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610 38th Street, West Palm Beach, FL 33407
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$1,399,000
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Home Details for 610 38th Street
Price
$1,399,000
Type
Single Family
Bedrooms
6
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Year Build
1926
Sq. Ft.
3400
Lot Size
0.28
County
Palm Beach
Total Rooms
8
Tax
$10,646.2
MLS®️ Listing#
R11069459
On exitrealty.com
321 days
Property Description
Excellent Opportunity for Investors and Owners/Users, new lower price
includes entire home contents including all furniture, lighting,
accessories, artwork, mirrors, window treatments etc.! This beautiful
property offers a unique investment opportunity with an excellent cap
rate/rate of return (report available upon request) in an area that is
rapidly growing and increasing in value (report on improvements/new
construction planned/started also available). This private compound just
minutes from Palm Beach island is situated in historic Northwood, West Palm
Beach's fastest growing neighborhood with luxury properties being planned or
being built currently (Ritz Carlton/Olara Condos/Marina etc.) Elegant Modern
Mediterranean designer home, accompanied by a charming guest house -more is set
on tropical, resort-style grounds. Seize the rare opportunity to develop the
expansive separate lot included in the listing which comprises two distinct
parcels ( Northwood, Block 35 Lots 6 and 7) or further expand the existing
compound to suit your needs. The stylish main house features tastefully
appointed interiors with 3 bedrooms (plus a home office that could easily be
converted into a fourth bedroom), 2.5 baths, spacious rooms, rich hardwood
floors and an open-concept layout that creates a bright and airy living
space. Enjoy ample parking with an oversized car park, while the two-story
guest cottage, complete with 2 bedrooms, 1 bath, and a dedicated laundry
room, offers the perfect income-generating opportunity. Alternatively, rent
out the entire property or turn it into an immediate high-yield Airbnb. This
exceptional turnkey property is just minutes from pristine beaches, the
exclusive shopping on Worth Avenue, vibrant downtown West Palm Beach with
its nightlife and fine dining, the scenic Intracoastal Waterway, and Palm
Beach International Airport. Whether you're seeking a full-time residence, a
lucrative investment, or both, this one of a kind private oasis offers a
very special opportunity in today's market.
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Listing Courtesy: Medalian Real Estate & Investm - 561-622-4131
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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