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.
Property Details
Price:
$2,350,000
MLS #:
RX-11035230
Status:
Active
Baths:
0
Address:
516 Park Place
Type:
Residential Income
Subtype:
Quad Plex
Subdivision:
FLAMINGO PARK IN
City:
West Palm Beach
Listed Date:
Nov 7, 2024
State:
FL
Finished Sq Ft:
4,283
ZIP:
33401
Year Built:
1925
See this Listing
Cynthia Nalley is Co-Broker of Acquire Palm Beach and manages the business operations in addition to real estate transactions. She is a Project Management Professional (PMP) who has created technology systems and managed complex projects for SunTrust, Citibank, JP Morgan Chase, and many more. Cynthia is a longtime Downtown West Palm Beach resident and advocate. She serves on the WPB Downtown Development Authority Board of Directors and is Vice President of the WPB Downtown Neighborhood Associa…
More About CynthiaMortgage Calculator
Schools
Interior
Cooling
Central Individual
Flooring
Laminate, Tile, Vinyl Floor
Heating
Zoned
Window Treatments
Blinds
Exterior
Construction
Frame, Hollow Tile, Stucco
Exterior Features
Cabana, Covered Balcony, Covered Patio, Custom Lighting, Deck, Extra Building, Fence, Open Balcony, Open Patio, Open Porch, Outdoor Shower
Homeowners Assoc
None
Lot Description
< 1/4 Acre
Private Pool
Equipment Included, Fiberglass, Spa
Roof
Barrel, Flat Tile
View
City, Garden
Waterfront Details
None
Financial
Taxes
$0
Utilities
Cable, Electric, Gas Natural, Public Sewer, Public Water, Water Available
Map
Community
- Address516 Park Place West Palm Beach FL
- SubdivisionFLAMINGO PARK IN
- CityWest Palm Beach
- CountyPalm Beach
- Zip Code33401
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Listing courtesy of Compass Florida LLC (PB), (305)–851–2820
© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-21.
© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-21.
516 Park Place
West Palm Beach, FL
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