445 Brazilian AVE new

Palm Beach,FL 33480

$ 13950000

- Bed

14 Baths

6336 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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