227 SUNSET Road
West Palm Beach, FL 33401Rare 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!
$4,100,000
Florida Listing-
County Palm BeachMLS Area 5440Latitude 26.69173Longitude -80.051924Geo Area PB20Subdivision ARAVALE
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Total Rooms 3Interior None, OtherFull Baths 4Heating CentralCooling Central AirFloors Wood
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Stories 2Is New Construction NoConstruction FrameRoof BarrelWater Source PublicSeptic or Sewer Public SewerUtilities OtherParking Description Attached, GarageHas Garage YesGarage Spaces 2
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Elementary School Palm Beach PublicHigh School Forest Hill
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Possession OtherProperty Type ResidentialProperty Subtype Single Family ResidenceYear Built 1930Status ActiveIs Senior Community NoPets NoPetRestrictions,YesTax Year 2026Tax Amount $34,482
Listing Courtesy of:
Listing Courtesy of William Raveis Real Estate
Listing data courtesy of the source MLS.
Information deemed reliable but not guaranteed.