141 Atlantic Avenue, Palm Beach, FL 33480 (MLS# R10951907)

141 Atlantic Avenue, Palm Beach, FL 33480

$5,750,000

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 2,898 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $5,750,000 List Date: 1/19/2024 Last Modified: 1/10/2026

Overview

Description

Tremendous opportunity awaits at this north of town property, 5 houses from the beach. The possibilities are endless. Build a new beach block residence; renovate the current house; or live in the current property until you are ready to design your dream home. The current home offers three bedrooms and three baths; hardwood floors. Walk to boutiques, restaurants, Publix or head right over the bridge to WPB, a superior location. This property truly offers a rare Palm Beach Island opportunity.

Listing Details MLS# R10951907

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Building Area Main: 2898
Building Area Source: Appraiser
Living Area Main: 2373
Year Built: 1936
Gated Community YN: No
Lot Size Area: 4992
Lot Size Acres: 0.11
Senior Community YN: No
Stories Total: 2
Stories: 2
Direction Faces: South
Pool Private YN: No
Furnished: Unfurnished

Property Features

Electric: Three Phase Flooring: Wood Property Condition: Resale Appliances: Dryer; Refrigerator; Washer Construction Materials: Frame; Stucco Cooling: Central Air Heating: Central Interior Features: None Listing Terms: Cash; Conventional Membership: No Membership Available Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: No Restrictions Roof: Flat Tax Information: City/County Utilities: Cable Available; Water Available Water Access: None Water Source: Public Showing Requirements: Call Listing Agent; Vacant Contingencies: None Room Types: Family Room; Kitchen; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2024-01-19
Original List Price: 6500000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 141
Street Name: Atlantic
Street Suffix: Avenue
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: PROXIMITY PARK
Area: 5002
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434314090000090
Zoning: RB-Low Density

Financial Information

Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 39983.2
Tax Year: 2023
Tax Legal Description: PROXIMITY PARK LT 9

Status Change Information

Major Change Timestamp: 2024-03-13T21:06:26Z
Major Change Type: Status Change
Status Change Date: 2024-03-13
Under Contract Date: 2024-01-28
Close Date: 2024-03-13
Close Price: 5750000
Buyer Financing: Cash

More Information

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: Yes

Storm Protection

Panel Shutters: Complete

Showing Details

Pet(s) on Premises: No

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Family Room: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 2423.09
Original List Price To Close Price: 1.13

Originating Details

Originating System Key: 20240118153031683542000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

None: Yes

Electric

Three Phase: Yes

Flooring

Wood: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Utilities

Cable Available: Yes
Water Available: Yes

Heating

Central: Yes

Water Access

None: Yes

Appliances

Dryer: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

Frame: Yes
Stucco: Yes

Interior Features

None: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Flat: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes
Vacant: Yes

Master Bedroom/Bath

Separate Shower: Yes
Separate Tub: Yes

Membership

No Membership Available: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Contingencies

None: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Room Information

Living Room Length: 34.00 Length: 34.00 Width: 14.00 Width: 14.00 Level: Main Kitchen Length: 10.00 Length: 10.00 Width: 8.00 Width: 8.00 Level: Main Master Bedroom Length: 12.00 Length: 12.00 Width: 15.00 Width: 15.00 Level: Main Family Room

Listing Office: Keller Williams Realty - Welli

Last Updated: January - 10 - 2026

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