516 Park Place

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$2,350,000

516 Park Place

4,080 Sq.Ft.

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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.

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Location

516 Park Place, West Palm Beach, FL 33401

Status

For Sale

Megann Lucaj

TITLE

Principal Broker Associate

PHONE

(561) 702-0106

[email protected]

CONTACT AGENT

Property Amenities

Interior

Flooring Laminate, Tile, Vinyl

Area & Lot

Living area 4,080 Sq.Ft.

MLS® ID R11035230

Year Built 1925

View Description Garden,Water

Type Residential

Status For Sale

Exterior

Stories 2

Pool Fiberglass, None, Pool Equipment

Air conditioning Central Air

Heat type Zoned

Water Source Public

Sewer Public Sewer

Other Exterior Features Balcony, Deck, Fence, Porch, Patio

Lot Features 1/4 Acre

Roof Barrel, Flat, Tile

Utilities Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Finance

Sales Price $2,350,000

Real Estate Tax $21,960 yearly

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West Palm Beach

26.7153° N, 80.0534° W

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$2,350,000

516 Park Place

Description

Share Property

Location

Status

Megann Lucaj

Property Amenities

Interior

Area & Lot

Exterior

Finance

360 Virtual Tour

Take a tour of this property

Schedule a Showing

Schedule a Showing

Mortgage Calculator

West Palm Beach

Work With Megann

Get in Touch

Contact Details