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Property profile & analytics
OFF-MARKET
Specialty properties

172 County Rd Palm Beach, FL 33480

1,836 SF Built 1943
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Year built 1943
Total area 1,836 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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