516 Park PL new Save Request In-Person Tour Request Virtual Tour
West Palm Beach,FL 33401
Key Details
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Active
Purchase Type For Sale
Square Footage 4,080 sqft
Price per Sqft $575
Subdivision Flamingo Park In
MLS Listing ID RX-11035230
Bedrooms 7
Full Baths 6
Half Baths 1
Construction Status Resale
HOA Y/N No
Year Built 1925
Annual Tax Amount $21,960
Tax Year 2023
Property Description
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.
Location
State FL
County Palm Beach
Area 5430
Zoning SF14-C2--HIST. S
Interior
Heating Zoned
Cooling Central Individual
Flooring Laminate,Tile,Vinyl Floor
Exterior
Exterior Feature Cabana,Covered Balcony,Covered Patio,Custom Lighting,Deck,Extra Building,Fence,Open Balcony,Open Patio,Open Porch,Outdoor Shower
Pool Equipment Included,Fiberglass,Spa
Utilities Available Cable,Electric,Gas Natural,Public Sewer,Public Water,Water Available
Amenities Available Common Laundry,Internet Included,Sidewalks,Spa-Hot Tub,Whirlpool
Waterfront No
Waterfront Description None
View City,Garden
Roof Type Barrel,Flat Tile
Parking Type Open Parking,Space Parking
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2.0
Foundation Frame,Hollow Tile,Stucco
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional