$7,500,000
$400K PRICE INCREASE

Estimated payment $44,158/month

Total Views 95
-- Beds
8 Baths
3,720 Sq Ft
$2,016 Price per Sq Ft

Highlights

  • No HOA
  • Palm Beach Public School Rated A-
  • Heating Available

About This Home

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!

Co-Listing Agent

Danielle McCarroll

Douglas Elliman License #3227617

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,318

Year Built

  • Built in 1943

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 8 Bathrooms
  • 3,720 Sq Ft Home
  • Property has 2 Levels
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Heating Available
  • Three-Phase Power

Community Details

  • No Home Owners Association
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 50434315080000011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,318

Year Built

Built in 1943

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1943
  • Property Sub Type: Multi Family
  • Business Type: Other
  • Co List Office Mls Id: FLL802465
  • Co List Office Phone: 561-655-8600
  • Horses: No
  • Inclusions: Building Only, Business And Building
  • Unit Levels: 2
  • Lot Size Acres: 0.16
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: Resale
  • CurrentPrice: 7500000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Stories: 2

Exterior Features

  • Roof: Other Roof/Roof Structure, Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Utilities

  • Sewer: Public Sewer, Public Sanitation, Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Smoke Alarm, Smoke Detector(s), Smoke Detector
  • Utilities: Water Connected, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 50434315080000011
  • Zoning: C-TS(c

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 33318

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 For Sale $7,100,000 -- $1,909 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: R11028931

MIAMI REALTORS® MLS
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