561141 Atlantic Avenue, Palm Beach, FL 33480
$5,750,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
2,898
Status:
Closed
Current Price:
$5,750,000
List Date:
1/19/2024
Last Modified:
4/05/2026
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.
More Information MLS# R10951907
Contract Information
Comp Sale YN: No
Listing Date: 2024-01-19
Status: Closed
Original List Price: 6500000
Sold Price: $5,750,000
Current Price: $5,750,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Special Assessment YN: No
Country: United States
Street Number: 141
Street Name: Atlantic
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33480
Subdivision Name: PROXIMITY PARK
Area: 5002
Parcel Number: 50434314090000090
Zoning: RB-Low Density
General Property Information
Living Area Main: 2373
Gated Community YN: No
Lot Size Area: 4992
Senior Community YN: No
Furnished: Unfurnished
Stories Total: 2
Stories: 2
Pool Private YN: No
Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: 1
Building Area Main: 2898
Building Area Source: Appraiser
Year Built: 1936
Lot Size Acres: 0.11
Direction Faces: South
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
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
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
Amenities
None: 1
Electric
Three Phase: 1
Flooring
Wood: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Utilities
Cable Available: 1
Water Available: 1
Heating
Central: 1
Water Access
None: 1
Appliances
Dryer: 1
Refrigerator: 1
Washer: 1
Construction Materials
Frame: 1
Stucco: 1
Interior Features
None: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Flat: 1
Water Source
Public: 1
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Vacant: 1
Main Level Rooms
Main Level Bathrooms: 1
Master Bedroom/Bath
Separate Shower: 1
Separate Tub: 1
Membership
No Membership Available: 1
Pets Allowed YN
Yes: 1
Restrictions
No Restrictions: 1
Storm Protection
Panel Shutters: Complete
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Contingencies
None: 1
Room Types
Family Room: 1
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 2423.09
Original List Price To Close Price: 1.13
Acreage Description
Less Than 1/4 Acre Lot: 1
Originating Details
Originating System Key: 20240118153031683542000000
Originating System ID: M00000170
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
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: April - 05 - 2026
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 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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