This charming property is located in the heart of the Grandview Heights historical district. Between 2018 and 2020 it was completely renovated to a condition that is equivalent to new construction. Main house is 1,121sf 2-Bedroom, 2-Bath with back deck overlooking in-ground pool area. The Pool House is a 224sf studio apartment with full bath & laundry. 100% new build. Grand Total Structure is 1,345sf. Currently operated as a very successful short term rental with bookings in place. Notice to show. Sold TURN-KEY Professional Engineer and Licensed Building Contractor.Between 2018 and 2020 the house was completely renovated to a condition that is equivalent to new construction. The 1920's house was gutted inside, all existing framing exposed and tied down with hurricane straps. All new reinforced concrete footers were installed on each side and down the center with a new center support wall, a concrete stub wall in the rear addition, and anchoring was completed from roof to footers with reinforced timbers and strapping. An all new roof system was installed and the house was fitted with new hurricane rated impact windows and doors. All new electric (panel and wires), plumbing, mechanical, HVAC systems were installed. A new concrete block pool house was built on a new slab. All utilities were routed underground so the house has no aboveground wires or connections. All work was performed with historic approval and building permits and signed off by a Professional Engineer and Architect.
Sold for $1,680,000
$1,680,000
723 Penn Street, West Palm Beach, FL 33401
3beds
1,339sqft
Single Family Residence
Built in 1935
5,246 Square Feet Lot
$1,592,500 Zestimate®
$1,255/sqft
$5,873 Estimated rent
Home value
$1,592,500
$1.43M - $1.78M
$5,873/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Robert Lee Kemp 561-309-6246,
Douglas Elliman
Bought with:
Natalie Sterling, 3392887
Sotheby's Intl. Realty, Inc.
Source: BeachesMLS,MLS#: R11139408
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 120
- Dimensions: 10 X 12
Bedroom 2
- Level: Main
- Area: 120
- Dimensions: 10 X 12
Dining room
- Level: Main
- Area: 120
- Dimensions: 12 X 10
Florida room
- Level: Main
- Area: 88
- Dimensions: 11 X 8
Kitchen
- Level: Main
- Area: 156
- Dimensions: 12 X 13
Living room
- Level: Main
- Area: 132
- Dimensions: 12 X 11
Other
- Description: Pool cabana/3rd Bdrm
- Area: 224
- Dimensions: 14 X 16
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
- Laundry: Inside
Features
- Entrance Foyer, Living/Dining Room, Main Level Primary, Split Bedrooms, Storage, Separate Shower
- Flooring: Ceramic Tile, Wood
- Windows: Blinds
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total structure area: 1,345
- Total interior livable area: 1,339 sqft
Property
Parking
- Total spaces: 4
- Parking features: Guest, Open, On Street
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Exterior features: Outdoor Living Area
- Has private pool: Yes
- Pool features: Heated, In Ground
- Fencing: Fenced
- Has view: Yes
- View description: Garden, Pool
- Waterfront features: None
Lot
- Size: 5,246 Square Feet
- Dimensions: 50 x 104
- Features: Interior Lot, Sprinklers Automatic
Details
- Additional structures: Cabana
- Parcel number: 74434328050002650
- Zoning: SF14-2 HISTORIC
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Tar/Gravel
Condition
- Resale
- New construction: No
- Year built: 1935
Utilities & green energy
- Electric: 3 Phase
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Sidewalks
- Security: Security System, Smoke Detector(s)
- Subdivision: GRANDVIEW HEIGHTS
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: West Palm Beach
Financial & listing details
- Price per square foot: $1,255/sqft
- Tax assessed value: $863,216
- Annual tax amount: $17,955
- Date on market: 11/10/2025
- Cumulative days on market: 31 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2025 | Sold | $1,680,000-6.4%$1,255/sqft |
Source:  BeachesMLS #R11139408 Report a problem | ||
| 12/11/2025 | Pending sale | $1,795,000$1,341/sqft |
Source:  Douglas Elliman #RX-11139408 Report a problem | ||
| 11/10/2025 | Listed for sale | $1,795,000+38.1%$1,341/sqft |
Source: BeachesMLS #RX-11139408 Report a problem | ||
| 5/2/2022 | Sold | $1,300,000-5.5%$971/sqft |
Source: BeachesMLS #F10320284 Report a problem | ||
| 4/5/2022 | Pending sale | $1,375,000$1,027/sqft |
Source: Douglas Elliman #F10320284 Report a problem | ||
| 4/4/2022 | Listed for sale | $1,375,000$1,027/sqft |
Source: Douglas Elliman #F10320284 Report a problem | ||
| 3/27/2022 | Pending sale | $1,375,000$1,027/sqft |
Source: BeachesMLS #F10320284 Report a problem | ||
| 3/7/2022 | Listed for sale | $1,375,000+832.2%$1,027/sqft |
Source: BeachesMLS #F10320284 Report a problem | ||
| 1/9/2015 | Sold | $147,500-7.8%$110/sqft |
Source: Public Record Report a problem | ||
| 8/29/2014 | Listing removed | $159,900$119/sqft |
Source: Homepath #RX-10042518 Report a problem | ||
| 8/16/2014 | Price change | $159,900-8.6%$119/sqft |
Source: Homepath #RX-10042518 Report a problem | ||
| 7/19/2014 | Price change | $174,900-5.4%$131/sqft |
Source: Homepath #RX-10042518 Report a problem | ||
| 6/20/2014 | Price change | $184,900-5.1%$138/sqft |
Source: Homepath #RX-10042518 Report a problem | ||
| 5/21/2014 | Listed for sale | $194,900$146/sqft |
Source: Acquired Realty & Investments, Inc. #RX-10042518 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,955 -4% | $863,216 -4.1% |
| 2024 | $18,706 -4.6% | $900,197 -4% |
| 2023 | $19,612 +74.8% | $937,993 +80.8% |
| 2022 | $11,219 +59.9% | $518,784 +90% |
| 2021 | $7,016 +37.8% | $273,082 +31.3% |
| 2020 | $5,093 +0.9% | $207,988 +1.5% |
| 2019 | $5,046 | $204,856 +10% |
| 2018 | $5,046 +18.6% | $186,233 +8.1% |
| 2017 | $4,254 +6.9% | $172,344 +8.1% |
| 2016 | $3,980 +5.6% | $159,370 +10.2% |
| 2015 | $3,769 +35.6% | $144,579 +34% |
| 2014 | $2,779 +11.7% | $107,886 +10% |
| 2013 | $2,488 +208% | $98,078 +87.5% |
| 2012 | $808 +1% | $52,315 +3% |
| 2011 | $800 +0.4% | $50,791 +1.5% |
| 2010 | $797 +7.9% | $50,040 +2.7% |
| 2009 | $738 +11.4% | $48,724 +0.1% |
| 2008 | $663 +11.8% | $48,675 +3% |
| 2007 | $592 -2.9% | $47,257 +2.5% |
| 2006 | $610 | $46,104 +3% |
| 2005 | -- | $44,761 +3% |
| 2004 | $282 +171.3% | $43,457 +1.9% |
| 2003 | $104 -79.8% | $42,647 +2.4% |
| 2002 | $514 +1.6% | $41,647 +1.6% |
| 2001 | $505 +6.2% | $40,991 +3% |
| 2000 | $476 +39% | $39,797 -27.6% |
| 1999 | $343 | $54,939 |
Find assessor info on the county website
Neighborhood: Grandview Heights
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Nearby schools
GreatSchools rating
- 8/10Palm Beach Public SchoolGrades: PK-5Distance: 1.3 mi
- 4/10Conniston Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Forest Hill Community High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Palm Beach Public
- High: Forest Hill
Source: BeachesMLS. 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
$1,592,500
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Estimated market value
$1,592,500
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