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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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227 Sunset Rd , West Palm Beach, FL 33401
$4,100,000
Est. Payment: $21,888.05/mo
3 Bed
4 Bath
2119 Sqft
0.17 Acres
Status: active | Days on site: 16
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House 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!

Highlights

Listed by Stephen Simpson , 561-262-6263 William Raveis Real Estate , 561-655-6570. REALTOR Association of Greater Miami and the Beach

Property Type

Residential

Lot/Acreage
0.17

Year Built

1930

County

Palm Beach

Area

5440

Neighborhood

Aravale

Listing ID

B26087754

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Air Cond:Central Air
Fireplaces:
Floor:Hardwood,Wood
Water:Public

Exterior Features

Lot:<1 Acre,< 1/4 Acre
Garage Capacity:2
Zoning:SF14 (city)
Roof:Barrel
Sewer:Public Sewer
Parking Features:Attached,Garage,Two or More Spaces
Principal Interest
$21,888
Taxes
$2,874

Home Price

$4,100,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$820,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$21,888.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $21,888.05 $2,873.50 $0.00 $24,761.55
Yearly $262,656.56 $34,482.00 $0.00 $297,138.56
Total $7,879,696.89 $1,034,460.00 $0.00 $8,914,156.89

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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Market insight data is pulled from the same city as the listing being viewed (West Palm Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-03T03:09:01.000Z

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