Property
Beds
4
Full Baths
3
1/2 Baths
None
Year Built
1940
Sq.Footage
1,479
Welcome to the heart of historic Northwood, one of West Palm Beach's fastest appreciating and most exciting neighborhoods. Whether you're searching for a profitable investment property, a luxurious seasonal residence, or a full-time home with income potential, this home delivers an opportunity that's becoming increasingly difficult to find. Currently operating as a successful Airbnb, this beautifully renovated compound blends timeless Old Florida charm with modern conveniences. The main residence has been thoughtfully updated while preserving the character that has made Northwood one of Palm Beach County's most sought-after historic communities. A newer 2024 roof provides peace of mind, while energy-efficient solar panels help offset utility costs. The solar system is financed through a PACE program, creating a unique opportunity for the new owner to benefit from renewable energy while assuming the existing financing. Current electric average is only $100 per month with rentals running. Adding to the property's versatility is a separate efficiency building, perfect for guests, extended family, a private office, artist studio, or additional income-producing accommodations. The flexible layout creates multiple possibilities for homeowners and investors alike. Location is everything, and this home places you in the center of West Palm Beach's remarkable transformation. Just minutes from the vibrant shops and restaurants of Northwood Village, the Intracoastal Waterway, Palm Beach Island, and downtown West Palm Beach, the property is also ideally positioned near the highly anticipated NORA District and billions of dollars of ongoing development reshaping the city. New luxury residences, Class A office space, world-class dining, and entertainment venues continue to elevate the area's appeal and long-term value. Whether you're looking to capitalize on the thriving short-term rental market, establish a personal retreat with guest accommodations, or invest in one of South Florida's most dynamic neighborhoods, this exceptional property offers location, flexibility, and lifestyle in one remarkable package. Opportunities to own a fully renovated, income-producing property with a separate guest dwelling in historic Northwood are rare. Welcome to your next investment and your next chapter in West Palm Beach.
Features & Amenities
Interior
-
Other Interior Features
Entrance Foyer
-
Total Bedrooms
4
-
Bathrooms
3
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Main Level Bedrooms
4
-
Pet friendly
Size Limit, Yes
Exterior
-
Garage
No
-
Construction Materials
Block
-
Parking
Driveway, Paver Block
-
Patio and Porch Features
Patio
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.14
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Mediterranean
Price
-
Sales Price
$899,000
-
Tax Amount
$18,045.7
-
Sq. Footage
1, 479
-
Price/SqFt
$607
HOA
-
Association
No
School District
-
Elementary School
Northmore
-
Middle School
John F. Kennedy (Palm Beach)
-
High School
Palm Beach Lakes
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer, Private Sewer
-
Water Source
Public
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Location
County
Palm Beach
Elementary School
Northmore
Middle School
John F. Kennedy (Palm Beach)
High School
Palm Beach Lakes
Listing Courtesy of Steven Ray Prince , Tolliver Prince Realty
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