Bought with Illustrated Properties LLC (Co
$6,750,000
$6,975,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
220 Arabian RD Palm Beach, FL 33480
3 Beds
3.1 Baths
2,461 SqFt
Key Details
Sold Price $6,750,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,461 sqft
Price per Sqft $2,742
Subdivision Boca Ratone Colet
MLS Listing ID RX-10807391
Sold Date 07/06/22
Style Traditional
Bedrooms 3
Full Baths 3
Half Baths 1
Construction Status Resale
HOA Y/N No
Year Built 1950
Annual Tax Amount $42,278
Tax Year 2021
Lot Size 0.257 Acres
Property 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.
Location
State FL
County Palm Beach
Area 5001
Zoning R-B(ci
Rooms
Other Rooms None
Master Bath None
Interior
Interior Features None
Heating Central
Cooling Central
Flooring Carpet, Tile
Furnishings Unfurnished
Exterior
Parking Features 2+ Spaces, Driveway
Utilities Available Electric, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
Roof Type Concrete Tile
Exposure North
Private Pool Yes
Building
Lot Description 1/4 to 1/2 Acre
Story 1.00
Foundation CBS
Construction Status Resale
Schools
Elementary Schools Palm Beach Public
Middle Schools Conniston Middle School
High Schools Palm Beach Lakes High School
Others
Pets Allowed Yes
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash
Horse Property No
Membership Fee Required No
Listing Terms Cash
Financing Cash
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