258 Granada Rd, West Palm Beach

$4,195,000

5 Beds
4 Baths
3,210 Sqft
.14 Acres
1 Garages

This meticulously restored historic residence, boasting 3,724 square feet of timeless elegance, comprises a 2,810 square foot main house with 5 bedrooms and 3.5 baths, complemented by an 850 square foot detached guest apartment and garage. Preserving the opulent charm of the 1920s, the home features impeccably maintained original details, now safeguarded by impact windows and doors. A spacious gourmet kitchen, adorned with bespoke cabinetry and quartz countertops, adjoins a luminous living room with soaring coved ceilings and an original fireplace. The den's striking black and white checked floor captivates, yet it's the dining room, crowned by a two-story atrium ceiling, that commands attention.Upstairs, panoramic vistas of the Intracoastal waterway enhance the allure, especially from the master suite's balcony. Marble accents grace the master bath, while ample closets grace the two additional bedrooms. A picturesque atrium, with pecky cypress ceiling and shuttered openings, imbues the second floor with a unique ambiance. An air-conditioned garage accommodates a guest apartment, featuring a full bath and kitchen. The backyard, reminiscent of a magazine spread, offers a covered loggia and a heated pool. Enclosed by walls, fencing, and electronic gates, this property epitomizes the grandeur of El Cid's showcase homes. For those interested in increasing their passive cashflow while residing elsewhere, this could be the perfect investment for you the main home can be rented for $13,000 per month, and the one-bedroom studio can fetch $1,750 per month. If that's not enticing enough, consider the Airbnb potential, which has the capacity to generate an additional $136,000 per year. What's more, the garage below the studio presents the opportunity for conversion into another unit, transforming this investment into a potential triplex. This property is truly a cash cow don't miss out on this incredible investment opportunity!

Essential Information
MLS® #RX-10959545
Price$4,195,000
Bedrooms5
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage3,210
Acres0.14
Year Built1925
TypeResidential
StyleSpanish, Old Spanish
StatusPrice Change
Sub-Type

Residential, Single Family Detached

Community Information
Address258 Granada Rd
Area5440
SubdivisionEL CID
CityWest Palm Beach
CountyPalm Beach
StateFL
Zip Code33401
Amenities
AmenitiesBike - Jog, Sidewalks
UtilitiesPublic Sewer, Public Water
# of Garages1
ViewGarden, Intracoastal, Pool
WaterfrontNone
Has PoolYes
PoolInground
Parking

Driveway, Street, Garage - Detached

Interior
HeatingCentral
CoolingCentral
FireplaceYes
# of Stories2
Stories2.00
Interior Features

Ctdrl/Vault Ceilings, Entry Lvl Lvng Area, Fireplace(s), Cook Island, Sky Light(s), Split Bedroom, Walk-in Closet, Decorative Fireplace

Appliances

Dishwasher, Dryer, Range - Electric, Refrigerator, Washer

Exterior
Exterior FeaturesCovered Balcony, Cabana
Lot Description< 1/4 Acre
RoofBarrel
ConstructionFrame, Frame/Stucco
School Information
ElementaryBelvedere Elementary School
MiddleConniston Middle School
High

Forest Hill Community High School

Additional Information
Date ListedFebruary 14th, 2024
Days on Market78
ZoningSF14(c
Office

Woyce Realty Investments & Consulting Inc.

Property History
Status Changed from Active to Price Change
Price Reduced from $4,499,000 to $4,195,000
Status Changed from New to Active
Status Changed from Coming Soon to New
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All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on May 2nd, 2024 at 6:15am EDT.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on May 2nd, 2024 at 6:00am EDT.

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