445 Brazilian Avenue
Palm Beach, FL 33480
#RX-11048297
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. Centrally located around world-class cultural institutions, renowned restaurants, boating docks, pristine beaches, and the iconic Lake Trail, this property enjoys an unmatched location. With the ocean to the east and the Intracoastal to the west, it offers unparalleled access to everything tenants or future owners could desire. Don't miss this rare opportunity to invest, develop, or reimagine in the heart of Palm Beach!
Property Details
- Property SubtypeSingle Family Detached
- ViewIntracoastal
- Original List Price$13,950,000
- MLS #RX-11048297
- MLS #RX-11048297
- Lot Features< 1/4 Acre
- Lot Description< 1/4 Acre
- SubdivisionRoyal Park
- CountyPalm Beach
- Property TypePurchase
- Cost13950000
- Taxes Annual$65,780
- ZoningR-C(ci
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Christopher Leavitt (#3232586)
Listing Office: Douglas Elliman (#pb802465)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
