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3611 S Flagler Drive, West Palm Beach, FL 33405

$16,920,000
Property Type: Residential Income Square Footage: 17,350 Status: Closed
Current Price: $16,920,000 Last Modified: 2/18/2022

Description

Rare opportunity to acquire a brand new luxury residential building on the intracoastal waterway in the booming city of West Palm Beach. Purchase to hold and use the units as luxury rentals, or sell as condominiums. Units range from 2,690 interior square feet to over 3,900 square feet, each with private elevator access.

More Information MLS# RX-10734541

Contract Information

Auction: No List Price/SqFt: 1138.32 Listing Date: 2021-07-29 Status: Closed Original List Price: 20500000 Sold Price: $16,920,000 Current Price: $16,920,000

General Property Description

Total # of Units: 6 Property Condition: Resale Number of Stories: 7 SqFt - Total: 17350 Waterfront: Yes SqFt Source: Developer Gated Community: No Homeowners Assoc: Mandatory Pets on Premises: No HOA/POA/COA (Monthly): 1650 Application Fee: 100 Directions: 3611 S Flagler Drive Private Pool: No Separate Elec Meters: Yes Separate Wtr Meters: Yes Type: Quad Plex Year Built: 2021 SqFt - Living: 17350 Subdivision: 3611 S Flagler Lot SqFt: 18827

Location, Tax & Legal

Geo Area: PB20 State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2020 Zoning: MF32(c Short Sale A/U: N/A Short Sale Addendum: No Taxes: 45700.4 REO: No Area: 5440 County: Palm Beach Parcel ID: 74434334000000043 Street #: 3611 Street Dir: S Street Name: Flagler Street Suffix: Drive Zip Code: 33405 Legal Desc: 34-43-43, N 100 FT OF GOV LT 4E OF WASHINGTON RD (LESS TR IN DB1024P180) Geo Lat: 26.67902 Geo Lon: -80.049058

Office/Member Info

DXORIGMLNO: RX-10734541 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/SqFt: 975.21 Under Contract Date: 2022-02-03 Sold Date: 2022-02-17 Sold Price: $16,920,000

Unit 1 Info

Bedrooms: 4 Full Bath: 4 Furnished: No SqFt: 3900 Monthly Income: 0

Unit 2 Info

Bedrooms: 3 Full Bath: 3 Half Bath: 1 Furnished: No SqFt: 2690 Monthly Income: 0

Unit 3 Info

Bedrooms: 3 Full Bath: 3 Half Bath: 1 Furnished: No SqFt: 2690 Monthly Income: 0

Unit 4 Info

Bedrooms: 3 Full Bath: 3 Half Bath: 1 Furnished: No SqFt: 2690 Monthly Income: 0

Income & Expenses

Gross Operating Inc: 0

Source of Expenses

Other: 1

Avail Info

None: 1

Construction

Concrete: 1

View

City: 1 Intracoastal: 1 Ocean: 1

Waterfront Details

Intracoastal: 1

Lot Description

1/4 to 1/2 Acre: 1

Cooling

Central Individual: 1

Unit 1 Desc

Electric Meter: 1

Heating

Central Individual: 1

Tenant Pays

Common Area Maint: 1 None: 1

Exterior Features

Auto Sprinkler: 1

Unit 1 Parking

Space Parking: 1

Unit 2 Desc

Electric Meter: 1

Flooring

Wood Floor: 1

Unit 2 Parking

Space Parking: 1

Utilities

None: 1

Unit 3 Desc

Electric Meter: 1

Unit 3 Parking

Space Parking: 1

Unit 4 Desc

Electric Meter: 1

Unit 4 Parking

Space Parking: 1

Restrict

Buyer Approval: 1

Roof

Other: 1

Subdiv. Amenities

None: 1

Boat Services

Dock Available: 1

Terms Considered

Cash: 1 Conventional: 1

Window Treatments

Impact Glass: 1

Storm Protection

Impact Glass: Complete

Taxes

City/County: 1

Contingencies

None: 1

Property Features

Source of Expenses: Other Construction: Concrete Waterfront Details: Intracoastal View: Intracoastal; Ocean Unit 1 Desc: Electric Meter Unit 1 Parking: Space Parking Unit 2 Desc: Electric Meter Unit 2 Parking: Space Parking Unit 3 Desc: Electric Meter Unit 3 Parking: Space Parking Unit 4 Desc: Electric Meter Unit 4 Parking: Space Parking Lot Description: 1/4 to 1/2 Acre Exterior Features: Auto Sprinkler Tenant Pays: Common Area Maint; None Restrict: Buyer Approval Flooring: Wood Floor Cooling: Central Individual Heating: Central Individual Roof: Other Boat Services: Dock Available Terms Considered: Cash; Conventional Utilities: None Window Treatments: Impact Glass Taxes: City/County Avail Info: None Contingencies: None
Listing Office: Douglas Elliman
IDX
Last Updated: February - 18 - 2022
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