About this home
INCREDIBLE INVESTMENT OPPORTUNITY! Situated on over 2 acres in the heart of Palm Beach County, this fully renovated 7,027 SF standalone commercial building offers exceptional flexibility with Medium Density Multifamily zoning. Currently configured with 28 private offices, 6 bathrooms, multiple flex spaces, 3 large open areas/classrooms, & a 3-door garage storage area, the property is turnkey & ready for immediate occupancy or redevelopment. Ample on-site parking and a premier location just north of PGA Blvd near Seminole Landing place it within one of South Florida's most desirable growth corridors. Ideal for multifamily development, medical, professional office, educational, or continued commercial use, this rare offering presents outstanding upside potential in a high-demand market.
Listing last checked: Listing updated:
Listed by Christine C Sheehan · The Corcoran Group · MLS #B26039778
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Details at a glance
Interior3 property facts
- Heating
- Heat Pump
- Cooling
- Central Air, Ductless, Heat Pump
- Flooring
- Wood
Building4 property facts
- Style
- Multi Family
- Year built
- 1993
- Parking
- 20
- Roof
- Aluminum
Land & utilities4 property facts
- Lot size
- 2.12 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RM
Financial2 property facts
- Annual taxes
- $1,694
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $4,950,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$25,171 / monthAdjust
- Principal & interest
- $25,030
- Property tax
- $141
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $1,694. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 11981 Us Highway 1
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