172 N County Road, Palm Beach, FL 33480 — MLS photo

Get More Info About This Property

172 N County Road, Palm Beach, FL 33480

Active · MultiFamily

$6,995,000

172 N County Road, Palm Beach, FL 33480

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1943
Lot size
—
HOA fee
—
Annual tax
—

About this property

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!

Property location

Get Directions

172 N County Road, Palm Beach, FL 33480

Loading property location…

Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
MultiFamily
Year built
1943

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
R11028931
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$13,690

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$33,160/mo
Down payment
$1,748,750
Loan amount
$5,246,250
Annual NOI
$233,638

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.