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The Palm Beach Hotel, 235 Sunrise Ave #Mz B, Palm Beach, FL 33480

740,000(-5.41% )
2Beds
2Baths
1,081SqFt

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Details

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Status:
Sold - May 19, 2023
Parking: No info
Size: 1,081 SqFt (100 m2)
Price: $648/SqFt ($6,970/m2)
Type: Condo
Built: 1925
HOA: $2,853/MO
MLS Number: R10830093
On Site: 1086 Days
Updated: 831 Days ago
Page Views: 0
Already, there's over $40,000 in rental profit on the books for april-june. The unit just appraised for $750k. 2 bedroom/2 bath/fully renovated. One of the most beautiful condos in the palm beach hotel. Spacious enough to live in full time or perfect for investors who want to gross over $100k per year on airbnb. Only available unit with central ac.included in the hoa is 24-hour front desk, water, electric, basic cable and wifi, trash removal, building insurance, and amenities, such as pool and gym. This historic property offers onsite laundry, bike storage, a serene covered lanai, and best of all: no rental restrictions for immediate income opportunities!!!
Features
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
    Interior, Heating and Cooling
    • Interior Features: EntranceFoyer, WalkInClosets
    • Equipment / Appliances: None
    • Heating Description: WallFurnace
    • Cooling Description: WallWindowUnits
    Building and Construction
    • Floor Description: Carpet,Tile
    • Year Built: 1925
    • Year Built Description: Resale
    Waterfront and Water Access
    • Waterfront Frontage: No info
    School Information
      Other Property Info
      • Garage: No info
      • Listing Date: 2022-09-07T07:57:59.000-00:00
      • Pets Allowed: No
      Taxes, Fees & More
      • Taxes: 5767
      • Total Floors in Building: 4

      Price History

      05/19/2023

      Date

      Sold

      Event

      $700K

      Price

      -5.41%

      Change Rate

      $648 ft2 / $6,970 m2

      Price Per

      03/06/2023

      Date

      Price Reduced

      Event

      $740K

      Price

      -7.38%

      Change Rate

      $685 ft2 / $7,369 m2

      Price Per

      02/05/2023

      Date

      Price Reduced

      Event

      $799K

      Price

      -5.67%

      Change Rate

      $739 ft2 / $7,956 m2

      Price Per

      01/26/2023

      Date

      Price Reduced

      Event

      $847K

      Price

      -5.78%

      Change Rate

      $784 ft2 / $8,434 m2

      Price Per

      01/16/2023

      Date

      Price Reduced

      Event

      $899K

      Price

      -2.81%

      Change Rate

      $832 ft2 / $8,952 m2

      Price Per

      12/25/2022

      Date

      Price Reduced

      Event

      $925K

      Price

      -3.85%

      Change Rate

      $856 ft2 / $9,211 m2

      Price Per

      10/26/2022

      Date

      Price Reduced

      Event

      $962K

      Price

      -0.52%

      Change Rate

      $890 ft2 / $9,579 m2

      Price Per

      10/03/2022

      Date

      Price Reduced

      Event

      $967K

      Price

      -1.02%

      Change Rate

      $895 ft2 / $9,629 m2

      Price Per

      09/15/2022

      Date

      Listed

      Event

      $977K

      Price

      $904 ft2 / $9,728 m2

      Price Per

      Price per square foot and days on website are not provided values and are calculated by Subdivisions.

      Listed by Maria Termotto-HorwitzKeller Williams Realty/P B • Buyer Agency Compensation .

      Instant Comps

      $500/ft²
      $900/ft²
      $1,300/ft²
      $1,800/ft²

      Unit #1102 – Asking

      $648/ft²

      (-61%) from Closed Medium $/ft²

      Closed Medium $/ft²

      $1,661/ft²
      Community $/Price Range (Closed) $1661/ft² – $1661/ft²
      No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
      THINKING OF SELLING IN The Palm Beach Hotel at Palm Beach?

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