51 photos
436 38th St
West Palm Beach, FL 33407
Listing courtesy of Tolliver Prince Realty. Contact: [email protected].
Welcome to the heart of historic Northwood, one of West Palm Beach's fastest appreciating and most exciting neighborhoods. Whether you're searching for a profitable investment property, a luxurious seasonal residence, or a full-time home with income potential, this home delivers an opportunity that's becoming increasingly difficult to find. Currently operating as a successful Airbnb, this beautifully renovated compound blends timeless Old Florida charm with modern conveniences. The main residence has been thoughtfully updated while preserving the character that has made Northwood one of Palm Beach County's most sought-after historic communities. A newer 2024 roof provides peace of mind, while energy-efficient solar panels help offset utility costs. The solar system is financed through a PACE program, creating a unique opportunity for the new owner to benefit from renewable energy while assuming the existing financing. Current electric average is only $100 per month with rentals running. Adding to the property's versatility is a separate efficiency building, perfect for guests, extended family, a private office, artist studio, or additional income-producing accommodations. The flexible layout creates multiple possibilities for homeowners and investors alike. Location is everything, and this home places you in the center of West Palm Beach's remarkable transformation. Just minutes from the vibrant shops and restaurants of Northwood Village, the Intracoastal Waterway, Palm Beach Island, and downtown West Palm Beach, the property is also ideally positioned near the highly anticipated NORA District and billions of dollars of ongoing development reshaping the city. New luxury residences, Class A office space, world-class dining, and entertainment venues continue to elevate the area's appeal and long-term value. Whether you're looking to capitalize on the thriving short-term rental market, establish a personal retreat with guest accommodations, or invest in one of South Florida's most dynamic neighborhoods, this exceptional property offers location, flexibility, and lifestyle in one remarkable package. Opportunities to own a fully renovated, income-producing property with a separate guest dwelling in historic Northwood are rare. Welcome to your next investment and your next chapter in West Palm Beach.
- Principal and interest
- $4,546
- Property tax
- $1,251
- Homeowners insurance
- $558
- HOA
- $0
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.