258 Granada Rd, West Palm Beach, FL 33401

 -  $4,195,000

MLS® # RX-10959545

  • 5 Bedrooms
  • 4 Bathrooms
  • 3,210 SQ. Feet
  • 1925 Year Built

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!

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Property

Location

  • NeighborhoodEL CID
  • Address258 Granada Rd
  • CityWest Palm Beach
  • StateFL

Size And Restrictions

  • Acres0.14
  • Lot Description< 1/4 Acre
  • RestrictionsNone

Taxes

  • Tax Amount$43,555
  • Tax Year2023

Improvements

  • Property SubtypeSingle Family Detached
  • FenceNo
  • SprinklerNo

Features

  • ViewGarden, Intracoastal, Pool

Utilities

  • UtilitiesPublic Sewer, Public Water

Market

Interior

Bedrooms And Bathrooms

  • Bedrooms5
  • Bathrooms4.00
  • Master Bedroom On MainNo
  • Master Bedroom DescriptionDual Sinks, Mstr Bdrm - Upstairs, Separate Shower
  • Master Bedroom Dimensions17 x 11

Other Rooms

  • Kitchen Dimensions12 x 11
  • Living Room Dimensions12 x 13

Heating And Cooling

  • HeatingCentral
  • Air ConditioningCentral
  • FireplaceYes

Interior Features

  • AppliancesDishwasher, Dryer, Range - Electric, Refrigerator, Washer
  • FeaturesCtdrl/Vault Ceilings, Entry Lvl Lvng Area, Fireplace(s), Cook Island, Sky Light(s), Split Bedroom, Walk-in Closet, Decorative Fireplace

Building

Building Information

  • Year Built1925
  • # Of Stories2
  • ConstructionFrame, Frame/Stucco
  • RoofBarrel

Energy Efficiency

  • Building FacesNorth

Property Features

  • Exterior FeaturesCovered Balcony, Cabana

Garage And Parking

  • GarageDriveway, Street, Garage - Detached

Community

Home Owners Association

  • HOA Membership (Monthly)None
  • HOA Fees IncludeNone

Amenities

  • Area AmenitiesBike - Jog, Sidewalks

Schools

  • ElementaryBelvedere Elementary School
  • MiddleConniston Middle School
  • HighForest Hill Community High School

Info

  • OfficeWoyce Realty Investments & Consulting Inc.

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Listing information last updated on May 7th, 2024 at 10:46am EDT.