1608 Lake Avenue, West Palm Beach, FL 33401 (MLS# B26100173)

1608 Lake Avenue, West Palm Beach, FL 33401

New Listing
$5,645,000
Property Type: Commercial Sale Square Footage: 9,054 Status: Active
Current Price: $5,645,000 List Date: 11/14/2026 Last Modified: 11/14/2026

Overview

Description

Illustrious & well established Bed & Breakfast portfolio in the heart of Historic West Palm Beach. Grandview Gardens is a well appointed hospitality offering comprised of ±9,000 total SF spanning across 5 total structures atop an ultra rare block-to-block ±26,000 SF parcel. The historic Spanish/Key West compound boasts 12 suites, 3 kitchens, 3 dedicated laundry facilities, pool, and suite-dedicated outdoor spaces. From multi-guest bookings, whole building bookings, corporate buyouts, to wedding events, the compound allows for limitless booking configurations. Close proximity to the heart of Downtown West Palm Beach, CityPlace, Norton Art & Design District, Antique Row, Palm Beach Island, and PBIA allow for ease of travel and abundance of entertainment options for B&B guests.

Supplements: Seller and Seller's representatives make no guarantees of portfolio's usage beyond what is currently permitted by the City of West Palm Beach. Any entitlement(s), variance(s), or code change(s) to alter portfolio's current permitted usage are not guaranteed and are to be verified by Buyer and/or Buyer's representatives.

Listing Details MLS# B26100173

General Property Information

Number Of Buildings
5
Property Sub Type
Multi Family
Number Of Units Total
10
Occupant Type
Call Listing Agent
Building Area Main
9054
Building Area Source
Public Records
Year Built
1924
Year Built Details
Primary and secondary structure of 734 Palm Street & primary structure of 1608 Lake Avenue are contributing structures and cannot be demolished.
Parking Total
6
Lot Size Area
26203
Lot Size Acres
0.6
Accessibility Features YN
No
Stories Total
2
Stories
2

Property Features

Building Features: Exterior Lighting; Free Standing; Lounge; Natural Gas; Separate Office Area Business Type: Bed & Breakfast; Hospitality Ceiling: Ceiling Height Varies; Exposed Documents Available: Aerial Photo(s); Books & Records; Contracts; Drawings; Existing Survey; Financial Statement; Rent Rolls; Site Plans Electric: 101-200 Amp Service; Separate Meters Flooring: Tile; Wood Heating: Central Building; Window/Wall Parking Features: Covered; On Street Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building; Fixtures; Furniture; Land; License; Machinery; Trade Name Special Licenses: Occupational Special Listing Conditions: Standard Sprinkler Description: Zoned Sprinkler Construction Materials: CBS; Frame; Stucco Cooling: Ceiling Fan(s); Central Air; Wall/Window Unit(s) Listing Terms: Cash; Conventional Road Frontage Type: City Street Roof: Barrel; Composition; Flat; Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Structure Type: Hotel/Motel Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
5645000
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1608
Street Name
Lake
Street Suffix
Avenue
City Name
West Palm Beach
Municipality Type
Incorporated
Municipal Code
74
State Or Province
FL
Postal Code
33401
Area
5430
Geographic Area
PB20
Parcel Number
74434328050002500and74434328050002480
Zoning
SF14-C2
Directions
North on Lake Avenue to 1608 (right).
Property Description
Bed & Breakfast

Financial Information

Tax Annual Amount
53370
Tax Year
2026
Tax Legal Description
GRANDVIEW HEIGHTS LTS 250 TO 253 INC (LESS E 6 FT) & LTS 254 TO 257 INC & GRANDVIEW HEIGHTS LTS 248 & 249 & E 6 FT OF LTS 250 TO 253 INC

Status Change Information

Major Change Timestamp
2026-11-14T00:57:06Z
Major Change Type
New Listing
Status Change Date
2026-11-13

More Information

Building and Property Details

# Of Toilets
9
% Air Conditioned
100

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
4
Separate Gas Meters YN
No
Separate Water Meters YN
No

Originating Details

Originating System Key
20261114000010387943000000
Originating System ID
M00000170
IDX
Listing Office: Coldwell Banker/ WPB
Source MLS Verified
Last Updated: November - 14 - 2026
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