258 Granada Road

West Palm Beach, FL 33401

$3,975,000
Price
Beds
3,210 Sq. Ft.
$1,238 / Sq. Ft.
3,210
Sq. Ft.
$1,238
per Sq. Ft.

Description

This meticulously restored historic Spanish-style residence in El Cid's community offers an outstanding investment opportunity. With 4 bedrooms and 2.5 baths, including a studio at the back of the home, this property is primed for investors. Preserving the lavish charm of the 1920s, the house boasts meticulously maintained original details, enhanced with impact windows and doors. It's a duplex with excellent income potential--the main home can be rented for $13,000 per month, and the one-bedroom...This meticulously restored historic Spanish-style residence in El Cid's community offers an outstanding investment opportunity. With 4 bedrooms and 2.5 baths, including a studio at the back of the home, this property is primed for investors. Preserving the lavish charm of the 1920s, the house boasts meticulously maintained original details, enhanced with impact windows and doors. It's a duplex with excellent income potential--the main home can be rented for $13,000 per month, and the one-bedroom studio can fetch $1,750 per month.
  1. Listed by Emanuel Fleurantin • Woyce Realty Investments & Consulting Inc.
  2. Listed by Cameron Smith • Woyce Realty Investments & Consulting Inc.

Property Details for 258 Granada Road

Subdivision
EL CID
Waterfront
No
Waterfront Details
None
Style
Pool Only

Location

Listing Courtesy of Woyce Realty Investments & Consulting Inc.
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LISTING UPDATED: 05/14/2024 07:25 AM

Property Details for 258 Granada Road

StatusActive
MLS #RX-10959728
Days on Market85
Taxes$43,555 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1925
Lot Size0.14 AC / 6,247 SF
CountyPalm Beach County

Location

Listing Courtesy of Woyce Realty Investments & Consulting Inc.
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Virtual Tour

Building Information for 258 Granada Road

Stories2Residences2Year Built1925Building Size-Lot Size0.14 AC / 6,247 SF

Payment Calculator

$25,323 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,693

Property Taxes

$3,630

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 258 Granada Road

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: I-95 to Belvedere Road. Head East to S Olive Ave. Left on S Olive Ave. Turn right on to Granada Road. Home is on the right hand side.
  • Geo Area: Palm Beach 5420; 5430; 5440
  • Street Number: 258
  • Subdivision Complex Bldg: EL CID
  • Municipal Code: West Palm Beach
  • State: FL
  • City Postal ID: 33401
  • MLS Area: 5440
  • MLS Sub Area: PB20
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 3%
  • HOPA: No Hopa
  • Tax Year: 2023
  • Maintenance Fee Incl: None
Property
Lot Information
  • Area: 5440
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Parcel ID: 74434327210090210
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 3,674
  • Square Ft Source: Appraisal
  • Zoning: SF14(c
Property and Assessments
  • Legal Desc: EL CID LTS 21 & 22 BLK 9
  • Sq Ft Liv Area: 3210.0
  • Legal Description: EL CID LTS 21 & 22 BLK 9
Utilities
  • Utilities: Electric, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Frame Construction, Frame With Stucco, Stucco Exterior Construction
  • Exterior Features: Covered Balcony, Covered Patio, Fence
  • Private Pool: Yes
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: Bike - Jog, Sidewalks
  • Gated Community YN: No
  • Structure Type: Duplex
Interior Features
  • Roof: Barrel
  • Separate Elec Meters: No
  • Separate Wtr Meters: No
  • Cooling: Ceiling Fan, Central, Wall-Win A/C
  • Flooring: Ceramic Tile, Tile, Wood Floor
  • Heating: Central, Electric
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $109,865.00
  • Income & Expenses: Annual Total Expense: $67,135.00
  • Income & Expenses: Gross Operating Inc: $177,000.00
  • Tenant Pays: Cable, Electric, Water
Unit 1
  • Unit 1 Desc: A/C Unit, Cathed/Vault Ceiling, Dishwasher, Electric Meter, Kitchen, Laundry Tub, Microwave, Range - Electric, Refrigerator, Skylight, Split Bedrooms, Walk-in Closets
  • Unit 1 Info: Full Bath: 2
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Half Bath: 1
  • Unit 1 Info: Monthly Income: 13,000
  • Unit 1 Info: SqFt: 2874.0
  • Unit 1 Parking: Auto Garage Door, Garage - Detached
Unit 2
  • Unit 2 Desc: A/C Unit, Kitchen, Refrigerator
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $1,750
  • Unit 2 Info: SqFt: 800.0
  • Unit 2 Parking: None
Rental
Rental Information
  • Pets on Premises: No

Property History for 258 Granada Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 258 Granada Road

Taxable ValueLand-Additions-Total-
Tax Record2023$21,609 ($1,801 / month)
Home Facts
Beds4Baths4Total Finished SqFt2,810 SqFtAbove Grade Finished SqFt2,810 SqFtStories2Lot Size6,247 SqFtStyleSingle Family ResidenceYear Built1925Year Renovated2015ZoningSF14-C3CountyPALM BEACHAPN74-43-43-27-21-009-0210

Schools near 258 Granada Road

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Palm Beach Public School
PublicPK to 5

Conniston Middle School
Public6 to 8

Forest Hill Community High School
Public9 to 12

Academy For Positive Learning
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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258 Granada Road is a multi-family home for sale in West Palm Beach, FL 33401. This property was listed for sale on February 14, 2024 by Woyce Realty Investments & Consulting Inc., it's currently listed at $3,975,000. It has been on the market for a total of 85 days and was last sold on March 11, 2021. This listing's school district is Palm Beach. Nearby schools include Palm Beach Public School, Conniston Middle School and Forest Hill Community High School. 258 Granada Road is a 0-bed, 0-bath, 3,210 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Woyce Realty Investments & Consulting Inc.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.