$4,600,000
For Sale
5392 sqft | #RX-10934869
Browse 119 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

SEASIDE ELEGANCE IN PALM BEACH SHORES: A RARE MULTIFAMILY GEM JUST STEPS FROM THE BEACH. Nestled in the heart of the coveted Palm Beach Shores, less than a block from pristine beach access, lies an unparalleled real estate opportunity that seamlessly blends luxury living with investment potential. Welcome to a multifamily residence, a hidden jewel offering not just a home but a lifestyle in one of Florida's most exclusive coastal communities.
This extraordinary property, spanning over 6,000 square feet with 5,500 square feet of living space, stands as a testament to architectural sophistication and beachside allure. Comprising four distinct units, each with its unique charm, the residence is a harmonious blend of style, comfort, and investment potential. The first unit welcomes you with a cozy studio, an ideal space for those seeking a tranquil retreat by the sea. Sunlight streams through ample windows, creating a bright and airy atmosphere that perfectly complements the coastal vibes of Palm Beach Shores.
Two expansive 3-bedroom, 2-bathroom units form the heart of this multifamily home. These well-appointed residences are meticulously designed to capture the essence of beachside luxury. Spacious living areas seamlessly flow into gourmet kitchens, creating an ideal setting for entertaining guests or enjoying quality family time. Private balconies offer breathtaking views of the surrounding area, inviting the serenity of the nearby ocean into the daily lives of the fortunate residents.
The crowning jewel of this property is a split-level 3-bedroom, 3.5-bathroom townhouse, epitomizing elegance and sophistication. With meticulous attention to detail, this residence boasts a layout that effortlessly combines form and function. From the sleek, modern kitchen to the luxurious en-suite bathrooms, every aspect of this townhouse reflects a commitment to quality and style. The split-level design adds a touch of uniqueness, creating a home that is both aesthetically pleasing and functionally practical.
Stepping outside, residents are greeted by a backyard oasis that elevates the concept of outdoor living. Towering trees line the private retreat, offering shade and privacy, while a sparkling pool and spa beckon for relaxation and recreation. Whether it's a refreshing swim on a warm afternoon or a soothing soak under the stars, this backyard sanctuary is a haven for those who appreciate the finer things in life.
Beyond the sheer luxury of this residence, the investment potential is undeniable. Palm Beach Shores, with its pristine beaches and exclusive atmosphere, has long been a sought-after destination. The demand for high-end, well-located properties remains robust, making this multifamily home not only a haven for its residents but also a lucrative investment opportunity.
As the sun sets over the Atlantic, casting a warm glow on the palm-fringed streets, the allure of this multifamily residence becomes undeniable. Whether you are seeking a private coastal retreat, a smart investment, or a combination of both, this property in Palm Beach Shores stands as an invitation to indulge in the finest aspects of Florida living. Seize the opportunity to make this multifamily gem your own and embark on a journey of seaside elegance in one of the most prestigious communities on the East Coast.

  • Interior Details
      • CoolingCeiling Fan, Central
  • Property Details
      • Lot FeaturesEast of US-1, < 1/4 Acre, Paved Road, Public Road, Sidewalks
      • Lot DescriptionEast of US-1, < 1/4 Acre, Paved Road, Public Road, Sidewalks
      • Exterior FeaturesAuto Sprinkler, Custom Lighting, Open Patio
      • Exterior MaterialsAuto Sprinkler, Custom Lighting, Open Patio
      • Pool FeaturesPrivate Pool
      • ViewPool
      • Stories2
      • Pool1
    • Measurements
      • Square Feet5392
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1956
    • Material information
      • RoofAluminum
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Electricity Connected, Gas Natural, Public Sewer, Public Water
  • Community and Neighborhood Details
      • SubdivisionPALM BEACH SHORES
    • Location
      • Middle SchoolJohn F. Kennedy Middle School
      • High SchoolWilliam T. Dwyer High School
      • CountyPalm Beach
      • ZoningDISTRI
  • Financial Details
      • Original List Price$4,995,000
      • Taxes Annual$14,902
    • HOA
      • Hoa1
  • Other
      • MLS #RX-10934869

Location

Risë V Siegrist | Re/Max DirectReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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