437 Monroe Drive
West Palm Beach, FL 33405
1488 sqft | 5 beds | 3 baths | #RX-11048598
Description
Opportunity Knocks! A Dream Property in Vibrant West Palm Beach
Located in one of West Palm Beach's most desirable neighborhoods, this Cape Cod-inspired property offers an exceptional lifestyle and incredible value. Just steps from the famed Antique Row and minutes from downtown, this fully fenced tropical retreat boasts charm, versatility, and income potential.
Situated on a beautifully landscaped lot, this home features a welcoming wraparound porch, a 1-car garage, and a thoughtfully designed paver brick driveway. Inside, the main house offers 3 bedrooms and 1 bathroom on the main floor, complemented by a loft perfect for an office or additional bedroom. A separate exterior entrance leads to an upstairs apartment, ideal for multi-generational living or accommodating guests, providing added privacy and convenience.
Adding even more value, a detached garage apartment with its own private porch serves as a 1-bedroom, 1-bath studio, currently generating $1,500 per month in rental income.
The West Palm Beach Lifestyle:
" World-Class Dining & Shopping: Stroll to Antique Row for eclectic finds or venture downtown to enjoy upscale dining, designer boutiques, and lively entertainment.
" Outdoor Recreation: From waterfront trails along the Intracoastal to kayaking, paddleboarding, and biking, the area offers endless opportunities for active living.
" Iconic Events: Celebrate the season at the Winter Holiday Boat Parade or enjoy weekly outings to the renowned West Palm Beach GreenMarket.
" Culture at Your Doorstep: Explore the nearby Norton Museum of Art or catch a performance at the Kravis Center for the Performing Arts.
" Prime Location: Minutes to Palm Beach Island, Clematis Street, and pristine beaches, this home is at the center of it all.
Whether you're seeking a charming residence with built-in rental income and multi-generational living options or an investment in the heart of one of South Florida's most vibrant communities, this property is a rare opportunity to embrace the best of West Palm Beach living. Don't miss your chance to make this dream property yours!
Property Details
- Utility FeaturesCable Connected, Electricity Connected, Gas Natural, Public Sewer, Public Water
- Exterior FeaturesAuto Sprinkler, Deck, Extra Building, Fence, Open Porch, Wrap Porch
- Exterior MaterialsAuto Sprinkler, Deck, Extra Building, Fence, Open Porch, Wrap Porch
- InteriorUpstairs Living Area, Foyer, Entry Lvl Lvng Area
- Property SubtypeSingle Family Detached
- CoolingCeiling Fan, Electric
- HeatingWindow/Wall, Central
- SubdivisionDELLAWANA PLACE
- RoofComposition
- MLS #RX-11048598
- MLS #RX-11048598
- Lot Features< 1/4 Acre
- Lot Description< 1/4 Acre
- CountyPalm Beach
- Property TypePurchase
- Original List Price$550,000
- ViewGarden
- ZoningMF14(c
- Taxes Annual$5,493
- Cost550000
- Square Feet1488
- Year Built1925
- Bedrooms5
- Bathrooms3
- Full Baths3
- Parking Spaces1
- Fence1
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: James Christopher Hoffman (#63047476)
Listing Office: Emerald Luxe Realty LLC (#276812249)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
