Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: 4,080 ft2/379.04 m2
- Price Per: $575.98 ft2/$6,199.80 m2
- Type: Multifamily
- Built: 1925
- HOA: No info
- MLS Number: RX-11035230
- View No info
- On Site: 13 days
- Updated: 13 Days Ago
- Page Views: 2
516 Park Place (the ''Property'') offers an exceptional investment opportunity in West Palm Beach's Flamingo Park neighborhood, a prime location known for its historic charm and proximity to top dining, shopping, and cultural landmarks. This 4,283-square-foot, 4-unit Airbnb property is situated just blocks from the Intracoastal Waterway, providing a strategic location to attract both short-term vacationers and seasonal renters. Meticulously renovated, with nearly $1mm invested in preserving the property's historic features while updating to contemporary Palm Beach chic. New roofs, windows, electrical, HVAC, plumbing, luxury kitchens & bathrooms complement the stylish interiors. The outdoor areas, designed as a tropical oasis feature hot tubs & private sitting/dining areas.
Contact AdvisorDevelopment Amenities
Development Amenities:
- Ball Field
- Basketball Court
- Bike And Jog Path
- Boating
- Cafe / Restaurant
- Dog Park
- Fitness Center
- Fitness Trail
- Park
- Picnic Area
- Playground
- Pool
- Shuffleboard
- Sidewalk
- Soccer Field
- Street Lights
- Tennis Court
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 11/07/2024 | Listed | $2,350,000.00 | $575.98 ft2/$6,199.80 m2 |
Features
Property Details for 516 Park, West Palm Beach, FL 33401
Flamingo Park, Multifamily current status is Active, 516 Park is a Multifamily in , West Palm Beach, FL 33401 with property MLS ID# RX-11035230.
This Multifamily has been listed on Best of Luxury Realty since November 08, 2024 and is currently priced at 2,350,000. This property was built in 1925.
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms: 0
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: Cabana, Covered Balcony, Covered Patio, Custom Lighting, Deck, Extra Building, Fence, Open Balcony, Open Patio, Open Porch, Outdoor Shower
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Zoned
- Cooling Description: No info
- Building and Construction
- Floor Description: Laminate, Tile, Vinyl Floor
- Windows/Treatment: No info
- Construction Type: Frame, Hollow Tile, Stucco
- Year Built: 1925
- Waterfront and Water Access
- Waterfront Property: Yes
- Waterfront Frontage: No info
- Waterfront Description: None
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Flamingo Park
- Subdivision Name: FLAMINGO PARK IN
- Property Type: Multifamily
- Property Subtype: Quad Plex
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 11/07/2024
- Restrictions: None
- Pets Allowed: No
- Area: 5430
- Brokered By: Compass Florida LLC (PB)
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $21,960.00 (2023)
Nearest Schools
Mortgage Calculator
Property Price:
$2,350,000.00
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Area Specialist
Buyer/Tenant EtiquetteAdbutler placeholder
Tracey Schmitt Office
Real Estate Advisors
Office: (561) 948-1657
Email: info@bestofluxuryrealty.com
This property is courtesy of the Compass Florida LLC (PB). This listing has been viewed 2 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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