1713 Florida Avenue, West Palm Beach, FL

$1,895,000

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7

Beds

6

Baths

3,418

Square feet

0.17

Acres

About 1713 Florida Avenue

Welcome to 1713 Florida Avenue, an incredible opportunity to own a stunning 7 bedroom 6 unit complex in the sought-after neighborhood of Grandview Heights. Nestled on a quiet corner lot, this property boasts six units that can be converted into a spacious single-family 3-4 bedroom duplex home and 4 income producing units, or re-imagined as one structure with plenty of room for a pool and spacious backyard. Meticulously maintained and highly rated, this turnkey income-producing gem is ready to be transformed into your dream home or optimized as an investment property. Don't miss this remarkable opportunity to create the single-family complex of your dreams in the vibrant Grandview Heights neighborhood.The front main building, Building A, offers a 600 SQ FT one-bedroom unit with a full kitchen, living area, bedroom with an ensuite bath, and a private gated patio. Upstairs in Building A, you'll find an 880 SQ FT two-bedroom unit with two private balconies. The units can be combined to create one living space or utilized AS/IS . Building B features four identical one-bedroom units, each equipped with a kitchen, living area, separate bedroom with an ensuite bath. These units are currently rented as both annual leases and short-term Airbnb rentals, offering flexibility and additional income potential. Beyond the exceptional location within walking distance to popular attractions like the Norton Art Museum, Rosemary Square, and a variety of dining options, this property presents countless possibilities. With the expiration of the annual leases, there is significant upside potential to update the rents to market value and maximize your investment. Amenities include a common laundry room for Building B, while each unit in Building A has its own washer and dryer. The beautifully landscaped garden and two seating areas provide a serene oasis for relaxation. Ample on-site parking and off-street parking ensure convenience for you and your guests. Financials available upon request. Please do not disturb the tenants or walk the property; showings by appointment.

Single Family home for sale in West Palm Beach, FL at 1713 Florida Avenue. This 7 bedroom Single Family home is priced at $554/sqft

Features of 1713 Florida Avenue

MLS® # RX-10933172
Price $1,895,000
Bedrooms 7
Bathrooms 6.00
Full Baths 6
Square Footage 3,418
Acres 0.17
Year Built 1935
Type Single Family
Sub-Type Single Family Homes
Style Multi-Level, Key West
Status Price Change

Community Information: West Palm Beach

Address 1713 Florida Avenue
Area 5430
Subdivision GRANDVIEW HEIGHTS
City West Palm Beach
County Palm Beach
State FL
Zip Code 33401

Amenities of 1713 Florida Avenue

Amenities None
Utilities 3-Phase Electric, Public Water
View City
Is Waterfront No
Waterfront None
Has Pool No

Interior of 1713 Florida Avenue

Interior Features Cook Island
Appliances Dishwasher, Microwave, Refrigerator
Heating Central
Cooling Central Building, Wall-Win A/C
Fireplace No
# of Stories 2
Stories 2.00

Exterior of 1713 Florida Avenue

Lot Description < 1/4 Acre
Construction CBS, Frame

Additional Information On 1713 Florida Avenue

Listing Courtesy of Douglas Elliman (Palm Beach)
Date Listed November 3rd, 2023
Zoning SF14(c
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeDouglas Elliman (Palm Beach)

Listing Map

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