11981 Us Highway 1 ,Multi Family for Sale & Rent

11981 Us Highway 1 for Sale & Rent

Price $4,950,000.00

• Lot size 7027
• Year Build 1993
• Waterfront
• Zip 33408
• Style
• Parking Description Free Parking
• Pool Yes
• Status Active

Description

INCREDIBLE INVESTMENT OPPORTUNITY! Situated on over 2 acres in the heart of Palm Beach County, this fully renovated 7,700 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.

ORANGE TERRACE LTS 16 TO 18 INC & 4-42-43~ N 100 FT OF S 2950 FTOF NW 1/4 LYG W OF FEDERAL HWY IN OR1477P182 (LESS W 1000 FT)

2 To Less Than 3 Acre Lot, Fenced

INCREDIBLE INVESTMENT OPPORTUNITY! Situated on over 2 acres in the heart of Palm Beach County, this fully renovated 7,700 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.

Sewer:1:Public Sanitation,2:Sewer,Zoning:RM,Country:United States,List A O R:BeachesMLS,Stories:1,Tax Year:2025,Cooling Y N:1,Heating Y N:1,List Price:4950000,Listing Id:B26039778,Mls Status:Active,Year Built:1993,Inclusions:Building Only, Business And Building,Postal Code:33408,Street Name:Us Highway 1,Lot Features:1:Fenced,Photos Count:49,Days On Market:2,Listing Terms:1:Conventional,2:Exchange,Lot Size Acres:2.12,Lot Size Units:Square Feet,M I A M I R E_ Area:5220,On Market Date:2026-06-09,Parcel Number:00434204090000160,Parking Total:20,Property Type:Commercial Sale,Stories Total:1,Street Number:11981,Public Remarks:INCREDIBLE INVESTMENT OPPORTUNITY! Situated on over 2 acres in the heart of Palm Beach County, this fully renovated 7,700 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.,County Or Parish:Palm Beach County,Documents Count:1,Expiration Date:2026-12-09,List Office Name:The Corcoran Group,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2858,Property Sub Type:Multi Family,State Or Province:FL,Tax Annual Amount:1693,Unparsed Address:11981 Us Highway 1, FL 33408,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Security Features:1:Fire Alarm,2:TV Camera,3:TV Monitor,Building Area Total:7027,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Num Floors:1,Number Of Buildings:1,Original List Price:4950000,Building Area Source:Appraisal,I D X Participation Y N:1,Syndication Remarks:INCREDIBLE INVESTMENT OPPORTUNITY! Situated on over 2 acres in the heart of Palm Beach County, this fully renovated 7,700 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 Contract Date:2026-06-09,Originating System I D:miamire,Showing Instructions:Call Listing Agent,Elect Lockbox-Call List Agent,Text Agent Phone Number,Street Number Numeric:11981,Tax Legal Description:ORANGE TERRACE LTS 16 TO 18 INC & 4-42-43~ N 100 FT OF S 2950 FTOF NW 1/4 LYG W OF FEDERAL HWY IN OR1477P182 (LESS W 1000 FT),Electric On Property Y N:1,M I A M I R E_ Current Price:4950000,M I A M I R E_ Year Installed:1993,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Palm Bch 5200; 5210; 5220; 5230; 5240; 5250,M I A M I R E_ Parcel Number M L X:0043,Contract Status Change Date:2026-06-09,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:9,M I A M I R E_ Acreage Description:2+ To 3 Acres,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Parking Space Number:20,M I A M I R E_ Agent Alternate Phone:305-389-4045,M I A M I R E_ Approx Sqft Total Area:92365,M I A M I R E_ Property Description:PRIVATE SCHOOLS & COLLEGES,Internet Entire Listing Display Y N:1,M I A M I R E_ Dade Market Amt Assessed Amt:2854411,Internet Automated Valuation Display Y N:1,