$1,299,000
Estimated Payment$6,135/mo
Multi-Family For Sale

516 Park Place, West Palm Beach, FL 33401

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3,808Sq. Ft.
2-Story Multi-Family Home In Flamingo Park

Four Plex - Superb Investment Opportunity in the Heart of Downtown West Palm Beach. Beautiful Historic Property with 2 Separate Buildings Surrounding a Central Courtyard. Front Building = 2 x 2 Bed / 1 Bath Units with Bonus Florida Room - (each approx 1200 Sqft)Rear Building = 1 x 2 Bed / 1 Bath Unit (approx 700 sqft) and 1 x 1 Bed / 1 Bath Unit (approx 700 sqft).Each Unit is Separately Metered - Laundry Room Is On Site.

516 Park Place is a multi family-home located in Palm Beach, the 33401 ZIP Code, and the Palm Beach Public School, Conniston Community Middle School, and Forest Hill Community High School attendance zones.

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516 Park Place
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Location
516 Park Place West Palm Beach, FL 33401
Home Details

Listing Details

General

  • Total Number of Units: 4

    Interior Details

    Utilities

    • Cooling Details: Wall Win A C
    • Utilities: Cable, Public Sewer, Public Water
    • Heating Details: Other

    General

    • Flooring: Carpet, Tile, Wood Floor

      Rooms

      • Rooms: 4

        Financial Details

        Tax Details

        • Zoning: SF14 ci
        • Annual Tax Amount: 10475

        Property Details

        Construction Details

        • Roof: Mansard, Tar Gravel
        • Construction Materials: Frame, Stucco

        General

        • Lot Features: 1 4 Acre
        • Stories: 2

        MLS Details

        General

        • Days on Homes.com: 77
        • MLS Number: RX-10801576
        • Listed: 6/2/2022
        • Last Updated: 8/17/2022
        • Offered By: Douglas Elliman (Palm Beach)
        • Listing Source: Beachesmls
        Monthly Payment Calculator

        $6,135

        Estimated Mortgage
        Principal & Interest
        $4,381
        Insurance
        $455
        Taxes
        $1,299
        Mortgage Insurance
        $0
        i
        Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
        i
        If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
        Nearby Schools
        School data provided by GreatSchools
        i
        The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
        Points of Interest

        Airports

        Distance
        • Palm Beach International
          4.1 mi

        Colleges

        Distance
        • Palm Beach Atlantic University
          0.7 mi
        • Palm Beach State College
          8.4 mi

        Parks and Recreation

        Distance
        • Four Arts Gardens
          1.5 mi
        • Palm Beach Zoo at Dreher Park
          3.0 mi

        Shopping Centers

        Distance
        • Warehouse District
          0.6 mi
        • Belmart Plaza
          0.9 mi
        • 319 Belvedere Plaza
          0.7 mi
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        Listing Agent
        Paul Bergman
        Douglas Elliman (Palm Beach)
        West Palm Beach, FL
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        $1,299,000

        3,808 Sq. Ft.

        516 Park Place

        West Palm Beach, FL 33401

        Paul Bergman
        Douglas Elliman (Palm Beach)