Active
445 Brazilian Avenue
Palm Beach FL, 33480
$13,950,000
$1,524.92 per sqft
Active
0.21 Acres
Land
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!
25-3
MLSⓇ ID
January 2, 2025
Listed
January 16, 2025
Updated
Map
445 Brazilian Avenue
Palm Beach FL, 33480
Exterior/Building Features
Lot Size
0.21 Acres
Lot Features
Up To 10, 889 SF
Other Property Details
Area Name
02 - Worth Ave North to Wells Rd
Taxes
$59,460
Tax Frequency
Annually
Garage
No
View
No
County
Palm Beach
Water Source
City Water at Site, Sewer at Site
Pool
No
Waterfront
Yes
Zoning
R-C - Medium Density Residential
Listed by CHRIS C LEAVITT with Douglas Elliman
Listing Contact: [email protected]
The IDX display contains information sourced from the Palm Beach Board of REALTORS® as of 1/16/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 1/16/2025 at 2:38 PM UTC