Active
516 Park Place
West Palm Beach FL, 33401
$2,350,000
$575.98 per sqft
Active
4,080 sqft
Residential
Built in 1925
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.
R11035230
MLSⓇ ID
November 7, 2024
Listed
November 8, 2024
Updated
Map
516 Park Place
West Palm Beach FL, 33401
Interior Features
Total Stories
2
Floor Description
Laminate, Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Zoned
Exterior/Building Features
Exterior Features
Balcony, Deck, Fence, Porch, Patio
Lot Features
1/4 Acre
Roof
Barrel, Flat, Tile
Sewer
Public Sewer
Other Property Details
Area Name
5430
Taxes
$21,960
Tax Frequency
Annually
Days on Market
1
Garage
No
View
Yes
View Description
Garden, Water
County
Palm Beach
Water Source
Public
Pool
No
Pool Features
Fiberglass, None, Pool Equipment
Listed by: Compass Florida LLC (PB)
Listing Contact:
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Data last updated 3:44 PM UTC, 11/8/2024