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Listed by The Corcoran Group
$11,800,000
Est. payment /mo
4.1 Baths
4,213 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,213 sqft
Price per Sqft $2,800
MLS Listing ID RX-11141760
Year Built 1925
Annual Tax Amount $41,659
Tax Year 2025
Lot Size 2,613 Sqft
Property Sub-Type Mixed Use
Property Description
255 Royal Poinciana Way is beautifully situated in civic heart of Palm Beach offering a rare combination of commercial & residential use in today's market. The 1st floor (2,000+ SF) is currently being leased as a retail store & 2nd floor (2,000+ SF) is a newly & fully renovated spectacular 4 BR with 4.1 BA residence nicely perched overlooking Royal Poinciana Way to the south & The Breakers Hotel to the east. Both spaces are fully leased at top rentals rates. With the growing demand for flexible spaces, this offering of commercial & private residential makes this property more appealing than ever with its high visibility, strong customer traffic, & proximity to The Royal, The Breakers Hotel & The White Elephant Hotel. An exceptional chance to secure a prime location in Palm Beach.
Location
Subdivision Floral Park
State FL
County Palm Beach
Area 5002
Zoning C-TS
Interior
Heating Central, Other
Cooling Central
Flooring Marble, Other, Wood Floor
Fireplaces Type Smoke Alarm
Exterior
Utilities Available Cable, Electric, Public Water
Roof Type Other
Building
Story 100.00
Foundation CBS
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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