The Palm Beach Hotel, 235 Sunrise Ave

$977K28.4%
$700,000
2
Beds
2
Baths
1,081
SqFt
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
1468 Days
Updated
74 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!!! A third-party investor underwriting company pulled a income report on our listing and the results are favorable for investment! You can view the report under the documents tab.

Features

Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
    Interior, Heating and Cooling
    • Interior Features: EntranceFoyer, TubShower, WalkInClosets
    • Heating Description: WallFurnace
    • Cooling Description: WallWindowUnits
    Building and Construction
    • Floor Description: Carpet
    • Year Built: 1925
    Waterfront and Water Access
    • Waterfront Frontage: No info
    School Information
      Other Property Info
      • Garage: No info
      • Listing Date: 2022-09-07T08:57:59.000-00:00
      • Directions: North
      • Pets Allowed: No
      Taxes, Fees & More
      • Taxes: 5767.41
      • Total Floors in Building: 4

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      Price History

      Current
      $700K
      High
      $977K
      Low
      $700K
      Total Change
      -28.4%
      $1M$839K$667KSep 22Oct 22Oct 22Dec 22Jan 23Jan 23Feb 23Mar 23May 23
      Date
      Event
      Price
      Change
      Price Per
      05/19/2023
      Sold
      $700K
      -5.41%
      $648 ft2
      $6,970 m2
      03/06/2023
      Price Reduced
      $740K
      -7.38%
      $685 ft2
      $7,369 m2
      02/05/2023
      Price Reduced
      $799K
      -5.67%
      $739 ft2
      $7,956 m2
      01/26/2023
      Price Reduced
      $847K
      -5.78%
      $784 ft2
      $8,434 m2
      01/16/2023
      Price Reduced
      $899K
      -2.81%
      $832 ft2
      $8,952 m2
      12/25/2022
      Price Reduced
      $925K
      -3.85%
      $856 ft2
      $9,211 m2
      10/26/2022
      Price Reduced
      $962K
      -0.52%
      $890 ft2
      $9,579 m2
      10/03/2022
      Price Reduced
      $967K
      -1.02%
      $895 ft2
      $9,629 m2
      09/15/2022
      Listed
      $977K
       
      $904 ft2
      $9,728 m2
      05/19/2023
      $700K
      Event
      Sold
      Change
      -5.41%
      Price Per
      $648 ft2
      $6,970 m2
      03/06/2023
      $740K
      Event
      Price Reduced
      Change
      -7.38%
      Price Per
      $685 ft2
      $7,369 m2
      02/05/2023
      $799K
      Event
      Price Reduced
      Change
      -5.67%
      Price Per
      $739 ft2
      $7,956 m2
      01/26/2023
      $847K
      Event
      Price Reduced
      Change
      -5.78%
      Price Per
      $784 ft2
      $8,434 m2
      01/16/2023
      $899K
      Event
      Price Reduced
      Change
      -2.81%
      Price Per
      $832 ft2
      $8,952 m2
      12/25/2022
      $925K
      Event
      Price Reduced
      Change
      -3.85%
      Price Per
      $856 ft2
      $9,211 m2
      10/26/2022
      $962K
      Event
      Price Reduced
      Change
      -0.52%
      Price Per
      $890 ft2
      $9,579 m2
      10/03/2022
      $967K
      Event
      Price Reduced
      Change
      -1.02%
      Price Per
      $895 ft2
      $9,629 m2
      09/15/2022
      $977K
      Event
      Listed
      Price Per
      $904 ft2
      $9,728 m2
      Price per square foot and days on website are not provided values and are calculated by Subdivisions.
      Listed by Maria Termotto-Horwitz • Keller Williams Realty/P B • Buyer Agency Compensation .

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      Scores

      Walk Score®
      Somewhat Walkable. Some errands can be accomplished on foot
      65

      100
      Bike Score®
      Very Bikeable. Biking is convenient for most trips
      74

      100
      Sound Score®
      Bearable noise
      76

      100
      Airport Score
      Close to airports. Noticeable airport activity
      0

      100
      Traffic Score
      Congested area. Frequent traffic delays
      30

      100
      Local Score
      Limited local amenities nearby
      0

      100
      Community Snapshot
      1 – 1 BR
      Bedrooms
      $475K – $599K
      Price Tier
      184 - 3,500
      SqFt Range
      1925
      Year Build
      4
      Total Floors

      Subdivision Amenities

      Bike Storage
      Clubhouse
      Elevators
      Fitness Center
      Laundry
      Library
      Management
      Parking
      Pool
      Recreation Facilities
      Sidewalks
      Trash

      Palm Beach
      Ultra Luxury
      Ultra Luxury Homes & Condos