Flamingo Park In For Sale
516 Park Place, West Palm Beach, FL 33401

$2,350,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:R11035230
  • Virtual Tour: YES
  • List Price: $2,350,000
  • Living Area: 4080 Ft² / 379 M²
  • Price Per Foot/Meter: $576 / $6,200
  • Taxes:$21,960
  • Year Built:1925
  • Listing Date:November 7, 2024
  • Days On Market:18
  • Total Units:4

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.

Features


  • Floor:Laminate, Tile, Vinyl
  • Exterior Feature:Balcony, Deck, Fence, Porch, Patio

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker