Date
Details
Price
Change
Source
6/11/2026
Listed
$4,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$4,950,000
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Property 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.
Full Property Details
Full Property Details for 11981 US Hwy 1
General
- Price: $4,950,000
- Taxes: $1,693 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: Regional
- MLS ID: B26039778
- Updated: 6/11/2026
- Added to Site: 13 day(s) ago
Interior
- Flooring: Wood
Additional Information
- Security/Safety: Closed Circuit Camera(s), Fire Alarm
Parking
- Total Spaces: 20
- Parking Features: Free Parking
Location
- County: Palm Beach
Community
- Community Name: 5220
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ductless, Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- # Buildings: 1
- Construction: Block
- Roof: Aluminum
- Stories/Levels: 1
- Building Size: 7027
- Year Built: 1993
Lot Features
- Lot Size (Acres): 2.12
- Lot Features: 2-3 Acres
- Zoning: RM
- Fencing (Description): Back Yard, Fenced, Gate
Financial Considerations
- Assessment Amount: $2,854,411
- Tax Amount: $1,693.51
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Ground Photo, Other
- 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)
- Property ID: 434204090000160
Listed by The Corcoran Group
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Listing agent
— 11981 US Hwy 1 —
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Schools
Schools serving 11981 US Hwy 1
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
The Conservatory School 401 Anchorage Drive, North Palm Beach, FL 33408 | PK-8 | 2.8 mi |
William T. Dwyer High School 13601 North Military Trail, Palm Beach Gardens, FL 33410 | 9-12 | 3.3 mi |
Howell L. Watkins Middle School 9480 Macarthur Boulevard, Palm Beach Gardens, FL 33403 | 6-8 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11981 US Hwy 1
Estimate the Cost
Estimate the Cost for 11981 US Hwy 1
11981 US Highway 1, , FL (MLS# B26039778) is a Commercial Multi-Family property. 11981 US Highway 1 is currently listed for $4,950,000 and was received on June 11, 2026. Want to learn more about 11981 US Highway 1? Do you have questions about finding other Commercial Multi-Family real estate for sale in ? You can browse all real estate or contact a Coldwell Banker agent to request more information.