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258 Granada Road

West Palm Beach, FL 33401
  • $3,975,000
  • STATUS: Active
  • ON SITE: 100 Days
  • MLS #: RX-10959728
UPDATED: 206 min ago
$3,975,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,210
    SQFT
  • $1,238
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

This meticulously restored historic Spanish-style residence in El Cid's community offers an outstanding investment opportunity. With 4 bedrooms and 2.5 baths, including a studio at the back of the home, this property is primed for investors. Preserving the lavish charm of the 1920s, the house boasts meticulously maintained original details, enhanced with impact windows and doors. It's a duplex with excellent income potential--the main home can be rented for $13,000 per month, and the one-bedroom studio can fetch $1,750 per month.

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www.curatedresidences.com/homes/147611212
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258 Granada Road West Palm Beach, FL 33401

  • Price: $3,975,000
  • Status: Active
  • On Site: 100 Days
  • Updated: 206 min ago
  • MLS #: RX-10959728
0
Beds
0
Baths
0
½ Baths
0.14
Acres
3,210
SQFT
$1,238
$/SQFT
1925
Built
Neighborhood:
El Cid
County:
Palm Beach
Area:
West Palm Beach
Property Description
This meticulously restored historic Spanish-style residence in El Cid's community offers an outstanding investment opportunity. With 4 bedrooms and 2.5 baths, including a studio at the back of the home, this property is primed for investors. Preserving the lavish charm of the 1920s, the house boasts meticulously maintained original details, enhanced with impact windows and doors. It's a duplex with excellent income potential--the main home can be rented for $13,000 per month, and the one-bedroom studio can fetch $1,750 per month.
Exterior Features

Carport Spaces 0.00 Construction FrameStucco Exterior Features Covered BalconyCovered PatioFence Lot Description < 1/4 Acre Private Pool Description Inground Private Pool YN Yes Roof Barrel Storm Protection Impact Glass Complete Unit1 Parking Auto Garage DoorGarage - Detached Unit2 Parking None Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentralWall-Win A/C Flooring Ceramic TileTileWood Floor Heating CentralElectric Unit1 Desc A/C UnitCathed/Vault CeilingDishwasherElectric MeterKitchenLaundry TubMicrowaveRange - ElectricRefrigeratorSkylightSplit BedroomsWalk-in Closets Unit1 Full Baths 2 Unit1 Furnished No Unit1 Half Baths 1 Unit1 Sq Ft 2874 Unit2 Desc A/C UnitKitchenRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 800

Property Features

Annual Net Operating Income 109865.00 Annual Total Expenses 67135.00 Auction No Available Info None Built Desc Resale Gated Community No Gross Operating Income 177000.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Maintenance Fee Includes None Multifamily Type Duplex Possession At Closing REO No Restrictions None Separate Electric Meters No Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Proforma Sq Ft Total 3674.00 Subdivision Amenities Bike - JogSidewalks Tax Amount 43555.40 Tax Year 2023 Taxes Homestead Tenant Pays CableElectricWater Terms Considered CashConventional Unit1 Monthly Income 13000.00 Unit2 Monthly Income 1750.00 Utilities ElectricPublic Water Zoning SF14(c

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