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Mediterranean

1608 Lake Avenue

West Palm Beach , FL 33401

MLS#: R11134881

$6,250,000

Status: Active
Listing number: R11134881
Listing provided by: Compass Florida LLC
Listing agent phone: None
Last update: 19 days ago
On site: 4 months ago
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GRANDVIEW HEIGHTS - Residential

Property

Beds

10

Full Baths

9

1/2 Baths

1

Year Built

1924

Sq.Footage

6,245

Discover one of the most storied residences in downtown West Palm Beach, Grandview Gardens. Originally built in 1925, this Mediterranean Revival estate embodies the architectural grace and tropical allure that define South Florida's golden era, offering a rare blend of historic pedigree, income potential, and modern livability. Set on over a half an acre within the Grandview Heights Historic District, the property spans more than 7,700 square feet across two distinct structures and the inclusion of 734 Palm Street further enhances this potential, offering additional lot depth and street access for future improvements or guest accommodations. The main residence, nearly 5,000 square feet, features 6 bedrooms, 4.5 baths, and an abundance of old-world character, graceful archways, original hardwood and terracotta flooring, high pecky cypress ceilings, and elegant entertaining spaces that open seamlessly to the tropical gardens. 2 additional stand alone structures, totaling approximately 2,800 square feet, houses 5 private suites each with its own entrance, en-suite bath, and outdoor terrace. Perfect for visiting guests, multigenerational living, or continued use as a boutique bed and breakfast. Potential opportunity exists to add 5 additional rooms as permitted by the Bed & Breakfast license; however, this expansion is subject to city and historic board approval. The estate is equipped with two full laundry rooms for guest and staff use, and on-site staff currently resides on the property and will convey with the sale, ensuring a seamless transition for continued operations or personal management. The grounds evoke a private resort, surrounded by mature palms, stone pathways, an inviting inground pool and lush greenery, creating the perfect setting for outdoor entertaining and relaxation. A two-car garage and additional off-street parking complete the property's exceptional functionality. Ideally located just five blocks from the Intracoastal Waterway and within walking distance to CityPlace, the Norton Museum, and the restaurants of downtown West Palm Beach, this residence blends historic charm with modern convenience. Whether envisioned as a signature private estate, a multi-unit income property, or continuing with one of the highest-rated luxury lodging facilities in the state, 1608 Lake Avenue & 734 Palm St. stand as a once-in-a-generation opportunity and the largest landmarked estates in West Palm Beach's most desirable historic enclave.

Features & Amenities

Interior

  • Other Interior Features

    Cathedral Ceiling(s), Entrance Foyer, Vaulted Ceiling(s)

  • Total Bedrooms

    10

  • Bathrooms

    9

  • 1/2 Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Attic Fan, Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central

  • Main Level Bedrooms

    7

  • Pet friendly

    Yes

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Stucco

  • Other Exterior Features

    Balcony

  • Parking

    Attached, Garage, On Street

  • Patio and Porch Features

    Covered

  • Pool

    Yes

  • Pool Features

    Private

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.6

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Mediterranean

Price

  • Sales Price

    $6,250,000

  • Tax Amount

    $52,646

  • Sq. Footage

    6, 245

  • Price/SqFt

    $1,000

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Association Amenities

    None

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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Palm Beach

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Listing Courtesy of David Poli Burck , Compass Florida LLC

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Discover one of the most storied residences in downtown West Palm Beach, Grandview Gardens. Originally built in 1925, this Mediterranean Revival estate embodies the architectural grace and tropical allure that define South Florida's golden era, offering a rare blend of historic pedigree, income potential, and modern livability. Set on over a half an acre within the Grandview Heights Historic District, the property spans more than 7,700 square feet across two distinct structures and the inclusion of 734 Palm Street further enhances this potential, offering additional lot depth and street access for future improvements or guest accommodations. The main residence, nearly 5,000 square feet, features 6 bedrooms, 4.5 baths, and an abundance of old-world character, graceful archways, original hardwood and terracotta flooring, high pecky cypress ceilings, and elegant entertaining spaces that open seamlessly to the tropical gardens. 2 additional stand alone structures, totaling approximately 2,800 square feet, houses 5 private suites each with its own entrance, en-suite bath, and outdoor terrace. Perfect for visiting guests, multigenerational living, or continued use as a boutique bed and breakfast. Potential opportunity exists to add 5 additional rooms as permitted by the Bed & Breakfast license; however, this expansion is subject to city and historic board approval. The estate is equipped with two full laundry rooms for guest and staff use, and on-site staff currently resides on the property and will convey with the sale, ensuring a seamless transition for continued operations or personal management. The grounds evoke a private resort, surrounded by mature palms, stone pathways, an inviting inground pool and lush greenery, creating the perfect setting for outdoor entertaining and relaxation. A two-car garage and additional off-street parking complete the property's exceptional functionality. Ideally located just five blocks from the Intracoastal Waterway and within walking distance to CityPlace, the Norton Museum, and the restaurants of downtown West Palm Beach, this residence blends historic charm with modern convenience. Whether envisioned as a signature private estate, a multi-unit income property, or continuing with one of the highest-rated luxury lodging facilities in the state, 1608 Lake Avenue & 734 Palm St. stand as a once-in-a-generation opportunity and the largest landmarked estates in West Palm Beach's most desirable historic enclave.

1608 Lake Avenue

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