281 Austin Lane, West Palm Beach, FL 33401

$725,000
5
BD
4
BA
1,926
SqFt
List Price
$725,000
Price Change
▼ $40,000 1594795040
MLS#
RX-10634407
Bedrooms
5
Bathrooms
4
Sq. Ft
1,926
Lot Size
6,045
Subtype
Single Family Detached
County
Palm Beach
Community
Matthams Park
Subdivision
Matthams Park
Year Built
1950

Property Description

Welcome to this one of a kind, peaceful, income producing property nestled in theHistoric El Cid neighborhood. This unique compound with 3 separate living quarters islocated in and amongst trees on a small, quiet lane with virtually no through traffic, ahalf block from the Intracoastal Waterway and pedestrian/bike promenade. This uniqueturn-key property, is located in the most desirable neighborhood in downtown WestPalm Beach, is extremely versatile, easy to maintain, and very cost efficient. TheUpstairs studio has been rented as a vacation rental for the past 3 years and hasreceived nothing less than 5 star reviews. The current owner has enjoyed using thedownstairs studio as a home office, but this too can be rented out on a short or longterm basis. The 3 bedroom, 2 bath main home, feels like a private, tropical oasis with windows looking out at the lush landscape that surrounds the property. All three units have hurricane windows installed in 2011, there is an automatic sprinkler system, and all water for the beautiful landscape comes from a well which keeps costs down. The tidy, tropical back yard is fenced and has professionally installed artificial turf, landscape lighting throughout the property and a 10 X 14 shed to store bikes, garden tools, etc. The screened porch offers a lovely, tranquil place to enjoy the sounds of nature and could be converted into a sunroom with sliding glass windows if desired. There is off street parking to accommodate up to 5 vehicles. This property is right next door to Palm Beach Day Academy Flagler campus and a 3 minute walk to The Green School. This tranquil oasis must be seen to appreciate all it has to offer.

Additional Information

Front Exposure
South
Governing Body
None
Pets Allowed
Allowed
Status Label
BACKUP
Total Unitsin Bldg
2
Total Unitsin Complex
3
Unit Floor Number
2
Construction
Mixed, Vinyl Siding
Cooling
Ceiling Fan, Central, Wall-Win A/C
Equipment
Dishwasher, Dryer, Fire Alarm, Range - Electric, Range - Gas, Refrigerator, Smoke Detector, Washer, Water Heater - Elec, Water Heater - Gas
Flooring
Laminate, Vinyl Floor, Wood Floor
Furnished
Furniture Negotiable, Unfurnished
Heating
Central, Window/Wall
Lot Description
< 1/4 Acre, East of US-1
Membership
No Membership Avail
Parking
Driveway
Guest House
1 Bath, 1 Bedrooms, Kitchen, Living Room
Roof
Comp Rolled
Rooms
Convertible Bedroom, Den/Office, Family, Laundry-Util/Closet, Maid/In-Law
Bedroom Description
None
Window Treatment
Blinds, Impact Glass
Security
None
Special Information
Sold As-Is
Taxes
$4,590
View
Garden
Total Floors
2
Waterfront
None
Stories
2
Total Unitsin Bldg
2
Roofing
Comp Rolled
Utility
Cable, Electric, Gas Natural, Public Sewer, Public Water, Well Water
Acres
0.138774104683
Price Per Acre
16397290.8
Price Per Sqft
$376

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of NV Realty Group, LLC.