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Listed by Douglas Elliman
$ 13,950,000
New
445 Brazilian AVE Palm Beach, FL 33480
14 Baths
6,336 SqFt
UPDATED:
12/31/2024 01:45 AM
Key Details
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Active
Purchase Type For Rent
Square Footage 6,336 sqft
Subdivision Royal Park
MLS Listing ID RX-11047799
Year Built 1927
Annual Tax Amount $59,459
Tax Year 2024
Lot Size 9,147 Sqft
Property Description
Rare opportunity for an income-generating, multi-family complex in the heart of Palm Beach. This perfectly located building sits on a 9,000+ SF lot on the highly coveted 400 Block of Brazilian Ave. on the North Side of the street. With close proximity to world-class cultural institutions, restaurants, boating docks, beaches, and the Lake Trail, this highly desirable building includes 14 total units (12 studio apartments, 2 one-bedroom apartments) that have all been renovated between 2017 and 2021. With the ocean to the east and the Intracoastal to the west, this building gives tenants easy access to absolutely everything.
Location
State FL
County Palm Beach
Area 5002
Zoning R-C(ci
Interior
Heating Other
Cooling Other
Flooring Tile, Wood Floor
Fireplaces Type Smoke Alarm, Smoke Detector, Sprinkler
Exterior
Utilities Available Electric, Gas Natural, Public Sewer, Public Water
Roof Type Flat Tile
Building
Story 90.00
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash