1608 Lake Avenue, West Palm Beach, FL 33401
- $6,250,000
- $6,250,000
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 three 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.
Address
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Address: Lake
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City: West Palm Beach
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State/county: Palm Beach
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Zip/Postal Code: 33401
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Area: West Palm Beach
Details
Updated on March 30, 2026 at 6:06 pm-
Property ID R11134484
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Price $6,250,000
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Land Area 0.6 Sq Ft
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Bathrooms 10
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Year Built 1924
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Property Type HotelMotel
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Property Status Commercial Sale
Additional details
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Building Area Total 7784
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CoListAgentDirectPhone 973-222-5038
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CoListAgentEmail jeffcoe@compass.com
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CoListAgentFullName Jeffrey Coe
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CoListAgentMlsId 276767862
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CoListAgentOfficePhone 561-285-4794
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CoListOfficeAOR BeachesMls
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CoListOfficeEmail brokerfl@compass.com
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CoListOfficeKey 5935212
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CoListOfficeMlsId 276810498
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CoListOfficeName Compass Florida, LLC (Jupiter)
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CoListOfficePhone 561-285-4794
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Cooling CentralAir, CeilingFans, WallWindowUnits
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Days On Market 147
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Documents Available Financials
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Electric Phases3
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Flooring Tile
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Heating Central, WallFurnace
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Levels Two
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ListAgentURL https://www.compass.com/agents/miami/david-burck/
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Listing Terms Cash, Conventional
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Lot Features CityLot
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Lot Size Area 26136
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Lot Size Square Feet 26136
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Mobile Dim Units Feet
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NumberOfUnitsTotal 10
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Possession Negotiable
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Security Features SmokeDetectors
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Sewer PublicSewer
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SpecialLicenses Occupational
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Stories 2
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Street Suffix Avenue
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Tax Annual Amount 52646
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Utilities CableAvailable
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Water Source Public
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Zoning SF14-C2—HIST. S
Features
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