219 Seminole Avenue, Palm Beach, FL 33480 — MLS photo

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219 Seminole Avenue, Palm Beach, FL 33480

Active · SingleFamilyResidence

$6,000,000

219 Seminole Avenue, Palm Beach, FL 33480

Beds
5
Baths
4
Living area
2,995 sq ft
$ / sq ft
$2,003/sq ft
Year built
1922
Lot size
5,907 sq ft
HOA fee
—
Annual tax
$44,065

About this property

Offered as-is; unique opportunity for R-C redevelopment on a great mid-town street. Lot size is 5,907 SF. Can be purchased individually or ability to purchase all 4 lots on the street: 219, 250, 256, & 264 Seminole. Incredible redevelopment play with close proximity to the beach, bike trail, places of worship, restaurants, shopping, The Breakers, and convenient access on/off the north bridge.

Property location

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219 Seminole Avenue, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
5
Bathrooms
4
Living area
2,995 sq ft
Flooring
Other
Cooling
Other
Heating
Other
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1922
Stories
2
Lot size
5,907 sq ft
Construction
Other
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Pets allowed
No
Annual tax
$44,065
Subdivision
OCEAN PARK H W ROBBINS ADD
County
Palm Beach
Days on market
438
MLS listing ID
R11114168
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$15,913

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.4%
Gross yield
4.4%
Mortgage payment
$28,443/mo
Down payment
$1,500,000
Loan amount
$4,500,000
Annual NOI
$150,358

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.