We are full service

Investment Opportunity

Miami Investmens

221 Monroe Drive West Palm Beach FL 33405 MLS #RX-11027557

221 Monroe Drive
West Palm Beach, FL, 33405
$9,800,000
6 Beds
5.2 Bathrooms
6,420 SqFt
0.29 Acres
Add
Add
$9,800,000
221 Monroe Drive
West Palm Beach, FL, 33405
MLS #RX-11027557 image #0MLS #RX-11027557 image #1MLS #RX-11027557 image #2MLS #RX-11027557 image #3MLS #RX-11027557 image #4MLS #RX-11027557 image #5MLS #RX-11027557 image #6MLS #RX-11027557 image #7MLS #RX-11027557 image #8MLS #RX-11027557 image #9MLS #RX-11027557 image #10MLS #RX-11027557 image #11MLS #RX-11027557 image #12MLS #RX-11027557 image #13MLS #RX-11027557 image #14MLS #RX-11027557 image #15MLS #RX-11027557 image #16MLS #RX-11027557 image #17MLS #RX-11027557 image #18MLS #RX-11027557 image #19MLS #RX-11027557 image #20MLS #RX-11027557 image #21MLS #RX-11027557 image #22

Project Description

Historic-meets-new construction. Originally built in 1925, this residence has been taken down to the studs and is undergoing an expansive transformation nearly doubling in size to just under 5,000sf of luxurious living space in the main house with 5 BR & 4.1 BA, plus a 410 sf detached guest suite, and a pool cabana with a half bath and outdoor shower–a seamless blend of beloved and coveted historic charm and thoughtful modernity.Imagined by CBG Developers, Gengler Architects, and SMR Consulting, 221 is set to be crafted with the finest materials and finishes. **APPROVED FOR HISTORIC PROPERTY TAX EXEMPTION — significant savings potential and value against neighboring non-historic new construction homes. Buyers have until mid-October to make interior design selections*

Property Details

Price:
$9,800,000
MLS #:
RX-11027557
Status:
Active
Beds:
6
Baths:
5.2
Type:
Single Family
Subtype:
Single Family Detached
Subdivision:
SOUTHLAND PARK
Listed Date:
Oct 9, 2024
Finished Sq Ft:
6,420
Lot Size:
12,724 sqft / 0.29 acres (approx)
Year Built:
1925
Southland Park

Schools

Interior

Pets Allowed
Yes

Exterior

Garage Spaces
2.00
Homeowners Assoc
None
Storm Protection: Impact Glass
Complete
Total Floors/Stories
2.00

Financial

de todo

Map

Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
221 Monroe Drive
West Palm Beach, FL