506 46th St, West Palm Beach, FL 33407

 -  $825,000

MLS® # RX-10972522

  • 5 Bedrooms
  • 3 Bathrooms
  • 2,028 SQ. Feet
  • 1935 Year Built

Stunning property with two beautifully renovated homes, offering luxury living and substantial income opportunity. Main residence: 3 beds, 2 baths. Guest house: 2 beds, 1 bath. Fully rebuilt as new in 2020-2021 with new foundations, roofs, cedar siding, quartz countertops and porcelain wood-look tile. Both units have complete impact glass, new A/C units, electrical, plumbing, appliances and tankless water heaters. Nestled in the sought-after Historical Northwood community, these homes are located in the heart of many new luxury developments underway; a well positioned, turn-key investment. Whether you're looking for a multi-generational retreat, a stylish year-round residence, or a profitable asset, this property offers endless possibilities. Don't miss this extraordinary opportunity!Location is one block to the intracoastal waterway and minutes to Florida's most beautiful beaches, premier dining, shopping and entertainment. Separate guest house access, several private outdoor spaces, and ample parking for a boat. Alba Palm Beach, Olara, the Ritz Carlton Residences, Cipriani Residences, Northwood Shopping District and Northwood Commons are some of the planned and approved developments located just minutes away by foot. Palm Beach International Airport and the Brightline railway are a short 10 to 15 minute drive.

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Property

Location

  • NeighborhoodNORTH PALM BCH 1
  • Address506 46th St
  • CityWest Palm Beach
  • StateFL

Size And Restrictions

  • Acres0.12
  • Lot DescriptionEast of US-1
  • RestrictionsLease OK, Daily Rentals, Historic Designation

Taxes

  • Tax Amount$7,105
  • Tax Year2023

Improvements

  • Property SubtypeSingle Family Detached
  • FenceYes
  • SprinklerYes

Utilities

  • UtilitiesCable, 3-Phase Electric, Public Sewer, Public Water

Market

Interior

Bedrooms And Bathrooms

  • Bedrooms5
  • Bathrooms3.00
  • Master Bedroom On MainNo
  • Master Bedroom DescriptionDual Sinks, Separate Shower, Mstr Bdrm - Sitting
  • Master Bedroom Dimensions14 x 12

Other Rooms

  • Kitchen Dimensions13 x 10
  • Living Room Dimensions16 x 11

Heating And Cooling

  • HeatingCentral
  • Air ConditioningCentral, Electric
  • FireplaceYes

Interior Features

  • AppliancesDishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range - Electric, Refrigerator, Smoke Detector, Washer, Water Heater - Elec, Fire Alarm, Cooktop
  • FeaturesFireplace(s), French Door, Cook Island, Walk-in Closet

Building

Building Information

  • Year Built1935
  • # Of Stories1
  • ConstructionFrame, Woodside
  • RoofComp Shingle

Energy Efficiency

  • Building FacesNorth

Property Features

  • Exterior FeaturesAuto Sprinkler, Fence, Zoned Sprinkler, Deck, Extra Building, Open Porch

Garage And Parking

  • Garage2+ Spaces, Driveway, Guest, RV/Boat

Community

Home Owners Association

  • HOA Membership (Monthly)None

Amenities

  • Area AmenitiesBike - Jog, Boating, Street Lights, Tennis, Park

Info

  • OfficeDouglas Elliman

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Listing information last updated on May 15th, 2024 at 9:30pm EDT.