Re/Max Masterpiece Realty
Joffre Navas, Re/Max Masterpiece RealtyPhone: (772) 201-2392
Email: [email protected]
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listing
1 of 49
Single FamilyFor Sale
$12,900,000
2916 Washington Road
West Palm Beach, FL 33405
MLS: Realtors of the Palm Beaches & Greater Fort Lauderdale
3Beds
2Baths
2,005Sq Ft
Est. Mortgage
$66,687/mo

Rarely available and highly desirable, This is an opportunity to own a truly unique waterfront home in the highly sought-after Prospect Park neighborhood of West Palm Beach. With its prime location and breathtaking views, this property provides limitless potential for creating your dream home. This half acre property offers unparalleled privacy and exclusivity, featuring a direct-access boat dock with a lift, all within a private, gated setting. The non-landmarked charming 3-bedroom, 2-bathroom ranch-style home provides an open-concept living and dining, complemented by an expansive heated pool, integrated hot tub, and beautifully landscaped patio. Move in ready or build your dream home! 2916 Washington Road is on a private stretch off of South Flagler and is walking distance to all WPB has to offer. There is no road between the dock and the home - truly a rare find - approximately 30 lots like this exist in all of WPB. The gorgeous views stretch from key Palm Beach landmarks, The Breakers hotel and Mar-A-Lago club, with direct sunrise and the sunset reflects on all of the white Palm Beach mansions across the Inter-coastal. Hard to find a better view in the area in WPB or Palm Beach - only beautiful mansions, yachts riding by and glistening water - no high rises, no marinas, no moored boats, no commercial structures... If you are looking for an investment project, you have found your Holy Grail. West Palm Beach has become the most desirable market in Florida for developers. Unlike other homes nearby, this home is not landmarked. If you desire, the potential to develop this lot into a 8000 sqft + dream home exists. Soil testing, sea-wall inspection and survey has just been completed and all has come back with positive results to develop a legacy home. All of these documents are available to review. You only have to look next door at 2914 Washington to see the potential of what can be built on this lot. 2916 is currently leased for $25,000 a month - there is potential for this to continue if the buyer is interested in collecting revenue while finalizing plans and permits for a new build. The existing home is charming as is with terra cotta floors, pink stucco and metal roof. And it's truly about the most important thing in real estate: location, location, location!!

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