11981 Highway 1

Beds
Baths
7,027 Sq. Ft.
$704 / Sq. Ft.
7,027
Sq. Ft.
$704
per Sq. Ft.

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...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.
  1. Listed by Christine C Sheehan • Brokerage DRE #2034764 • The Corcoran Group
    P: (305)-389-4045 C: (305)-389-4045 christysheehan@gmail.com

Property Details for 11981 Highway 1

Style
No Pool/No Water
Year Built Numeric
1993
LISTING UPDATED: 06/11/2026 11:34 AM

Property Details for 11981 Highway 1

StatusActive
MLS #B26039778
Days on Market5
Taxes$1,694 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1993
Lot Size2.12 AC / 92,347 SF
CountyPalm Beach County

Location

Listing Courtesy of The Corcoran Group
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Building Information for 11981 Highway 1

Stories1Residences-Year Built1993Building Size-Lot Size2.12 AC / 92,347 SF

Payment Calculator

$24,808 per month

30 year fixed, 6.36% Interest

Principal and Interest

$24,666

Property Taxes

$141

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 11981 Highway 1

Summary
Location and General Information
  • Area: 5220
  • City and Location Text: Juno Ridge
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.852046
  • Information Available: Other Available Information, Photos
  • MLS Area: 5220
  • MLS Sub Area: PB28, Palm Bch 5200; 5210; 5220; 5230; 5240; 5250
  • State: FL
  • Street #: 11981
  • Subdivision Number Numeric: 9.0
  • Zoning: RM
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: 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)
  • Municipal Code: 00
  • Parcel ID: 00434204090000160
  • Tax Year: 2025
  • Total Assessed Value: $2,854,411.00
Parking
  • Parking: Free
Property
Lot Information
  • Acreage Description: 2 To Less Than 3 Acre Lot
  • Acres: 2.12
  • Approx Sqft Total Area: 7027
  • Num Buildings: 1
  • Sq Ft: 7027
  • Sq Ft Total: 7,027
  • Total Floors in Bldg: 1.00
  • Property Type: Commercial Sale, Multi Family
Property and Assessments
  • Avail Docs: Other Available Information, Photos
  • Construction Type: Multi Family, Aluminum, CBS
  • Document Count: 0
  • 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)
  • Type: Multi Family
  • Year Built Description: 1993
Utilities
  • Electric Service: Other
  • On Site Utilities: Electricity Connected
  • Separate Elec Meters: No
  • Separate Meter: No
  • Separate Wtr Meters: No
  • Sewer Description: Public Sewer
  • Utilities: Electricity Connected
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Construction: CBS
  • Guest Accommodations: No
  • Roof: Aluminum
  • Roof Description: Aluminum
  • Security Information: Closed Circuit Camera(s), Fire Alarm
  • Fencing: Back Yard, Fenced, Gate
Interior Features
  • Baths Total: 0
  • Building Includes: Building, Land
  • Column Description: CBS
  • Cooling: Central Air, Ductless, Heat Pump
  • Flooring: Wood
  • Heating: Heat Pump
  • Heating Description: Heat Pump
  • Num Stories: 1
  • Numof Units: 0
  • Stories: 1.0
Multi Family
Multi Family Information
  • Unit Count: 0
Income & Expenses
  • Exp Incl Pool Service: No
Rental
Rental Information
  • DXORIGMLNO: RML
  • Pets on Premises: No
  • Pets On Premises YN: No
  • Possession Information: Close Of Escrow

Property History for 11981 Highway 1

DateEvent & SourcePriceAppreciation
Jun 11, 2026

Listed (Active)

Beaches MLS #B26039778

$4,950,000
DateEvent & SourcePrice
06/11/2026

Listed (Active)

Beaches MLS #B26039778

$4,950,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 11981 Highway 1

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
The Conservatory School
PublicPK to 8

Howell L. Watkins Middle School
Public6 to 8

William T. Dwyer High School
Public9 to 12

Palm Beach Virtual Franchise
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

11981 Highway 1 is a multi-family home for sale in Juno Ridge, FL 33408. This property was listed for sale on June 11, 2026 by The Corcoran Group, it's currently listed at $4,950,000. This listing's school district is Palm Beach. Nearby schools include The Conservatory School, Howell L. Watkins Middle School and William T. Dwyer High School. 11981 Highway 1 is a 0-bed, 0-bath, 7,027 sqft multi-family home built in 1993.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Corcoran Group

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.