445 Brazilian Avenue

Palm Beach, FL 33480

$13,950,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare opportunity for an income-generating, multi-family complex in the heart of Palm Beach. This perfectly located building sits on a 9,000+ SF lot on the highly coveted 400 Block of Brazilian Ave. on the North Side of the street. With close proximity to world-class cultural institutions, restaurants, boating docks, beaches, and the Lake Trail, this highly desirable building includes 14 total units (12 studio apartments, 2 one-bedroom apartments) that have all been renovated between 2017 and 2021....Rare opportunity for an income-generating, multi-family complex in the heart of Palm Beach. This perfectly located building sits on a 9,000+ SF lot on the highly coveted 400 Block of Brazilian Ave. on the North Side of the street. With close proximity to world-class cultural institutions, restaurants, boating docks, beaches, and the Lake Trail, this highly desirable building includes 14 total units (12 studio apartments, 2 one-bedroom apartments) that have all been renovated between 2017 and 2021. With the ocean to the east and the Intracoastal to the west, this building gives tenants easy access to absolutely everything.
  1. Listed by Christopher Leavitt • Douglas Elliman
  2. Listed by Ashley D. McIntosh • Douglas Elliman

Property Details for 445 Brazilian Avenue

Subdivision
ROYAL PARK
Waterfront
No
LISTING UPDATED: 12/30/2024 08:45 PM

Property Details for 445 Brazilian Avenue

StatusActive
MLS #RX-11047799
Days on Market6
Rental Incentives-
Available Date-
Lease Term-
Furnished-
Compass TypeMulti Family
MLS TypeCommercial/Industry / MultiFamily (5+ Units)
Year Built1927
Lot Size-
CountyPalm Beach County

Building

ROYAL PARK

2 StoriesBuilt in 1927

Building Information for 445 Brazilian Avenue

Stories2Residences-Year Built1927Building Size-Lot Size-

Property Information for 445 Brazilian Avenue

Summary
Location and General Information
  • Geo Area: Palm Beach 5001; 5002; 5003; 5004
  • Street Number: 445
  • Subdivision Complex Bldg: ROYAL PARK
  • Municipal Code: Palm Beach
  • State: FL
  • City Postal ID: 33480
  • MLS Area: 5002
  • MLS Sub Area: PB30
Taxes and HOA Information
  • Tax Year: 2024
Property
Lot Information
  • Area: 5002
  • Parcel ID: 50434323050010040
  • Property Group ID: 19990816212135227274000000
  • Square Ft Source: Tax Rolls
  • Zoning: R-C(ci
Property and Assessments
  • Acres: 0.21
  • For Sale: No
  • Legal Desc: ROYAL PARK ADD LTS 4 & 5 BLK 1
  • Legal Description: ROYAL PARK ADD LTS 4 & 5 BLK 1
Utilities
  • Utilities: Electric, Gas Natural, Public Sewer, Public Water
Interior and Exterior Features
Interior Features
  • Roof: Flat Tile
  • Cooling: Other
  • Flooring: Tile, Wood Floor
  • Heating: Other
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Tenant Pays: Electric, Water

Property History for 445 Brazilian Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 445 Brazilian Avenue

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Palm Beach Public School
PublicPK to 5

Conniston Middle School
Public6 to 8

Forest Hill Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

445 Brazilian Avenue is available for rent in Palm Beach, FL 33480. This property was listed on December 30, 2024 by Douglas Elliman, it's currently listed at $13,950,000. It has been on the market for a total of 6 days and was last rented on December 2, 2008. This listing's school district is Palm Beach. Nearby schools include Palm Beach Public School, Conniston Middle School and Forest Hill Community High School. 445 Brazilian Avenue is a 0-bed, 0-bath, a property built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the owner. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.