436 38th Street, West Palm Beach, FL 33407
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: steven ray prince, john leonard tolliver
Office: tolliver prince realty
MLS#:B26085922
Source:RMLS
Price summary
- Price:$899,000
- Price per sq. ft.:$607.84
About this home
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....
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Home facts
- Year built:1940
- Subdivision & Development:NORTHWOOD ADD
- Listing ID #:B26085922
- Added:1 day(s) ago
- Updated:October 08, 2026 at 06:45 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Wood
- Kitchen Description:Dishwasher
- Living area:1,479 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Barrel
- Year built:1940
- Building area:1,479 sq. ft.
- Architectural Style:Mediterranean
- Construction Materials:Block
- Exterior Features:Patio
- Levels:1 Story
Schools
- High school:Palm Beach Lakes
- Middle school:John F. Kennedy (Palm Beach)
- Elementary school:Northmore
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$607.84
- Tax amount:$18,046 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:2
- Parking description:Driveway, Paver Block
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