- MLS® #: RX-11035230
- 516 Park Place
- West Palm Beach, FL 33401
- $2,350,000
- 7 Beds, 7 Bath, 4,283 SqFt
- Multi-Unit
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.
View Virtual TourEssential Information
- MLS® #RX-11035230
- Price$2,350,000
- Bedrooms7
- Bathrooms7.00
- Full Baths6
- Half Baths1
- Square Footage4,283
- Year Built1925
- TypeMulti-Unit
- Sub-TypeQuad Plex
- StyleNo
- StatusActive
Community Information
- Address516 Park Place
- Area5430
- SubdivisionFLAMINGO PARK IN
- CityWest Palm Beach
- CountyPalm Beach
- StateFL
- Zip Code33401
Amenities
- ViewGarden, City
- WaterfrontNone
Utilities
Cable, 3-Phase Electric, Public Sewer, Public Water, Gas Natural, Water Available
Pool
Equipment Included, Fiberglass, Spa
Interior
- HeatingZoned
- CoolingCentral Individual
- # of Stories2
Exterior
- Lot Description< 1/4 Acre
- WindowsBlinds
- RoofBarrel, Flat Tile
Exterior Features
Covered Patio, Extra Building, Fence, Open Patio, Open Porch, Cabana, Covered Balcony, Deck, Open Balcony, Outdoor Shower, Custom Lighting
Construction
Frame/Stucco, Frame, Hollow Tile
Additional Information
- Date ListedNovember 8th, 2024
- Days on Website20
- ZoningSF14-C2--HIST. S
- Office: Compass Florida Llc (pb)
Property Location
516 Park Place on www.jupiterabacoahomes.us
Offered at the current list price of $2,350,000, this home for sale at 516 Park Place features 7 bedrooms and 7 bathrooms. This real estate listing is located in FLAMINGO PARK IN of West Palm Beach, FL 33401 and is approximately 4,283 square feet. 516 Park Place is listed under the MLS ID of RX-11035230 and has been available through www.jupiterabacoahomes.us for the West Palm Beach real estate market for 20 days.Facts About West Palm Beach, FL
Raymond F. Kravis Center for the Performing Arts is the culture icon for the West Palm Beach Area. This 2000 plus seat venue hosts a treasure of Dance, Music and Dramatic performances each year.
One of West Palm Beach's favorite venues for a cold drink and some nice South Florida relaxation is E.R. Bradley's Saloon. This open air restaurant is a frequent stop for both locals and tourists.
West Palm Beach is home to the Bel Air Historic District. It was built in the 20s and 30s and boast some of Palm Beach's most beautiful and historic architecture.
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© 2024 Beaches Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on November 28th, 2024 at 8:30am CST.