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$1,300,000
723 Penn Street
West Palm Beach, FL 33401
MLS# F10320284
Status: Closed
3 beds  |  3 baths  |  1121 sqft


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Property Description
This charming property is located in the heart of the Grandview Heights historical district. Between 2018 and 2020 it was completely renovated to a condition that is equivalent to new construction. Main house is 1,121sf 2-Bedroom, 2-Bath with back deck overlooking in-ground pool area. The Pool House is a 224sf studio apartment with full bath & laundry. 100% new build. Grand Total Structure is 1,345sf. Private driveway with room to easily accommodate 5 cars. Within walking distance to parks, Palm Beach, downtown shopping & dining including Grandview Public Market, The Square Downtown West Palm. Short bike ride to the intracoastal and the beach. Minutes to the Palm Beach International Airport, A rated schools, Norton Museum of Art, and the Kravis Center for the Performing Arts.

Details
Maps
Contract Information
Comp Sale YN: No
Owner Phone: 646-801-0823
Occupant Type: Tenant
Listing Date: 2022-03-07
Status: Closed
Original List Price: 1375000
Sold Price: $1,300,000
Current Price: $1,300,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Zip: 33401
Geographic Area: PB25
Country: United States
Street Number: 723
Street Name: Penn
Street Suffix: Street
State Or Province: FL
Postal Code: 33401
Postal Code +4: 7011
Subdivision Name: Grandview Heights
Area: 5430
Parcel Number: 74434328050002650
Zoning: SF14-C2
Directions: I-95, exit Belvedere Rd. Left (north) on Parker Ave. Right (east) on Park Pl. Left (north) on Lake Ave. Right (east) onto Penn St. House on the left.
General Property Information
Living Area Main: 1046
Lot Size Dimensions: 0.1204 acres
Gated Community YN: No
Lot Size Area: 5246
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 1
Stories: 1
Fireplace YN: Yes
Pool Private YN: Yes
Spa YN: No
Guest House YN: Yes
Year Roof Installed: 2018
LP/Assessed Value: 3.53
Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 1121
Year Built: 1935
Direction Faces: South
Financial Information
Membership Fee Required YN: No
Tax Assessed/SOH Value: 389451
Assessor Market Value: 389451
Tax Annual Amount: 7017
Tax Year: 2021
Tax Legal Description: GRANDVIEW HEIGHTS LTS 265 & 266
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2022-05-02T23:33:46Z
Major Change Type: Status Change
Status Change Date: 2022-05-02
Under Contract Date: 2022-03-26
Close Date: 2022-05-02
Close Price: 1300000
Amenities
Laundry: 1
Pool: 1
None: 1
Dining Area
Dining/Living Room: 1
Snack Bar/Counter: 1
Flooring
Wood: 1
Guest House Area Details
Living Area Guest House: 224
Guest House Features
1 Bath: 1
1 Bedrooms: 1
Parking Features
Driveway: 1
Guest: 1
RV Access/Parking: 1
Parking Information
Open Parking Spaces: 5
Property Condition
Resale: 1
Updated/Remodeled: 1
Short Sale Details
Short Sale Addendum: No
Co-Ownership
Property Management YN: No
Fencing
Privacy: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
Utilities
Cable Available: 1
Underground Utilities: 1
View
Pool: 1
Heating
Central: 1
Window/Wall: 1
Sprinkler Description
Auto Sprinkler: 1
Unit Description
Studio: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Ice Maker: 1
Refrigerator: 1
Trash Compactor: 1
Washer: 1
Water Heater: 1
Construction Materials
Frame: 1
Wood Siding: 1
Laundry Features
Washer Hookup: 1
Dryer Hookup: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
Child Gate: 1
Concrete: 1
Equipment Included: 1
Heated: 1
In Ground: 1
Private: 1
Roof
Composition: 1
Shingle: 1
Security Features
Fire Alarm: 1
Smoke Detector(s): 1
Water Source
Public: 1
Water Heater Details
Gas Water Heater: 1
Boat and Dock Features
Parking: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Ceiling Fan Details
Number Of Ceiling Fans: 5
Showing Requirements
Appointment Only: 1
Main Level Rooms
Main Level Bathrooms: 2
Main Level Bedrooms: 2
Master Bedroom/Bath
Master Bdrm - Ground: 1
Separate Shower: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pool Size Details
Pool Size (WxL): 15x18
Restrictions
Historic Designation: 1
Storm Protection Details
High Impact Door: 1
High Impact Windows: 1
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Deck: 1
Patio: 1
Contingencies
None: 1
Room Types
Florida Room: 1
Concessions
Seller Concessions: No
Price Calculations
Current Price To SqFt: 1242.83
Original List Price To Close Price: 0.94
Section Details
Parcel Number MLX: 2650
Acreage Description
Less Than 1/4 Acre Lot: 1
Originating Details
Originating System Key: 551678411
Originating System ID: M00000170
Property Features
Dining Area: Dining/Living Room; Snack Bar/Counter
Flooring: Wood
Guest House Features: 1 Bath; 1 Bedrooms
Parking Features: Driveway; Guest; RV Access/Parking
Property Condition: Resale; Updated/Remodeled
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Refrigerator; Trash Compactor; Washer; Water Heater
Water Heater Details: Gas Water Heater
Boat and Dock Features: Parking
Construction Materials: Frame; Wood Siding
Cooling: Ceiling Fan(s); Central Air
Fencing: Privacy
Heating: Central; Window/Wall
Laundry Features: Washer Hookup; Dryer Hookup
Levels: One
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Pool Features: Child Gate; Concrete; Equipment Included; Heated; In Ground; Private
Possession: Negotiable
Restrictions: Historic Designation
Roof: Composition; Shingle
Security Features: Fire Alarm; Smoke Detector(s)
Sewer: Public Sewer
Special Information: Sold As-Is
Sprinkler Description: Auto Sprinkler
Storm Protection Details: High Impact Door; High Impact Windows
Tax Information: Tax Reflects No Exemptions
Unit Description: Studio
Utilities: Cable Available; Underground Utilities
View: Pool
Water Source: Public
Showing Requirements: Appointment Only
Outdoor Living Spaces: Deck; Patio
Contingencies: None
Room Types: Florida Room
Acreage Description: Less Than 1/4 Acre Lot
Supplements
The house owner/renovator is a Professional Engineer and Licensed Building Contractor. Between 2018 and 2020 the house was completely renovated to a condition that is equivalent to new construction. The 1935 house was gutted inside, all existing framing exposed and tied down with hurricane straps. All new reinforced concrete footers were installed on each side and down the center with a new center support wall, a concrete stub wall in the rear addition, and anchoring was completed from roof to footers with reinforced timbers and strapping. An all new roof system was installed and the house was fitted with new hurricane rated impact windows and doors. All new electric (panel and wires), plumbing, mechanical, HVAC systems were installed. A new concrete block pool house was built on a new slab.  All utilities were routed underground so the house has no aboveground wires or connections.  All work was performed with historic approval and building permits and signed off by a Professional Engineer and Architect.
Room Information
Room Name
Florida Room

IDX
Listing Office: Douglas Elliman

Last Updated: August - 02 - 2026

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