$2,350,000
516 Park Place, West Palm Beach, FL 33401
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.
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Pool: Fiberglass, None, Pool Equipment
Roof: Barrel, Flat, Tile
Lot Features: 1/4 Acre
Heat Type: Zoned
Air Conditioning: Central Air
Sewer: Public Sewer
Other Exterior Features: Balcony, Deck, Fence, Porch, Patio
Financial
Sales Price: $2,350,000
Real Estate Tax: $21,960/yr
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516 Park Place
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There are only a handful of realtors who can knowledgeably sell both residential and commercial properties from Miami to Jupiter. Chris is one of them.
