‑foot lot; Originally constructed in 1920
(561) 838-9555 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message