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.
4,080 Sq Ft
Investment
$21,960 Annual Tax
Built in 1925
MLS/Listing ID RX-11035230
2 Stories
4 Units
Patio
Open
Deck
Community - Non Gated
Construction - Frame
Fence
Balcony
Pool - Equipment
Pool - Fiberglass
Flat
Tile
Garden View
Water View
Blinds
Vinyl
Laminate
Heating - Zoned
Porch
Listing Courtesy of COMPASS FLORIDA LLC (PB), CHRIS SCOTT - 203-219-4193
Source of Data: BEACHESMLS