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250 Seminole Ave, Palm Beach, FL, 33480

0beds
0baths
--sqft
$6,000,000
--price/sqft
$41,123/moest. monthly cost
$1,644,920/yrincome needed

About This Home

Offered as-is; unique opportunity for R-C redevelopment on a great mid-town street. Can be combined with the adjacent property at 256 Seminole Ave for a double lot. Parcels are legally separated and can also be sold individually. Opportunity to purchase all 6 lots on the street. Incredible redevelopment potential with close proximity to the beach, bike trail, places of worship, restaurants, shopping, The Breakers, and convenient access on/off the north bridge.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
77
BikeVery Bikeable

Schools

8/10
Palm Beach Public SchoolGrades PK-51.1 mi
3/10
Conniston Middle SchoolGrades 6-83.3 mi
2/10

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Other
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence,Residential

Interior

Features

  • Window features: Other
  • Flooring: Other

Living Room

  • Level: First

Property

Details

  • Parcel number: 50434314100040130
  • Zoning: R-C - Medium Density Residential

Features

  • Pool features: None
  • Waterfront features: None

Lot

  • Lot size: 5,662 sqft
  • Lot size dimensions: 50

Parking

  • Parking features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Heat Wave
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $30,339$364,068
Home Insurance *$1,776$21,312
Property Taxes $8,811$105,732
Electricity $197$2,366
Total$41,123$493,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,409,931/yr
40% on housing$1,233,690/yr
45% on housing$1,096,613/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 33480$1,982
Palm Beach County$443

vs Homes Sold Last Month

Median $/sqft

ZIP 33480$3,044
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-09-04Listed for sale$6,000,000
2020-01-17Listing removed$2,550,000
2019-12-15Listed for sale$2,550,000
2019-04-12Sold$1,650,000
2018-08-07Sold$1,700,000
2000-08-08Sold$625,000
1999-07-30Sold$550,000

For Sale by Agent

AgentFRANCES W. FRISBIE
BrokerageThe Corcoran Group

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