Commercial Sale · Multi Family
172 N County Road, Palm Beach FL 33480, PALM BEACH, FL, 33480
Active665 days on marketListed Oct 16, 2024MLS #R11028931
About this property
The property at a glance
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!
3,720
Building sq ft
$2,016
Price / sq ft
0.16
Lot acres
1943
Year built
8
Units
C-TS(c
Zoning
Multi Family
Property type
The numbers
Investment snapshot
$937,500
Price / unit
8
Units
Estimated payment (illustrative)
Estimated payment
$36,661/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
2,822
Population
$193,972
Median income
73
Median age
2
Avg household
$1,982,614
Median home value
$1,895/mo
Median rent
48%
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
It's all about the grape. This population enjoys a trip to the vineyard to learn about wine and sharing a good bottle with friends and family.
Passionate about style, smart chic searches high and low for the perfect look - but not one that will break the bank.
This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Whether it's the stress of wedding planning or looking back on that special day, this population has their eyes and hearts focused on lifelong commitment.
Recent sales
What actually sold near 172 N County Road
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$555,000
921 14th Street, West Palm Beach FL 33401
Sold May 29, 2026
$975,000
1913 Division Avenue, West Palm Beach FL 33407
Sold Aug 29, 2024
$1,200
315 President Barack Obama Highway # 104, Riviera Beach FL 33404
Sold Jun 18, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 172 N County Road — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 172 N County Road.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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