Address
1608 Lake Avenue, West Palm Beach, FL
Price
$ 6,250,000
Property Attributes
  • MLS#RX-11134881
  • TypeSingle Family
  • Listing Status Active
  • CountyPALM BEACH
  • CityWest Palm Beach
  • Area5430
  • NeighborhoodGrandview Heights
  • Zip33401
  • StyleMediterranean
  • Year Built1924
  • Taxes$ 52646
  • Price$ 6,250,000
  • Bedrooms10
  • Full Bathrooms9
  • Half Bathrooms1
  • Sqr Footage6245
  • Lot Size0.6 Acres
Data Source:
Beaches MLS
Property Description

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.

Price History
10/24/2025 Listed $6,250,000

General Features

Construction Stucco
Heating Central
Cooling Attic Fan,Central
Utilities Cable,Public Sewer,Public Water
Possession Funding
Roof Barrel,Mixed,Tar/Gravel
Parking Driveway,Garage - Attached,Street
Pets Allowed Yes
Zoning SF14-C2--HIST. S
HOA None
Number of Garage Spaces 2.00
Status Active
Full Baths 9
Half Baths 1
Year Built 1924
REO No
Subdivision GRANDVIEW HEIGHTS
Type Single Family Detached
Rooms Cottage
Property Type A
Area 5430
Auction No
Tax Year 2025
Terms Considered Cash,Conventional
Gated Community No
Short Sale No
Restrict Historic Designation
Taxes 52646.00
Geo Lat 26.699091
Adult 55+ No Hopa
Governing Bodies None
Membership Fee Required No
Virtual Tour https://www.propertypanorama.com/1608-Lake-Avenue-West-Palm-Beach-FL-33401--RX-11134881/unbranded
Geo Area PB20
Geo Lon -80.059838
Legal Description GRANDVIEW HEIGHTS LTS 250 TO 253 INC (LESS E 6 FT) & LTS 254 TO 257 INC GRANDVIEW HEIGHTS LTS 248 & 249 & E 6 FT OF

Interior Features

Interior Amenities Ctdrl/Vault Ceilings,Fireplace(s),Foyer
Dining Area Dining-Florida,Dining/Kitchen,Formal
Flooring Clay Tile,Wood Floor
Furnished Y/N Furnished
Total Bedrooms 10
Master Bedroom/Bath Mstr Bdrm - Ground
Total Bathrooms 9.10
SqFt - Living 6245.00
Total Floors/Stories 2.00
Equip/Appl Included Cooktop,Dishwasher,Dryer,Microwave,Range - Electric,Refrigerator,Washer

Exterior Features

Lot Description 1/4 to 1/2 Acre,Corner Lot,West of US-1
Exterior Amenities Covered Balcony,Extra Building,Open Balcony
Waterfront No
Waterfront None
Design Mediterranean
Guest House Yes
Private Pool Y/N Yes
Subdiv. Amenities None
Storm Protection None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33401

Price
AVG $1.42M
$6.25M
Taxes
AVG $10,522
$52,646
Year Built
AVG 1962
1924
Visits
AVG 7
1
Data Provided by Inside Real Estate®

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