This meticulously restored historic residence, boasting 3,724 square feet of timeless elegance, comprises a 2,810 square foot main house with 5 bedrooms and 3.5 baths, complemented by an 850 square foot detached guest apartment and garage. Preserving the opulent charm of the 1920s, the home features impeccably maintained original details, now safeguarded by impact windows and doors. A spacious gourmet kitchen, adorned with bespoke cabinetry and quartz countertops, adjoins a luminous living room with soaring coved ceilings and an original fireplace. The den's striking black and white checked floor captivates, yet it's the dining room, crowned by a two-story atrium ceiling, that commands attention.Upstairs, panoramic vistas of the Intracoastal waterway enhance the allure, especially from the master suite's balcony. Marble accents grace the master bath, while ample closets grace the two additional bedrooms. A picturesque atrium, with pecky cypress ceiling and shuttered openings, imbues the second floor with a unique ambiance. An air-conditioned garage accommodates a guest apartment, featuring a full bath and kitchen. The backyard, reminiscent of a magazine spread, offers a covered loggia and a heated pool. Enclosed by walls, fencing, and electronic gates, this property epitomizes the grandeur of El Cid's showcase homes. For those interested in increasing their passive cashflow while residing elsewhere, this could be the perfect investment for you the main home can be rented for $13,000 per month, and the one-bedroom studio can fetch $1,750 per month. If that's not enticing enough, consider the Airbnb potential, which has the capacity to generate an additional $136,000 per year. What's more, the garage below the studio presents the opportunity for conversion into another unit, transforming this investment into a potential triplex. This property is truly a cash cow don't miss out on this incredible investment opportunity!
No nearby schools could be found at this time.
Disclaimer / Sources: MLS® local resources application developed and powered by Real Estate Webmasters - Neighborhood data provided by Onboard Informatics © 2024 - Mapping Technologies powered by Google Maps™
Date | Details | Change |
---|---|---|
Price Reduced from $4,195,000 to $3,975,000 | $220,000 (5.24%) | |
Status Changed from Active to Price Change | – | |
Price Reduced from $4,499,000 to $4,195,000 | $304,000 (6.76%) | |
Status Changed from New to Active | – | |
Status Changed from Coming Soon to New | – |
Property Listing Summary: Located in the subdivision, 258 Granada Rd, West Palm Beach, FL is a Residential property for sale in West Palm Beach, FL 33401, listed at $3,975,000. As of May 16, 2024 listing information about 258 Granada Rd, West Palm Beach, FL indicates the property features 5 beds, 4 baths, and has approximately 3,210 square feet of living space, with a lot size of 0.14 acres, and was originally constructed in 1925. The current price per square foot is $1,238.
A comparable listing at 711 Claremore Dr, West Palm Beach, FL in West Palm Beach is priced for sale at $2,995,000. Another comparable property, 711 Claremore Dr, West Palm Beach, FL is for sale at $2,995,000.
To schedule a private showing of MLS# RX-10959545 at 258 Granada Rd, West Palm Beach, FL in , please contact your West Palm Beach real estate agent at (561) 951-9301.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.
Listing information last updated on May 16th, 2024 at 1:16pm EDT.