Multifamily in West Palm Beach, FL 33401Flamingo Park, 516 Park Pl #1
Closed
$2,200,000
Beds
4,080
SqFt$539
$/SqFtHigh-End MultifamilyProperty Type
1925Year Built
$539/SqFtPrice per sq ft
City,GardenView
BalconyExterior Features
516 Park Place (the ''Property'') offers an exceptional investment opportunity in West Palm Beach's Flamingo Park neighborhood, a prime location known for its historic charm and proximity to top dining, shopping, and cultural landmarks. This 4,283-square-foot, 4-unit Airbnb property is situated just blocks from the Intracoastal Waterway, providing a strategic location to attract both short-term vacationers and seasonal renters. Meticulously renovated, with nearly $1mm invested in preserving the property's historic features while updating to contemporary Palm Beach chic. New roofs, windows, electrical, HVAC, plumbing, luxury kitchens & bathrooms complement the stylish interiors. The outdoor areas, designed as a tropical oasis feature hot tubs & private sitting/dining areas.
Listing Courtesy Of: Compass Florida LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 721 DaysUpdated: 48 Days agoPage Views: 0
Features
MLS Number: R11035230
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Balcony, Lighting, OutdoorLivingArea, OutdoorShower
- View: City,Garden
Interior, Heating and Cooling
- Heating Description: Zoned
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Laminate,Tile,Vinyl
- Windows/Treatment: Blinds
- Construction Type: House
- Year Built: 1925
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-11-07T21:49:15.000-00:00
Taxes, Fees & More
- Maintenance Includes: Internet
- Taxes: 21960
- Total Units in Building: 4
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
01/10/2026
Listed
$2.2M
 $539 ft2
$5,804 m2
01/10/2026
$2.2M
Event
Listed
Price Per
$539 ft2
$5,804 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Christopher Scott • Compass Florida LLC • Buyer Agency Compensation .
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Community Snapshot
2 – 5 BR
Bedrooms
$985K – $3M
Price Tier
672 - 4,080
SqFt Range
1928
Year Build
1
Total Floors
Subdivision Amenities
Dog Park
None
Park
Playground
Sidewalks
Sports Fields
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