Search

220 Arabian Road, Palm Beach, FL 33480

$6,750,000
Property Type: Residential Bedrooms: 3 Baths: 3.1 Square Footage: 2,461 Status: Closed
Current Price: $6,750,000 Last Modified: 1/29/2024

Description

Situated at the north end of Palm Beach, this property is a rare-find investment opportunity with nearby Intracoastal and direct beach access. Resting on a large 11,200 SQ FT lot and priced at land value, the structure features a brand-new roof and a completely gutted interior, with a massive block-paved driveway and large back yard with a hardscaped dining or lounge area, pool, and lawn. The current state of this listing gives buyers the opportunity (and flexibility) to renovate the existing house or build new. Located on the preferred south side of Arabian Road, this property is an uncommon and unique prospect that guarantees a bang for the buck and has the potential to yield a high return.

More Information MLS# RX-10807391

Contract Information

Auction: No List Price/SqFt: 2834.21 Listing Date: 2022-06-10 Status: Closed Original List Price: 6975000 Sold Price: $6,750,000 Current Price: $6,750,000

General Property Description

Governing Bodies: None Main Level Bedrooms: 1 Main Level Bathrooms: 1 Property Condition: Resale Lot Dimensions: 86.0 ft x 130.0 ft SqFt - Total: 2475 Waterfront: No SqFt Source: Tax Rolls Gated Community: No Covered Spaces: 0 Homeowners Assoc: None Pets Allowed: Yes Pets on Premises: No Front Exp: North Association Deposit: No Directions: Take Cocoanut Row to Royal Poinciana Way Continue on Royal Poinciana Way to N County Rd Follow N County Rd and N Ocean Blvd to Arabian Rd Membership Fee Required: No Capital Contribution: No Private Pool: Yes Type: Single Family Detached Total Bedrooms: 3 Baths - Full: 3 Baths - Half: 1 Baths - Total: 3.1 Year Built: 1950 SqFt - Living: 2461 Subdivision: BOCA RATONE COLET Legal Desc: BOCA RATONE CO INLET SUB E 57 FT OF LT 77 & W 29 FT OF LT 78 Lot SqFt: 11216 Total Floors/Stories: 1

Location, Tax & Legal

Geo Area: PB30 State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2021 Zoning: R-B(ci Short Sale A/U: N/A Elementary School: Palm Beach Public Short Sale Addendum: No Taxes: 42278.2 Middle School: Conniston Middle School Special Assessment: No High School: Palm Beach Lakes High School REO: No Area: 5001 County: Palm Beach Parcel ID: 50434234020000772 Street #: 220 Street Name: Arabian Street Suffix: Road Zip Code: 33480 Geo Lat: 26.768703 Geo Lon: -80.040267

Office/Member Info

DXORIGMLNO: RX-10807391 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/SqFt: 2742.78 Under Contract Date: 2022-06-15 Sold Date: 2022-07-06 Sold Price: $6,750,000

Design

Traditional: 1

Construction

CBS: 1

Master Bedroom/Bath

None: 1

Rooms

None: 1

Waterfront Details

None: 1

Lot Description

1/4 to 1/2 Acre: 1

Equip/Appl Included

None: 1

Cooling

Central: 1

Heating

Central: 1

Furnished

Unfurnished: 1

Interior Features

None: 1

Flooring

Carpet: 1 Tile: 1

Porch/Patio/Balcony

Porch: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1

Parking

2+ Spaces: 1 Driveway: 1

Restrict

None: 1

Roof

Concrete Tile: 1

Subdiv. Amenities

None: 1

Terms Considered

Cash: 1

Possession

At Closing: 1

Storm Protection

None: 1

Taxes

City/County: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Property Features

Design: Traditional Construction: CBS Waterfront Details: None Lot Description: 1/4 to 1/2 Acre Interior Features: None Furnished: Unfurnished Rooms: None Parking: 2+ Spaces; Driveway Restrict: None Flooring: Carpet; Tile Heating: Central Cooling: Central Roof: Concrete Tile Terms Considered: Cash Utilities: Electric; Public Sewer; Public Water Storm Protection: None Taxes: City/County Possession: At Closing Contingencies: None

Room Information

Living Room Length: 0.00 Width: 0.00 Length: 0.00 Level: Main Width: 0.00 Kitchen Length: 0.00 Width: 0.00 Length: 0.00 Level: Main Width: 0.00 Master Bedroom Length: 0.00 Width: 0.00 Length: 0.00 Level: Main Width: 0.00
Listing Office: Compass Florida LLC
IDX
Last Updated: January - 29 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.