Price Reduction
264 Seminole Avenue Palm Beach, FL
$ 4,000,000
Property Attributes
  • MLS#RX-10627606
  • TypeMulti-Family
  • CountyPALM BEACH
  • CityPalm Beach
  • Area5002
  • NeighborhoodOcean Park H W Robbins
  • Zip33480
  • StyleQuad Plex
  • Year Built1922
  • Taxes72441
  • Price$ 4,000,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage6460
  • Lot Size11,600 SqFt
Listing Provided Courtesy Of:
Compass Florida LLC
Property Description

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.

Price History
6/3/2020 Listed $4,350,000
9/30/2020 9% - $4,000,000

General Features

Adult 55+ No Hopa
Area 5002
Auction No
Construction Frame, Stucco
Cooling Other, Wall-Win A/C
Exterior Features Auto Sprinkler, Custom Lighting, Exterior W/D Hookup, Open Balcony, Open Patio
Flooring Ceramic Tile, Laminate, Other, Wood Floor
Geo Area PB30
Geo Lat 26.721811
Geo Lon -80.040581
HOA None
HOA/POA/COA (Monthly) 0.00
Heating Other
Legal Description OCEAN PARK, H W ROBBINS ADD LTS 17 & 18 BLK 4
Maintenance Fee Incl None
Possession At Closing
Property Type B
Restrict Buyer Approval
Roof Mixed, Other
Short Sale No
Source Of Expenses Owner
Special Info Sold As-Is, Survey
Status Active
Stories 2.0
Tax Year 2019
Taxes 72441.60
Tenant Pays Cable, Electric
Terms Considered Cash, Conventional
Type Quad Plex
View Garden, Intracoastal
Virtual Tour
Year Built 1922
Zoning R-C(ci

Interior Features

SqFt - Living 6460.00
Total # Of Units 16
Unit 1 Desc A/C Unit
Unit 1 Info Efficiency
Unit 2 Desc A/C Unit
Unit 2 Info Efficiency
Unit 3 Desc A/C Unit
Unit 3 Info Efficiency
Unit 4 Desc A/C Unit
Unit 4 Info Efficiency
Utilities Cable, Electric, Public Sewer, Public Water

Exterior Features

Carport Spaces 0.00
Lot Description 1/4 to 1/2 Acre, East of US-1, Public Road, Sidewalks
Lot Dimensions 100.0 ft x 116.0 ft
Private Pool Y/N No
Subdiv Amenities Bike - Jog, Bike Storage, Boating, Sidewalks, Street Lights, Tennis
Unit 1 Parking Open Parking
Unit 2 Parking Open Parking
Unit 3 Parking Open Parking
Unit 4 Parking Open Parking
Waterfront None


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33480

AVG $2.98M
AVG $42,575
AVG 177
Year Built
AVG 1922
AVG 55
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.