254 Atlantic Avenue, Palm Beach, FL 33480 — MLS photo

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254 Atlantic Avenue, Palm Beach, FL 33480

Active · SingleFamilyResidence

$13,495,000

254 Atlantic Avenue, Palm Beach, FL 33480

Beds
5
Baths
6
Living area
4,853 sq ft
$ / sq ft
$2,781/sq ft
Year built
1996
Lot size
10,000 sq ft
HOA fee
—
Annual tax
—

About this property

Best opportunity In-Town! Absolutely stunning, custom renovated 5-bedroom, 5. 1-bath modern Mediterranean pool home with abundant light reimagined for today's lifestyle. Fabulous for entertaining... Open floor plan, 11.5 ceilings, library/den reinvented into a wine/bar opening to the pool with rotating LED red wine display, wine cooler, two icemakers & second dishwasher. Spacious bedrooms, large walk-in closets and ensuite baths. Eat-in Chef's kitchen with Island & easy access to the pool and built-in outside grill. Laundry room with dual Miele washers/dryers. Features: elevator, roof, impact windows/doors, flooring (marble/tile), a new pool deck/surface, a two-car garage with a lift for the 3rd car, and room for your golf cart too. Priced at only $2,350 pr sq. foot. Must See!

Property location

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254 Atlantic Avenue, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
5
Bathrooms
6
Living area
4,853 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1996
Lot size
10,000 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
B26002511
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

-$51,950

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.5%
Gross yield
4.1%
Mortgage payment
$63,973/mo
Down payment
$3,373,750
Loan amount
$10,121,250
Annual NOI
$144,278

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