Interior
- Bedrooms
- 16
- Bathrooms
- 16
- Living area
- 6,864 sq ft
Active · SingleFamilyResidence
$12,000,000
264 Seminole Avenue, Palm Beach, FL 33480
- Beds
- 16
- Baths
- 16
- Living area
- 6,864 sq ft
- $ / sq ft
- $1,748/sq ft
- Year built
- 1922
- Lot size
- 11,600 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Offered as-is; unique opportunity for R-C double lot (11,600 SF lot) redevelopment on a great mid-town street. Ability to purchase all 4 lots on the street: 219, 250, 256, & 264 Seminole. Incredible redevelopment potential 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
Get Directions264 Seminole Avenue, Palm Beach, FL 33480
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1922
- Lot size
- 11,600 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Palm Beach
- MLS listing ID
- R11121017
- 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
-$42,067
- Cap rate
- 1.5%
- Net yield
- 1.5%
- Cash-on-cash return
- -15.0%
- Gross yield
- 4.5%
- Mortgage payment
- $56,886/mo
- Down payment
- $3,000,000
- Loan amount
- $9,000,000
- Annual NOI
- $177,834
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.