445 Brazilian Avenue

Palm Beach, FL 33480

$13,950,000
Price
9,147 / 0.21
Lot Size / Acres

Description

Rare opportunity to own land or a commercial multi-family property in the heart of Palm Beach. Situated on a 9,000+ SF lot on the highly coveted 400 Block of Brazilian Ave. on the North Side of the street, this property offers exceptional flexibility: keep it as an income-generating, multi-family complex with 14 beautifully updated units (12 studio apartments and 2 one-bedroom apartments, all renovated between 2017 and 2021), or start fresh and build new in one of the most desirable locations in...Rare opportunity to own land or a commercial multi-family property in the heart of Palm Beach. Situated on a 9,000+ SF lot on the highly coveted 400 Block of Brazilian Ave. on the North Side of the street, this property offers exceptional flexibility: keep it as an income-generating, multi-family complex with 14 beautifully updated units (12 studio apartments and 2 one-bedroom apartments, all renovated between 2017 and 2021), or start fresh and build new in one of the most desirable locations in Palm Beach.
  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
View
Intracoastal
LISTING UPDATED: 01/07/2025 01:12 PM

Property Details for 445 Brazilian Avenue

StatusActive
MLS #RX-11048297
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeResidential Land/Boat Docks / Single Family Detached
Year Built1927
Lot Size0.21 AC
CountyPalm Beach County

Building

ROYAL PARK

2 StoriesBuilt in 1927

Building Information for 445 Brazilian Avenue

Building Size-Lot Size0.21 AC

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
  • Develop Status: Recorded Plat
  • Front Exp: South
  • HOA Amenities: None
  • Improvements: Home
  • Land Use: Multi-Family Med Den
  • Lot Description: < 1/4 Acre
  • Parcel ID: 50434323050010040
  • Property Group ID: 19990816212131825981000000
  • REO: No
  • Roads: City/County Maint.
  • Special Assessment: No
  • Trees: Other
  • Zoning: R-C(ci
  • Front Exposure: South
Property and Assessments
  • Legal Desc: ROYAL PARK ADD LTS 4 & 5 BLK 1
  • Min Lv SqFt Rstrct: $6,336.00
  • Legal Description: ROYAL PARK ADD LTS 4 & 5 BLK 1
Utilities
  • Utilities Avail: Cable, Electric, Gas, Public Water, Trash Removal
  • Utilities On Site: Cable, Electric, Gas, Public Water, Sewer
Interior and Exterior Features
Exterior Features
  • Ground Cover: Grassed, Other
Interior Features
  • Guest Accommodations: No

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.

Public Records for 445 Brazilian Avenue

Taxable ValueLand$3,150,000Additions$787,877Total$3,937,877
Tax Record2023$59,460 ($4,955 / month)
Home Facts
Total Finished SqFt6,336 SqFtAbove Grade Finished SqFt6,336 SqFtStories2Lot Size8,999 SqFtStyleMulti-Family Res (5+ Units)Year Built1927Year Renovated1990ZoningR-CCountyPALM BEACHAPN50-43-43-23-05-001-0040

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.

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445 Brazilian Avenue is a 0.21 ac of land for sale in Palm Beach, FL 33480. This property was listed for sale 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 8 days and was last sold on December 4, 2012. 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, 0.21 ac of land built in 1927 on a 9,147 sq. ft. / 0.21 acres lot.

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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.