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  3. 516 Park Place West Palm Beach, FL - 33401
  • MLS® #: RX-11035230
  • 516 Park Place
  • West Palm Beach, FL 33401
  • $2,350,000
  • 7 Beds, 7 Bath, 4,283 SqFt
  • Multi-Unit

516 Park Place (the ''Property'') offers an exceptional investment opportunity in West Palm Beach's Flamingo Park neighborhood, a prime location known for its historic charm and proximity to top dining, shopping, and cultural landmarks. This 4,283-square-foot, 4-unit Airbnb property is situated just blocks from the Intracoastal Waterway, providing a strategic location to attract both short-term vacationers and seasonal renters. Meticulously renovated, with nearly $1mm invested in preserving the property's historic features while updating to contemporary Palm Beach chic. New roofs, windows, electrical, HVAC, plumbing, luxury kitchens & bathrooms complement the stylish interiors. The outdoor areas, designed as a tropical oasis feature hot tubs & private sitting/dining areas.

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Essential Information

  • MLS® #RX-11035230
  • Price$2,350,000
  • CAD Dollar$3,270,096
  • UK Pound£1,772,027
  • Euro€2,088,765
  • HOA Fees0.00
  • Bedrooms7
  • Bathrooms7.00
  • Full Baths6
  • Half Baths1
  • Square Footage4,283
  • Year Built1925
  • TypeMulti-Unit
  • Sub-TypeQuad Plex
  • RestrictionsNone
  • StyleNo
  • StatusActive Under Contract

Community Information

  • Address516 Park Place
  • Area5430
  • SubdivisionFLAMINGO PARK IN
  • CityWest Palm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33401

Amenities

  • ViewCity, Garden
  • WaterfrontNone

Utilities

Cable, Public Sewer, Public Water, 3-Phase Electric, Gas Natural, Water Available

Pool

Equipment Included, Fiberglass, Spa

Interior

  • HeatingZoned
  • CoolingCentral Individual
  • # of Stories2

Exterior

  • Lot Description< 1/4 Acre
  • WindowsBlinds
  • RoofBarrel, Flat Tile

Exterior Features

Deck, Cabana, Covered Balcony, Covered Patio, Extra Building, Fence, Open Balcony, Open Patio, Outdoor Shower, Open Porch, Custom Lighting

Construction

Frame, Frame/Stucco, Hollow Tile

  • Office: Compass Florida Llc (pb)

Property Location

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516 Park Place on www.ww.jupiteroceanfrontcondos.us

Offered at the current list price of $2,350,000, this home for sale at 516 Park Place features 7 bedrooms and 7 bathrooms. This real estate listing is located in FLAMINGO PARK IN of West Palm Beach, FL 33401 and is approximately 4,283 square feet. 516 Park Place is listed under the MLS ID of RX-11035230 and has been available through www.ww.jupiteroceanfrontcondos.us for the West Palm Beach real estate market for 182 days.

Facts About West Palm Beach, FL

If you are looking for some vibrant nightlife in West Palm Beach then visit Dr. Feelgood's Rock Bar and Grill. This colorful nightclub was created by Motley Crue’s front man Vince Neil and is a exciting venue for those looking for some great West Palm Beach nightlife.

West Palm Beach is home to the Bel Air Historic District. It was built in the 20s and 30s and boast some of Palm Beach's most beautiful and historic architecture.

Raymond F. Kravis Center for the Performing Arts is the culture icon for the West Palm Beach Area. This 2000 plus seat venue hosts a treasure of Dance, Music and Dramatic performances each year.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2025 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2025 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on May 9th, 2025 at 10:53am CDT.