1608 Lake AVE, West Palm Beach, FL 33401
1608 Lake AVE, West Palm Beach, FL 33401
1608 Lake AVE, West Palm Beach, FL 33401
1608 Lake AVE, West Palm Beach, FL 33401
1608 Lake AVE, West Palm Beach, FL 33401
1608 Lake AVE, West Palm Beach, FL 33401
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$ 5,645,000
Est. payment | /mo

9,054 SqFt


$ 5,645,000
Est. payment | /mo

9,054 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,054 sqft

Price per Sqft $623

MLS Listing ID B26100173

Construction Status Resale

HOA Y/N No

Year Built 1924

Annual Tax Amount $53,370

Tax Year 2026

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type Multi Family

Property Description

Illustrious & well established Bed & Breakfast portfolio in the heart of Historic West Palm Beach. Grandview Gardens is a well appointed hospitality offering comprised of ±9,000 total SF spanning across 5 total structures atop an ultra rare block-to-block ±26,000 SF parcel. The historic Spanish/Key West compound boasts 12 suites, 3 kitchens, 3 dedicated laundry facilities, pool, and suite-dedicated outdoor spaces. From multi-guest bookings, whole building bookings, corporate buyouts, to wedding events, the compound allows for limitless booking configurations. Close proximity to the heart of Downtown West Palm Beach, CityPlace, Norton Art & Design District, Antique Row, Palm Beach Island, and PBIA allow for ease of travel and abundance of entertainment options for B&B guests. Seller and Seller's representatives make no guarantees of portfolio's usage beyond what is currently permitted by the City of West Palm Beach. Any entitlement(s), variance(s), or code change(s) to alter portfolio's current permitted usage are not guaranteed and are to be verified by Buyer and/or Buyer's representatives.

Location

State FL

County Palm Beach

Area 5430

Zoning SF14-C2

Interior

Interior Features InteriorFeatures

Heating Central, Wall Furnace

Cooling Central Air, Ceiling Fan(s), Wall/Window Unit(s)

Flooring Tile, Wood

Fireplace No

Exterior

Parking Features Covered, On Street

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Water Access Desc Public

Roof Type Barrel,Composition,Flat,Shingle

Accessibility None

Road Frontage City Street

Total Parking Spaces 6

Building

Lot Description Sprinkler System

Dwelling Type Hotel/Motel

Building Description CBS (Concrete Block Structure),Block,Frame,Stucco, Common Lounge,Exterior Lighting,Office

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type CBS (Concrete Block Structure),Block,Frame,Stucco

New Construction No

Construction Status Resale

Others

Tax ID 74434328050002500and74434328050002480

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard, Listed As-Is

Virtual Tour https://www.propertypanorama.com/1608-Lake-Avenue-West-Palm-Beach-FL-33401--B26100173/unbranded

BeachesMLS, Inc. (FLR) IDX
Listed by Jeremy Lu LLC Coldwell Banker/ WPB

Nearby Locations

Danny O'Connell

We start with how you want to live, then find the home that fits.

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