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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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