227 Sunset Road, West Palm Beach, FL 33401

$4,100,000
3
BD
4
BA
2,119
SqFt

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List Price
$4,100,000
MLS#
B26087754
Subdivision
Aravale
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Full baths
4
Living Area
2,119

Property Description

Rare Opportunity: Historic Board-Approved Luxury Estate in the Heart of El Cid Discover an extraordinary opportunity to transform a 1925 historic gem into a spectacular luxury estate in the heart of West Palm Beach's highly sought-after El Cid neighborhood. In a significant milestone, the property's stunning architectural plans by celebrated architect Dr. Russell Rosicki have received approval from the West Palm Beach Historic Preservation Board. This coveted approval, achieved through a rigorous and often lengthy review process, represents an exceptional advantage for the discerning buyer—eliminating a major development hurdle and providing a valuable head start toward construction. The thoughtfully designed and historic board-approved plans envision an elegant four-bedroom, four-and-a-half-bath main residence, complemented by a freestanding two-car garage with a private one-bedroom, one-bath guest apartment above. Set on a spacious 7,230-square-foot Lake Block corner lot, the property offers an exceptional opportunity to combine historic character with contemporary luxury and personalized finishes. The sale includes the existing home, garage and guest apartment in as-is condition, the architectural plans, and lot clearing. With the critical Historic Preservation Board approval already secured, buyers can move forward with greater confidence, avoiding the substantial time, complexity, and uncertainty associated with obtaining this important approval. Construction bids are also available, providing additional clarity and a valuable head start on bringing this remarkable vision to life. A truly rare opportunity to create a one-of-a-kind luxury estate in one of West Palm Beach's most desirable historic neighborhoods—with the architectural vision established, a major approval milestone achieved, and the freedom to make the finishing touches entirely your own. The property has been preliminarily approved to receive the 10 year tax abatement which exempts 100% of the increase in assessed property value resulting from the renovation!

Additional Information

Days on Market
16
Tax Amount
$34,482
Parcel Number
74434328010000050
#Garage Spaces
2
Bedroom Description
Other
Front Exposure
South
Lot Size
7,216
Parking Restrictions
2 Or More Spaces, Parking Garage
Pet Restrictions
Yes
Pets Allowed
Yes
Address
227 Sunset Road, West Palm Beach
Elementary School
Palm Beach Public
SqFt Liv Area
2,119
Year Built
1930
Development Name
Aravale
Style
House
Senior High School
Forest Hill Community
Restrictions
No Restrictions
Construction Type
Frame, Frame With Stucco
Interior Features
No Interior Features

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Listing Courtesy of William Raveis Real Estate, Contact: