516 Park Place, West Palm Beach, FL 33401

$2,200,000
7
BA
4,080
SqFt

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Sold Price
$2,200,000
List Price
$2,350,000
Status
CLOSED
Days on Market
176
Closing Date
Jun 30, 2025
MLS#
R11035230
Subtype
Residential Income
Year Built
1925
Bathrooms
7
Living Area
4,080
Subdivision
Flamingo Park In
MLS Area Major
5430

Property Description

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.

Additional Information

Amenities
Spa/Hot Tub, Sidewalks
Exterior Features
Balcony, Lighting, Outdoor Living Area, Outdoor Shower
Taxes
$21,960
Flooring
Laminate, Tile, Vinyl
Heating
Zoned
Air Conditioning
Central Air
Exterior Construction
Frame, Hollow Tile, Stucco
Stories
2
Levels
Two
Roof
Barrel, Flat
View
City, Garden

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of One Sotheby's International Re. Contact:

Selling Office: Touchstone-Webb Realty Co..

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Christopher B Scott | Email: