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$2,100,000

Beds
5
Baths
4.0
sq ft
3,023

246 Greenwood Dr, West Palm Beach, FL 33405

246 Greenwood Dr

West Palm Beach, FL 33405

  • 47 days on market
LOCATION! This residential income or single family compound is located one block from the intracoastal waterway, on an 11,741sqft OVERSIZED lot, in the highly sought after Southland Park section of the Palm Beach Public school district. Per City of WPB, a two story build, total allowable square footage would be 5,544 SF with detached accessory structure (this is eligible for bonus square footage). A one story build, total allowable would be 3,163 SF with an accessory structure and factoring a bonus for remaining one story.Recently coined 'Wall Street South', this area of West Palm Beach is quickly becoming home to those who seek beautiful beaches,a tax-friendly environment and lucky few who want to capitalize on the initial growth stage initiated by residential developments:the Bristol,

Details

Property type

Single Family Residence

Est. home value

$1,973,887

Property condition

Fixer

Lot size

0.27 acres

Price per sq ft

$695

Year built

1960

Annual property taxes

$30,939

Price History

01/07/2025
Beaches

Beaches #R11049940

Listed
$2,100,000
+16.73%
04/22/2024
Beaches

Beaches #R10868684

Sold
$1,799,000
-5.32%
04/22/2024
Beaches

Beaches #R10868684

Pending
$1,900,000

Schools & Community

Neighborhood: 

Propect-Southland Park

Elementary school: 

Palm Beach Public

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights, Sidewalks

Number of units in community: 

3

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Insula Capital Group Llc

Loan start date

October 2022

Original loan amount

$971,250

Est. remaining balance

Not provided

Interest rate

5.55%

Loan type

Commercial, 1 year

Seller

Ds Capital Limited Liability

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 12:05 AM

Listing updated: 02/08/2025 at 2:15 AM

Listed by: Mae Ferguson, Sotheby's Intl. Realty, Inc. Phone #: (561) 659-3555

MLS: Beaches #R11049940

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