Interior
- Bedrooms
- 4
- Bathrooms
- 5
- Living area
- 2,480 sq ft
Active · SingleFamilyResidence
$1,750,000
1412 Lake Avenue, West Palm Beach, FL 33401
- Beds
- 4
- Baths
- 5
- Living area
- 2,480 sq ft
- $ / sq ft
- $706/sq ft
- Year built
- 1935
- Lot size
- 8,300 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Park View on Lake Avenue in Historic Grandview Heights. Signature property on oversized corner lot with resort style pool & mature tropical landscaping. This show stopping 4BR/4.5BTH retreat is steeped in history and reinvention. Originally built as a neighborhood drug store, then reinvented into a bodybuilding gym and now re-envisioned by the current owner into a tropical residential resort property. Entrance to property is on New York Street. Step through the gated entry into a private Oasis of water features and lush tropical landscaping creating the utmost of privacy. This single family retreat can also be utilized as 2 separate 2 bedroom residences with dramatic designer interiors, amazing living & dining rooms, full kitchens, separate laundry. Full impact windows & doors.
Property location
Get Directions1412 Lake Avenue, West Palm Beach, FL 33401
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1935
- Lot size
- 8,300 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Palm Beach
- MLS listing ID
- R11137551
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$3,738
- Cap rate
- 3.1%
- Net yield
- 3.1%
- Cash-on-cash return
- -9.2%
- Gross yield
- 6.4%
- Mortgage payment
- $8,296/mo
- Down payment
- $437,500
- Loan amount
- $1,312,500
- Annual NOI
- $54,692
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.