Basic Information

  • MLS # RX-11035230
  • Type Condominiums
  • Status Active
  • Subdivision/Complex Flamingo Park In
  • Year Built 1925
  • Total Sqft 4,080
  • Date Listed 11/07/2024
  • Days on Market 172
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 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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • View Garden, Water
  • Construction Type Frame
  • Parking Description
  • Exterior Features Balcony, Deck, Fence, Porch, Patio
  • Roof Description Barrel, Flat, Tile

Interior Features

  • Adjusted Sqft 4,080Sq.Ft
  • Cooling Description Central Air
  • Floor Description Laminate, Tile, Vinyl
  • Heating Description Zoned
  • Sqft 4,080 Sq.Ft

Property Features

  • Address 516 Park Place
  • Aprox. Lot Size 4,283
  • City West Palm Beach
  • Community Features Non Gated
  • Construction Materials Frame
  • County Palm Beach
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash, Conventional
  • Lot Description Less Than Quarter Acre
  • Lot Features Less Than Quarter Acre
  • Patio And Porch Features Balcony, Deck, Open, Patio, Porch
  • Pool Features Fiberglass, None, Pool Equipment
  • Possession Closing And Funding, Close Of Escrow
  • Postal City West Palm Beach
  • Public Survey Section Two
  • Roof Barrel, Flat, Tile
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 2
  • HOA Fees N/A
  • Subdivision Complex Flamingo Park In
  • Subdivision Info Flamingo Park In
  • Tax Amount $21,960
  • Tax Information F L A M I N G O P A R K L T3 B L K2
  • Tax Year 2023
  • Terms Considered Cash, Conventional
  • View Garden, Water
  • Window Features Blinds

516 Park Pl

West Palm Beach, FL 33401

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida LLC (PB). tel: 305 851-2820

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