227 SUNSET Road, West Palm Beach, FL 33401

$4,100,000 — Active

Property Features

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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!

Property Details

  • Listing ID: B26087754
  • Status: Active
  • Listing Date: 2026-10-13
  • Property Type: Single Family Residence
  • Subdivision: ARAVALE
  • County: Palm Beach
  • MLS Area: 5440
  • Bedrooms: 3
  • Full Bathrooms: 4
  • Living Area Sq Ft: 2,119
  • Year Built: 1930

Financial

  • List Price: $4,100,000
  • HOA Fee: None
  • Taxes: $34,482/yr

Features & Amenities

  • Pets Allowed: Yes, No Restrictions
  • Parking: Garage, Attached Garage
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Wood
  • Construction: Frame
  • Roof: Barrel
  • Interior Features: None

Courtesy of William Raveis Real Estate
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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.