Current Price:$3,975,000List Date:2/23/2024Last Modified:5/17/2024
Description
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.
Supplements: 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!
Type: Single Family DetachedGoverning Bodies: NoneMain Level Bedrooms: 1Total Bedrooms: 5Main Level Bathrooms: 1Baths - Full: 3Baths - Half: 1Baths - Total: 3.1Property Condition: ResaleYear Built: 1925SqFt - Total: 3674SqFt - Living: 3210SqFt Source: Tax RollsGated Community: NoGarage Spaces: 1Covered Spaces: 1Homeowners Assoc: NoneAssociation Deposit: NoMembership Fee Required: NoCapital Contribution: NoDirections: I-95 to Belvedere Road. Head East to S Olive Ave. Left on S Olive Ave. Turn right on to Granada Road. Home is on the right hand side.Subdivision: EL CIDLegal Desc: EL CID LTS 21 & 22 BLK 9Lot SqFt: 6247Waterfront: NoFront Exp: NorthPrivate Pool: YesPets Allowed: YesPets on Premises: NoTotal Floors/Stories: 2
Location, Tax & Legal
Area: 5440Geo Area: PB20Country: United StatesCounty: Palm BeachParcel ID: 74434327210090210Street #: 258Street Name: GranadaStreet Suffix: RoadState/Province: FLZip Code: 33401Zoning: SF14(cTax Year: 2023Taxes: 43555.4Special Assessment: NoShort Sale: NoShort Sale A/U: N/AShort Sale Addendum: NoREO: NoHOPA: No HopaElementary School: Belvedere Elementary SchoolMiddle School: Conniston Middle SchoolHigh School: Forest Hill Community High SchoolGeo Lat: 26.693282Geo Lon: -80.050873
Office/Member Info
DXORIGMLNO: RX-10959545DXORIGMLSID: RML
Storm Protection
Impact Glass: Complete
Property Features
Design: Old Spanish; SpanishConstruction: Frame; StuccoView: Garden; Intracoastal; PoolWaterfront Details: NonePrivate Pool Description: IngroundLot Description: < 1/4 AcreExterior Features: Cabana; Covered BalconyInterior Features: Ctdrl/Vault Ceilings; Decorative Fireplace; Entry Lvl Lvng Area; Fireplace(s); Kitchen Island; Sky Light(s); Split Bedroom; Walk-in ClosetPorch/Patio/Balcony: Balcony; PatioMaster Bedroom/Bath: Dual Sinks; Mstr Bdrm - Upstairs; Separate ShowerFurnished: UnfurnishedRooms: Den/Office; Family; Garage Apartment; Great; Laundry-Inside; Laundry-Util/Closet; Maid/In-Law; Studio BedroomParking: Driveway; Garage - Detached; StreetSubdiv. Amenities: Bike - Jog; SidewalksMaintenance Fee Incl: NoneRestrict: NoneSecurity: TV CameraMembership: No Membership AvailFlooring: Ceramic Tile; Tile; Wood FloorHeating: CentralCooling: CentralEquip/Appl Included: Dishwasher; Dryer; Range - Electric; Refrigerator; WasherDining Area: FormalRoof: BarrelTerms Considered: Cash; ConventionalUtilities: Public Sewer; Public WaterTaxes: No HomesteadPossession: At Closing; FundingShowing Instructions: Text Listing Agent
Listing Office: Woyce Realty Investments & Consulting Inc.
Last Updated: May - 17 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Current Price:$3,975,000List Date:2/23/2024Last Modified:5/17/2024
Description
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.
Supplements: 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!
Type: Single Family DetachedGoverning Bodies: NoneMain Level Bedrooms: 1Total Bedrooms: 5Main Level Bathrooms: 1Baths - Full: 3Baths - Half: 1Baths - Total: 3.1Property Condition: ResaleYear Built: 1925SqFt - Total: 3674SqFt - Living: 3210SqFt Source: Tax RollsGated Community: NoGarage Spaces: 1Covered Spaces: 1Homeowners Assoc: NoneAssociation Deposit: NoMembership Fee Required: NoCapital Contribution: NoDirections: I-95 to Belvedere Road. Head East to S Olive Ave. Left on S Olive Ave. Turn right on to Granada Road. Home is on the right hand side.Subdivision: EL CIDLegal Desc: EL CID LTS 21 & 22 BLK 9Lot SqFt: 6247Waterfront: NoFront Exp: NorthPrivate Pool: YesPets Allowed: YesPets on Premises: NoTotal Floors/Stories: 2
Location, Tax & Legal
Area: 5440Geo Area: PB20Country: United StatesCounty: Palm BeachParcel ID: 74434327210090210Street #: 258Street Name: GranadaStreet Suffix: RoadState/Province: FLZip Code: 33401Zoning: SF14(cTax Year: 2023Taxes: 43555.4Special Assessment: NoShort Sale: NoShort Sale A/U: N/AShort Sale Addendum: NoREO: NoHOPA: No HopaElementary School: Belvedere Elementary SchoolMiddle School: Conniston Middle SchoolHigh School: Forest Hill Community High SchoolGeo Lat: 26.693282Geo Lon: -80.050873
Office/Member Info
DXORIGMLNO: RX-10959545DXORIGMLSID: RML
Storm Protection
Impact Glass: Complete
Property Features
Design: Old Spanish; SpanishConstruction: Frame; StuccoView: Garden; Intracoastal; PoolWaterfront Details: NonePrivate Pool Description: IngroundLot Description: < 1/4 AcreExterior Features: Cabana; Covered BalconyInterior Features: Ctdrl/Vault Ceilings; Decorative Fireplace; Entry Lvl Lvng Area; Fireplace(s); Kitchen Island; Sky Light(s); Split Bedroom; Walk-in ClosetPorch/Patio/Balcony: Balcony; PatioMaster Bedroom/Bath: Dual Sinks; Mstr Bdrm - Upstairs; Separate ShowerFurnished: UnfurnishedRooms: Den/Office; Family; Garage Apartment; Great; Laundry-Inside; Laundry-Util/Closet; Maid/In-Law; Studio BedroomParking: Driveway; Garage - Detached; StreetSubdiv. Amenities: Bike - Jog; SidewalksMaintenance Fee Incl: NoneRestrict: NoneSecurity: TV CameraMembership: No Membership AvailFlooring: Ceramic Tile; Tile; Wood FloorHeating: CentralCooling: CentralEquip/Appl Included: Dishwasher; Dryer; Range - Electric; Refrigerator; WasherDining Area: FormalRoof: BarrelTerms Considered: Cash; ConventionalUtilities: Public Sewer; Public WaterTaxes: No HomesteadPossession: At Closing; FundingShowing Instructions: Text Listing Agent
Listing Office: Woyce Realty Investments & Consulting Inc.
Last Updated: May - 17 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.