445 Brazilian Avenue, Palm Beach, FL

$13,950,000

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6,336

Square feet

0.21

Acres

About 445 Brazilian Avenue

Rare opportunity to own land or a commercial multi-family property in the heart of Palm Beach. Situated on a 9,000+ SF lot on the highly coveted 400 Block of Brazilian Ave. on the North Side of the street, this property offers exceptional flexibility: keep it as an income-generating, multi-family complex with 14 beautifully updated units (12 studio apartments and 2 one-bedroom apartments, all renovated between 2017 and 2021), or start fresh and build new in one of the most desirable locations in Palm Beach.Centrally located around world-class cultural institutions, renowned restaurants, boating docks, pristine beaches, and the iconic Lake Trail, this property enjoys an unmatched location. With the ocean to the east and the Intracoastal to the west, it offers unparalleled access to everything tenants or future owners could desire. Don't miss this rare opportunity to invest, develop, or reimagine in the heart of Palm Beach!

Commercial property for sale in Palm Beach, FL at 445 Brazilian Avenue. This Commercial property is priced at $2,202/sqft

Features of 445 Brazilian Avenue

MLS® # RX-11047799
Price $13,950,000
Square Footage 6,336
Acres 0.21
Year Built 1927
Type Commercial
Sub-Type Income
Style Resident. Multi-Fam.
Status New

Community Information: Palm Beach

Address 445 Brazilian Avenue
Area 5002
Subdivision ROYAL PARK
City Palm Beach
County Palm Beach
State FL
Zip Code 33480

Amenities of 445 Brazilian Avenue

Utilities 3-Phase Electric, Public Sewer, Public Water, Gas Natural
Is Waterfront No

Interior of 445 Brazilian Avenue

Appliances Building and Land
Heating Other
Cooling Other
# of Stories 2

Exterior of 445 Brazilian Avenue

Lot Description Multi-Family
Roof Flat Tile

Additional Information On 445 Brazilian Avenue

Listing Courtesy of Douglas Elliman
Date Listed December 30th, 2024
Zoning R-C(ci
RE / Bank Owned No

Listing Details

OfficeDouglas Elliman

Listing Map

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