Property Listing
436 38th Street N, West Palm Beach, FL 33407
$899,000
Beds
4
Baths
3
Square Feet
1,479
Price/SF
$608
Year Built
1940
Property Overview
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 & Details
Location
Explore the property location and surrounding neighborhood context within West Palm Beach.
Mortgage Calculator
Estimate monthly payments and basic cash flow for 436 38th Street N, West Palm Beach, FL 33407.
Estimated Monthly Payment
$6,064
Mortgage, taxes, insurance, and HOA estimate.
Cash Flow Analysis
Mortgage Payment
$4,665
Total Monthly Payment
$6,064
Cash Flow
-$6,064
Disclaimer: This calculator provides estimates for informational purposes only. Actual payments may vary based on lender terms, taxes, insurance, HOA fees, and other costs.
Listing Information
MLS ID: B26039421
Listing Office: Tolliver Prince Realty
Listing Agent: Steven Ray Prince
Source: BeachesMLS
Last Updated: Pending live MLS feed
Listing information is provided for consumer informational purposes only. Data will be updated with required MLS attribution, broker attribution, source disclosure, and accuracy disclaimers once the live IDX/MLS feed is connected.
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