The Historic Flamingo Park area of West Palm Beach is a great place to find an Airbnb Investment Property. The quaint homes located in the Flamingo Park neighborhood are a popular rental choice among visitors to the area. The majority of the homes are close to 100 years old and constructed in the Mission and Mediterranean Revival architectural styles. You will also discover homes built in the Art Moderne, Colonial Revival, and American Foursquare genres.
One of the more infamous homes in the neighborhood is the Alfred Comeau House located at 701 Flamingo Drive. Comeau was a prominent businessman in the West Palm Beach area and built his personal home there in 1924. Comeau is noted for constructing one of the first skyscrapers in the city of West Palm Beach. Comeau’s home is now featured on the annual tour of homes.
Successful Airbnb Investments, The Homes of Historic Flamingo Park Meet the Criteria
The secret to finding an investment property that will become a profitable Airbnb venture is “location, location, location” (pardon the cliché). In this regard the homes of the Historic Flamingo Park district easily meet the criteria for success. Lucrative Airbnb properties are generally located in popular tourist destinations. The Flamingo Park neighborhood is adjacent to both the vibrant downtown area of West Palm Beach as well and just a short drive to the pristine beaches of Palm Beach County.
Map of the Historic Flamingo Park Area
The map below depicts the convenient location of the Historic Flamingo Park Area. The neighborhood is within easy walking distance of the Norton Museum of Art, the Howard Park Community Center, Kravis Center, and City Place the Downtown area of West Palm Beach. Head east and you can enjoy a stroll along the Intercoastal Waterway.
Market Pricing for Historic Flamingo Park
A quick property search of the Historic Flamingo Park neighborhood yielded 15 results ranging from the high 200’s to just over a million dollars. While you’re not likely to be inclined to rent a million-dollar home on Airbnb, properties in the 200k to 400k range are prime candidates for an Airbnb money-making investment. The images below will give you a flavor of the area. To learn more about the neighborhood and potential investment properties give Chris a call or simply visit our property search page.