516 Park Place
West Palm Beach, FL 33401
- – beds
- – baths
- 4,080 sqft
- $575 per sqft
- 1925 build
- – on site
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.
Last checked:
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Last updated Nov 9, 2024
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MLS# RX-11035230 —
The Building
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Year Built:1925
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SqFt Total:4283
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SqFt Source:Tax Rolls
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Separate Water Meters:No
Interior
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SqFt Living:4080
Financial & Terms
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Short Sale:No
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HOPA:No Hopa
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Price Per SqFt:$575.98
Location
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Area:5430
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Latitude:26.697672
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Longitude:-80.056565
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Geographic Area:PB20
The Property
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Parcel ID:74434328060020030
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Type:Quad Plex
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Zoning:SF14-C2--HIST. S
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (203) 219-4193
- Office phone:
- (305) 851-2820
Taxes
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Taxes:$21,960
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Tax Year:2023
The Listing
The Community
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Subdivision:FLAMINGO PARK IN
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Pets on Premises:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/7/24
Nov 7, 2024
|
Listed / Active | BMLS | $2,350,000 | 97.5% (55.1% / YR) |
|
2/1/23
Feb 1, 2023
|
BMLS | $1,190,000 | -11.9% | |
|
1/30/23
Jan 30, 2023
|
BMLS | $1,350,000 |
