436 38th Street, West Palm Beach, FL 33407

$899,000 · Active

MLS #B26085922

Price

$899,000

Status

Active

Bedrooms

4

Bathrooms

3

Living area

1,479 sq ft

Home type

Single Family Residence

Year built

1940

Lot size

0.14 acres

Full bathrooms

3

Half bathrooms

0

County

Palm Beach County

Annual property taxes

$18,045

Subdivision

NORTHWOOD ADD,NORTHWOOD

Style

"Mediterranean"

Appliances & Equipment

Appliances: Dishwasher, Dryer, Washer

Bathrooms

Full Bathrooms: 3 · Bathrooms Total: 3

Bedrooms

Total Bedrooms: 4 · Features: None

Building

Living Area: 1479 · Architectural Style: Mediterranean · Construction Materials: CBS Construction · Levels: 1 · Stories: 1 · Year Built: 1940 · Year Built Details: Resale · Building Area Total: 1479 · Entry Location: Foyer · Furnished: Furnished,Furniture Only · Structure Type: House

Cooling

Cooling: Central Air

Exterior Features

Patio/Porch: Patio

Fence

Fencing: Fenced

Floors

Flooring: Wood

Water Features

Water Source: "Public"

Heating

Heating: Central

Interior Features

Features: Entrance Foyer, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Maid'S Quarters

Lot

Acres: 0.14 · Square Feet: 6000 · Features: Less Than 1/4 Acre Lot, Less Than 1 Acre, Fenced

Parking

Open Parking · Parking Total: 2 · Features: Driveway, Paver Block

Property

Leasable Area Units: Square Feet

Roof

Roof: Barrel, Barrel Roof

Sewer

Sewer: Public Sewer, Public Sanitation, Private Treatment Plant, Sewer, On-Site Treatment

Utilities

Utilities: Cable Connected, Electricity Connected, Cable Available, Electricity Available, Water Available

Windows

Features: Partial Impact Glass, Partial Panel Shutters/Awnings

Elementary school

Northmore

Middle school

John F. Kennedy

High school

Palm Beach Lakes

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About this home

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.

Courtesy of Tolliver Prince Realty.

Contact LPT Realty at (877) 366-2213 to ask about this home.