Modern Living Group
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$1,195,000ACTIVE

705 New York Street, West Palm Beach, FL 33401

beds0baths2,025sq ft$590/ sq ft
THE RESIDENCE

About this home

In the heart of the storied Grandview Heights Historic District, this rare duplex offering has been transformed into a sophisticated, turnkey retreat—pairing architectural design with a complete modern reinvention. Two impeccably finished 2bed / 2bath residences showcase a level of craftsmanship and design intention seldom found in multifamily homes. A Complete Luxury Renovation Every detail has been elevated. Impact windows and a new roof enhance structural integrity and quiet luxury Designer kitchens with custom cabinetry, premium appliances, and refined finishes Spaquality baths featuring contemporary tilework and elevated fixtures New flooring, curated lighting, fresh interior/exterior paint, and lush landscaping complete the transformation. A Premier Walkable Lifestyle Positioned within one of West Palm Beach's most coveted historic enclaves, this property offers effortless access to the city's cultural and luxury destinations: Two blocks to the Norton Museum of Art Three blocks to The Square (CityPlace) Stroll to acclaimed restaurants, cafés, and curated boutiques A short bike ride to Palm Beach Island and its worldclass beaches Howard Park at the end of the street—tennis courts, dog park, Armory Art Center Only 10 minutes to Palm Beach International Airport Grandview Heights remains the closest historic neighborhood to downtown, offering a rare "park your car and walk everywhere" lifestyle. Luxury Investment Flexibility This duplex presents exceptional versatility: Highdemand seasonal rental potential Strong longterm income performance Ideal owneroccupant scenario—live in one residence while the other offsets carrying costs A fully renovated historic property in a premier location ensures enduring desirability

THE DETAILS

Property details

List Price$1,195,000
Price / Unit$298,750
Units4
Cap Rate1.82%
Gross Income$35,400/yr
Net Operating Income$21,720
Inside Sq Ft2,025
Year Built1984
ConstructionBlock,Stucco
FlooringCarpet,Laminate
ZoningSF14(c
Lot DimensionsAPPROX 120 X 57.78
Property TypeDuplex
MLS #B26078201
StatusActive
Original List Price$1,195,000
GRM33.8
Tenant PaysCable TV, Electricity, Sewer, Water
Show all details (7 more)
Stories1
Lot Size0.16 acres
WaterfrontNo
Days on Market0
Annual Taxes$14,175
CityWest Palm Beach
Zip Code33401
LOCATION

Where you'll live

Shane Beckford
FEATURED AGENT
Shane Beckford
Real Estate Specialist

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