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Sold

264 Seminole Avenue

264 Seminole Avenue, Palm Beach, FL 33480

$4,230,000

Fully Leased! Income generating from day 1. This 16 unit multifamily building is located in the center of town. The 16 units are spread out across 4 unique buildings. The units consist of a mix of studio, Jr 1 bedroom, and 1 bedroom apartments as well as a free standing cottage. The lot has 100' of frontage on Seminole Avenue and is 116' deep with 11,600 sqft. Zoned RC - ( 50-PALM BEACH). This property is steps from the beach, lake trail, Publix, shopping and dining at the Meat Market Restaurant and on Royal Poinciana Drive and Plaza.

6,460 Sq.Ft. LIVING AREA

0.266 Acres lot

Features & Amenities

Interior

  • Flooring Ceramic Tile, Laminate, Other, Wood

Area & Lot

  • Status Sold
  • Living Area6,460 Sq.Ft.
  • Lot Area0.266 Acres
  • MLS® IDR10627606
  • TypeMulti-Family
  • YEAR BUILT1922
  • View DescriptionGarden, Intercoastal

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesCable Available, Electricity Available, Sewer Available, Water Available
  • PoolNone
  • roofOther
  • lot featuresSprinklers Automatic
  • HEAT TYPEOther
  • AIR CONDITIONINGOther, Wall/Window Unit(s)
  • sewerPublic Sewer
  • SubstructureFrame
  • HOA AmenitiesNon-Gated
  • other exterior FeaturesBalcony, Patio, Balcony, Open, Patio

Financial

  • Sales Price$4,230,000
  • Real Estate Tax $72,442/yr

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