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Listed by Douglas Elliman
$ 13,950,000
14 Baths
6,336 SqFt
$ 13,950,000
14 Baths
6,336 SqFt
Key Details
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Active
Purchase Type For Rent
Square Footage 6,336 sqft
Subdivision Royal Park
MLS Listing ID RX-11047799
Year Built 1927
Annual Tax Amount $59,459
Tax Year 2024
Lot Size 9,147 Sqft
Property Description
Rare opportunity to own land or a commercial multi-family property in the heart of Palm Beach. Situated on a 9,000+ SF lot on the highly coveted 400 Block of Brazilian Ave. on the North Side of the street, this property offers exceptional flexibility: keep it as an income-generating, multi-family complex with 14 beautifully updated units (12 studio apartments and 2 one-bedroom apartments, all renovated between 2017 and 2021), or start fresh and build new in one of the most desirable locations in Palm Beach.
Location
State FL
County Palm Beach
Area 5002
Zoning R-C(ci
Interior
Heating Other
Cooling Other
Flooring Tile, Wood Floor
Fireplaces Type Smoke Alarm, Smoke Detector, Sprinkler
Exterior
Utilities Available Electric, Gas Natural, Public Sewer, Public Water
Roof Type Flat Tile
Building
Story 90.00
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Tom Wolf Team
Broker-Associate, REALTOR® | Lic# 3007985