516 Park Place
$2,350,000
—
4,080
4,080
$576
Listed By Compass
New
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...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.
Listing Agent
Property Details for 516 Park Place
Subdivision
FLAMINGO PARK IN
WaterfrontNo
Waterfront DetailsNone
ViewCity, Garden
StyleNo Pool/No Water
LISTING UPDATED: 11/08/2024 03:08 AM
Property Details for 516 Park Place
Status | Active |
---|---|
MLS # | RX-11035230 |
Days on Market | 1 |
Taxes | $21,960 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quad Plex |
Year Built | 1925 |
Lot Size | - |
County | Palm Beach County |
Building
Building Information for 516 Park Place
Stories2Residences-Year Built1925Building Size-Lot Size-
Property Information for 516 Park Place
Property History for 516 Park Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 516 Park Place
Taxable ValueLand$543,600Additions$541,034Total$1,084,634
Tax Record2023$23,158 ($1,930 / month)
Home Facts
Baths4Total Finished SqFt2,672 SqFtAbove Grade Finished SqFt2,672 SqFtStories2Lot Size6,290 SqFtStyleDuplexYear Built1925Year Renovated1990ZoningSF14-C2CountyPALM BEACHAPN74-43-43-28-06-002-0030
Schools near 516 Park Place
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 | ||
Alexander W Dreyfoos Junior School Of The Arts 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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