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Mizner Court 184 Sunset Ave 18 Unit Apartment Building For Sale Palm Beach, FL 33480
Executive Summary
CBRE as exclusive advisor, is pleased to present Sunset Ocean House, an impeccably restored 18-unit boutique multifamily property with 1,833 square feet of curated ground-floor retail, located in the heart of Palm Beach, Florida. Originally constructed in 1926, this Addison Mizner–style landmark has undergone a $7 million comprehensive renovation, blending its historic architectural charm with modern luxury finishes. Just steps from the Atlantic Ocean and Royal Poinciana Way, Sunset Ocean House offers residents and retailers an unparalleled Palm Beach lifestyle surrounded by world-class dining, shopping, and pristine beaches.
In a market defined by exceptionally limited rental housing and no new multifamily development, this property represents a generational investment opportunity in one of the most supply-constrained and prestigious submarkets in the United States.
In a market defined by exceptionally limited rental housing and no new multifamily development, this property represents a generational investment opportunity in one of the most supply-constrained and prestigious submarkets in the United States.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 18 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 14,086 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1926 |
| Zoning | CTS, Palm Beach, C-TS | ||
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 14,086 SF |
| No. Stories | 3 |
| Year Built | 1926 |
| Zoning | CTS, Palm Beach, C-TS |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- On-Site Retail
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | - | 435 - 476 |
| 2+2 | 5 | - | 962 |
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Property Taxes
| Parcel Number | 50-43-43-22-31-000-0810 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $12,152,688 |
Property Taxes
Parcel Number
50-43-43-22-31-000-0810
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$12,152,688
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Mizner Court | 184 Sunset Ave
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