172 County Rd Palm Beach, FL 33480
- Specialty properties
- 1,836 SF
Current Use by Public Records
- Specialty properties
Property Details for 172 County Rd
- Year built
- 1943
- Property size
- 1,836 SF
- Property type
- Specialty properties
Description
This exceptional 8-unit building, located at 172 N County Road in Palm Beach, Florida, presents a rare investment opportunity. Built in 1943, the property boasts a total of 1,836 square feet and sits just one block from the Atlantic Ocean. The building comprises a mix of unit types, including two one-bedroom, one-bathroom apartments and six studio units, providing a diverse rental portfolio. The asking price is $7,100,000. This presents a chance to acquire a proven income-generating asset in a highly desirable location. The property's proximity to the ocean ensures strong rental demand and potential for appreciation. Given its location in Palm Beach, Florida, 33480, this property offers significant upside potential for investors seeking a foothold in the lucrative South Florida real estate market. The lot size is not specified. This unique offering is ideal for those seeking a stable, income-producing investment in a prime coastal location. The building's age and unit configuration provide a solid foundation for future growth and potential renovations. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0381
- Latitude
- 26.7211
