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    1608 Lk Ave West Palm Beach, FL 33401

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    For Sale
    $6,250,000

    Mediterranean Revival estate with income potential in downtown West Palm.

    Type:Commercial
    Property size:
    7,700 SF
    Lot size:
    0.50 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 24 at 3:40 pm

    Property Features for 1608 Lk Ave

    General Information

    Standard status
    Active
    Size
    7,700 SF
    Lot size
    0.50 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1924

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    Listing Contact
    Jeffrey Coe

    Listing agent Jeffrey Coe

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Jeffrey Coe


    Overview

    West Palm Beach Historic Estate

    Located in downtown West Palm Beach, Grandview Gardens is a Mediterranean Revival estate originally built in 1925. Situated on over half an acre within the Grandview Heights Historic District, the property includes 734 Palm Street, offering additional lot depth and street access. The estate spans more than 7,700 square feet across three structures. The main residence, nearly 5,000 square feet, features 6 bedrooms, 4.5 baths, archways, original hardwood and terracotta flooring, high pecky cypress ceilings, and entertaining spaces that open to the tropical gardens. Two additional stand-alone structures, totaling approximately 2,800 square feet, house 5 private suites, each with its own entrance, en-suite bath, and outdoor terrace. The property is suitable for visiting guests, multi-generational living, or use as a boutique bed and breakfast. There is potential to add 5 additional rooms, subject to city and historic board approval. The estate is equipped with two full laundry rooms for guest and staff use, and on-site staff currently resides on the property. The grounds feature mature palms, stone pathways, an inground pool, and greenery. A two-car garage and additional off-street parking are included. The property is located five blocks from the Intracoastal Waterway and within walking distance to CityPlace, the Norton Museum, and the restaurants of downtown West Palm Beach. It can be used as a private estate or a multi-unit income property.
    Location Intelligence

    Current Use by Public Records

    Grandview Gardens Hotel & Motel

    Suggested Use

    Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Daycare Center Building Supply Kitchen & Bath Showroom Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

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    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0598349
    Latitude
    26.6991185

    FAQs

    What type of property is this?
    Bed & breakfast - Mediterranean Revival estate with income potential in downtown West Palm.
    Where is this bed & breakfast located?
    The property is located at 1608 Lk Ave West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $6,250,000.
    What are key features of this property?
    This property features: Rare historic 1925 Mediterranean Revival estate in the Grandview Heights Historic District.; Significant income potential as a boutique bed and breakfast with opportunity to add 5 additional rooms (subject to approval).; Over 7,700 sq ft across three structures including a main residence with 6 bedrooms and 4.5 baths, plus 5 private guest suites.
    More about this property
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