DRAKE PARK

240 Miraflores Drive, Palm Beach FL 33480

5 beds · 4 baths · 3,354 ft²

Closed

$52,000

Est. Payment $277/mo

MLS Sheet Video

5

Bedrooms

4

Bathrooms

3,354

Sq. Ft.

1945

Year Built

1

Garage

1

Stories

141

Days on Market

Description

Experience the charm of Palm Beach on the North End in this lovely seasonal rental featuring 5 bedrooms, 4 bathrooms, a formal dining room, living room, and family room. The home boasts hardwood and marble floors, wet bar, laundry room, eat-in-kitchen, and more. Enjoy the wonderful South Florida weather in the large backyard featuring a fire pit, refreshing pool and spa, and the spacious covered outdoor entertaining area. This rental uniquely offers a close proximity to the In-Town area of Palm Beach with the quiet atmosphere of the North End. Walk on the Lake Trail, go to the beach, visit the Royal Poinciana Plaza, or dine at one of the many world-class restaurants Palm Beach has to offer.

Facts

MLS#
R11162061
Subdivision
DRAKE PARK
Property Type
Residential Lease
Property Sub Type
Single Family Residence
Year Built
1945
Lot Size
0 sqft
Sq. Ft.
3,354 ft²
Sq. Mt.
312 m²
Price per sq. ft.
$16/ft²
Price per sq. mt.
$167/m²
Stories
1
Garage
1 spaces
Pool
Private
Days on Market
141 days
Listed
Feb 9, 2026
Last Updated
Jul 6, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

114

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/6/2026Sold$52,000
2/9/2026Listed for sale$52,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

240 Miraflores Drive, Palm Beach FL 33480Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$173,333

gross income / month to qualify

Monthly rent$52,000
Required annual income$2,080,000
Security deposit (est.)$52,000
Move-in cost (1st + last + security)$156,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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