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307 Chilean Avenue, Palm Beach, FL 33480 (MLS# R10181335)

307 Chilean Avenue, Palm Beach, FL 33480

$1,900,000
Property Type: Residential Income Square Footage: 3,116 Status: Closed
Current Price: $1,900,000 List Date: 11/03/2015 Last Modified: 5/24/2026

Overview

Description

Fantastic 4 unit rental property. Steps to the beach and Worth Avenue. Ideal in town location with off street parking. Possible alternative development in the heart of Palm Beach, surrounded by million dollar homes.

Listing Details MLS# R10181335

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
3116
Building Area Source
Public Records
Living Area Main
2600
Year Built
1956
Lot Size Area
6250
Lot Size Acres
0.14
Lot Size Dimensions
50.0 ft x 125.0 ft
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
2
Pool Private YN
No

Property Features

Association Amenities: Jogging Path Documents Available: Copy Of Lease(s); Deposit - Security Flooring: Tile; Wood; Other Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: None Listing Terms: Cash; Conventional Possession: Close Of Escrow Restrictions: No Restrictions Roof: Concrete Tax Information: City/County Utilities: Cable Available; Electricity Available; Water Available Water Access: None Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen Unit 2 Appliances: Dishwasher; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen Unit 3 Appliances: Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking Unit 3 Rooms: Kitchen Unit 4 Appliances: Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Open Parking Unit 4 Rooms: Kitchen Contingencies: Other Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2375000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
307
Street Name
Chilean
Street Suffix
Avenue
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
ROYAL PARK
Area
5002
Geographic Area
PB30
Parcel Number
50434323050060320
Zoning
RC
Directions
Royal Palm Bridge Right on County Road Right on Chilean Avenue.

Financial Information

Tax Annual Amount
19052.2
Tax Year
2015
Tax Legal Description
ROYAL PARK ADD LTS 32 & 33 BLK 6

Status Change Information

Major Change Timestamp
2016-02-19T17:22:34Z
Major Change Type
Status Change
Status Change Date
2016-02-19
Under Contract Date
2015-12-28
Close Date
2016-02-18
Close Price
1900000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
30000
Gross Income
76800
Net Operating Income
46800

Unit 1 Details

Actual Rent
2000
Baths Full
Yes
Furnished
Unfurnished
SqFt
650

Unit 2 Details

Actual Rent
1600
Baths Full
Yes
Furnished
Unfurnished
SqFt
650

Unit 3 Details

Actual Rent
1100
Baths Full
Yes
Furnished
Unfurnished
SqFt
650

Unit 4 Details

Actual Rent
1700
Baths Full
Yes
Furnished
Unfurnished
SqFt
650

Price Calculations

Current Price To SqFt
730.76
Original List Price To Close Price
1.25

Originating Details

Originating System Key
20151103162217032707000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

Jogging Path
Yes

Flooring

Tile
Yes
Wood
Yes
Other
Yes

Documents Available

Copy Of Lease(s)
Yes
Deposit - Security
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Possession

Close Of Escrow
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Water Available
Yes

Heating

None
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Concrete
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes

Balcony Details

Balcony - Open
Yes

Contingencies

Other
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 1 Patio/Porch

Patio/Porch
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Appliances

Dishwasher
Yes
Refrigerator
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 2 Patio/Porch

Patio/Porch
Yes

Unit 2 Rooms

Kitchen
Yes

Unit 3 Appliances

Refrigerator
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes

Unit 3 Parking Features

Open Parking
Yes

Unit 3 Rooms

Kitchen
Yes

Unit 4 Appliances

Refrigerator
Yes

Unit 4 Other Equipment

Air Conditioning Unit
Yes

Unit 4 Parking Features

Open Parking
Yes

Unit 4 Rooms

Kitchen
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Valore Group Real Estate
IDX
Last Updated: May - 24 - 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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