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Off market
  • $3,484,400

    1608 Lake Ave, West Palm Beach, FL 33401

    10beds
    7,784sqft
    SingleFamily
    Built in 1925
    0.47 Acres Lot
    $3,484,400 Zestimate®
    $448/sqft
    $2,621 Estimated rent

    Home value

    $3,484,400

    $2.89M - $4.25M

    $2,621/mo

    Zestimate® history
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    What's special

    Holly Meyer Lucas and the Meyer Lucas Team at Compass present: The Grandview Estate - South Florida's most unique real estate opportunity! Contact the Meyer Lucas team for more information about this one-of-a-kind property - 5614065228 or email hello@meyerlucas.com. -- The largest landmarked residence located in the popular Grandview Heights Historic District adjacent to downtown West Palm Beach, this property is located 5 blocks off the intracoastal waterway and is currently configured to be a spacious residence with 7 separate units (can be rented or combined for a one-of-a-kind estate). The main historic structure features 4967 square feet with 6 bedrooms 4 ½ bathrooms. In addition, there is a separate 2817 square ft newer structure with 5 bed & breakfast units which feature ensuite bathrooms, outside private entrances, terraces and balconies. The current bed & breakfast operation at the property, Grandview Gardens Bed & Breakfast, is one of the highest-rated public lodging facilities in the state, however new owner can combine the entire property if they wish, to create an iconic residence on one of the largest residential lots in all of Palm Beach. If the buyer wishes to maintain the Bed and Breakfast, this real estate purchase includes the historic property and its loyal client base, 100+ 5-star reviews across a multitude of third party hotel booking syndicates, and over 400 positive reviews on TripAdvisor alone. The public school district for this property includes Palm Beach Public Elementary on Palm Beach island, the highest rated elementary school in Palm Beach County. One of the highest rated high schools in Florida, Alexander W. Dreyfoos School of the Arts, is walking distance. IMAGINE owning a historic Palm Beach estate, so charming, unique and rich with history that visitors have described it as ''the Secret Garden of the Palm Beaches'' and ''Enchanting from the moment you step foot on the property''. Nestled back in a tropical garden setting on a beautiful tree lined street, this historically landmarked 1925 Mediterranean Revival has been carefully restored and transformed into one of the Palm Beach area's most unique, intimate resort/residences. Lush, tropical gardens and a quaint winding path leads guests to the romantic picturesque entrance of the estate. Upon entering the property, be prepared to be swept away by the vaulted foyer/living room exuding historical charm through the pecky cypress finishes and the focal coral stone fireplace. The formal dining space and breakfast loggia showcase the continuation of Spanish Mediterranean influences throughout the home. The wood and teracotta floors and arched doorways flowing throughout the estate are some examples of the periodic architectural details prevalent in the home. There are laundry facilities and a two car garage with plenty of parking on the quiet street. Located along Howard Park in Grandview Heights, one of West Palm Beach's most desirable downtown neighborhoods with easy access (5-10 min) to Palm Beach and the beaches. Walking distance to the main attractions of downtown West Palm Beach, including City Place, Himmel Theater, Kravis Center for the Performing Arts, The Norton Museum of Art, and an abundance of excellent cuisine!. As an option, buyers can also add the property at 734 Palm Street next door for 3 more additional bedrooms for $400,000. Listed separately but can be part of total B&B operation. Contact the Meyer Lucas Team today to schedule your showing of this magnificent real estate opportunity in historic West Palm Beach. 5614065228 or email hello@meyerlucas.com

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 1
    • Full bathrooms: 9
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Inside, W/D Hookup
    Features
    • Pantry, Walk-In Closet(s), Storage, Entrance Foyer, Den/Office, Volume Ceiling, Family, Ctdrl/Vault Ceilings, Stack Bedrooms, Maid/In-Law
    • Flooring: Tile, Hardwood
    • Doors: French Doors
    • Windows: Blinds, Drapes, Arched
    • Basement: None
    • Has fireplace: Yes
    • Fireplace features: Decorative, Fireplace(s)
    • Furnished: Yes
    Interior area
    • Total interior livable area: 7,784 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Attached
    Features
    • Patio & porch: Open Patio
    • Exterior features: Stucco
    • Pool features: Heated, Private
    • Fencing: Fenced
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.47 Acres
    • Features: Corner Lot, Auto Sprinkler, 1/4 to 1/2 Acre
    Details
    • Additional structures: Cottage
    • Parcel number: 74434328050002500
    • Zoning: SF14(c
    • Special conditions: Sold As-Is, Historic Designation

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean, Spanish
    Materials
    • masonry
    • Roof: Tile
    Condition
    • Resale
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Cable Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s), Fire Sprinkler System, Security Fence
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $448/sqft
    • Tax assessed value: $2,270,083
    • Annual tax amount: $44,020
    • Inclusions: Refrigerator, Smoke Detector, Dryer, Washer, Dishwasher, Disposal, Microwave, ice maker, freezer, Wall Oven, Auto Garage Open, Range - Electric, Water Heater - Elec

    Price history

    DateEventPrice
    10/24/2025Listed for sale$6,250,000+208.6%$803/sqft
    Source: BeachesMLS #RX-11134881 Report a problem
    8/4/2020Sold$2,025,000+1.3%$260/sqft
    Source: BeachesMLS #R10508878 Report a problem
    7/31/2020Listed for sale$1,999,000$257/sqft
    Source: Compass Florida LLC #RX-10508878 Report a problem
    7/31/2020Pending sale$1,999,000$257/sqft
    Source: Compass Florida LLC #RX-10508878 Report a problem
    6/4/2020Price change$1,999,000-4.8%$257/sqft
    Source: Compass Florida LLC #RX-10508878 Report a problem
    5/30/2020Price change$2,100,000-12.3%$270/sqft
    Source: Compass Florida LLC #RX-10508878 Report a problem
    2/12/2020Price change$2,395,000-4%$308/sqft
    Source: Compass Florida LLC #RX-10508878 Report a problem
    10/3/2019Price change$2,495,000-15.4%$321/sqft
    Source: Compass Florida LLC #RX-10508878 Report a problem
    2/28/2019Listed for sale$2,950,000+18.5%$379/sqft
    Source: Compass Florida LLC #RX-10508878 Report a problem
    12/30/2018Listing removed$2,490,000$320/sqft
    Source: Premier Estate Properties #RX-10443589 Report a problem
    6/1/2018Price change$2,490,000-6.9%$320/sqft
    Source: The Corcoran Group #11352 Report a problem
    1/17/2018Listed for sale$2,675,000+510%$344/sqft
    Source: The Corcoran Group #RX-10397468 Report a problem
    3/20/2001Sold$438,500+59.5%$56/sqft
    Source: Public Record Report a problem
    12/10/1998Sold$275,000$35/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$44,020 +4.5%$2,034,896 +10%
    2024$42,119 +3.7%$1,849,905 +10%
    2023$40,606 +18.4%$1,681,732 +10%
    2022$34,295 +10.5%$1,528,847 +10%
    2021$31,024 +120.5%$1,389,861 +114.9%
    2020$14,068 +1.3%$646,651 +2.3%
    2019$13,889 $632,112 +1.9%
    2018$13,889 +5.2%$620,326 +2.1%
    2017$13,205 +1.1%$607,567 +2.1%
    2016$13,065 +0.2%$595,071 +0.7%
    2015$13,043 +36.4%$590,934 +0.8%
    2014$9,562 -5.4%$586,244 -1.3%
    2011$10,113 -24.2%$593,698 -19.3%
    2009$13,350 +10.2%$735,645 +0.1%
    2007$12,119 -4.8%$734,907 +2.5%
    2006$12,728 $716,982 +3%
    2005-- $696,099 +76%
    2004$5,663 +5345%$395,402 +1.9%
    2003$104 -98.8%$388,029 +7.9%
    2002$8,956 +88.7%$359,571 +70.9%
    2001$4,747 +3.2%$210,344 +3%
    2000$4,600 +6.2%$204,217 +2.7%
    1999$4,331 $198,848
    Find assessor info on the county website

    Neighborhood: Grandview Heights

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Palm Beach Public
    • Middle: Conniston Middle School
    • High: Forest Hill Community High School

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,484,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,484,400