Interior
- Bedrooms
- 0
- Bathrooms
- 0
- Living area
- 4,138 sq ft
- Flooring
- Other
- Cooling
- Other
- Heating
- Other
- Furnished
- Unfurnished
Active · SingleFamilyResidence
$6,000,000
250 Seminole Avenue, Palm Beach, FL 33480
- Beds
- 0
- Baths
- 0
- Living area
- 4,138 sq ft
- $ / sq ft
- $1,450/sq ft
- Year built
- 1925
- Lot size
- 5,663 sq ft
- HOA fee
- —
- Annual tax
- $40,517
About this property
Offered as-is; unique opportunity for R-C redevelopment on a great mid-town street. Can be combined with the adjacent property at 256 Seminole Ave for a double lot. Parcels are legally separated and can also be sold individually. 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 Directions250 Seminole Avenue, Palm Beach, FL 33480
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1925
- Stories
- 2
- Lot size
- 5,663 sq ft
- Construction
- Other
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Pets allowed
- No
- Annual tax
- $40,517
- Subdivision
- OCEAN PARK H W ROBBINS
- County
- Palm Beach
- Days on market
- 400
- MLS listing ID
- R11123959
- Listing status
- Active
Virtual tour
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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
-$13,766
- Cap rate
- 2.9%
- Net yield
- 2.9%
- Cash-on-cash return
- -9.8%
- Gross yield
- 4.8%
- Mortgage payment
- $28,443/mo
- Down payment
- $1,500,000
- Loan amount
- $4,500,000
- Annual NOI
- $176,121
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.