Illustrious & well established Bed & Breakfast portfolio in the heart of Historic West Palm Beach. Grandview Gardens is a well appointed hospitality offering comprised of ±9,000 total SF spanning across 5 total structures atop an ultra rare block-to-block ±26,000 SF parcel. The historic Spanish/Key West compound boasts 12 suites, 3 kitchens, 3 dedicated laundry facilities, pool, and suite-dedicated outdoor spaces. From multi-guest bookings, whole building bookings, corporate buyouts, to wedding events, the compound allows for limitless booking configurations. Close proximity to the heart of Downtown West Palm Beach, CityPlace, Norton Art & Design District, Antique Row, Palm Beach Island, and PBIA allow for ease of travel and abundance of entertainment options for B&B guests. Seller and Seller's representatives make no guarantees of portfolio's usage beyond what is currently permitted by the City of West Palm Beach. Any entitlement(s), variance(s), or code change(s) to alter portfolio's current permitted usage are not guaranteed and are to be verified by Buyer and/or Buyer's representatives.

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Tax Information

Tax Legal Description GRANDVIEW HEIGHTS LTS 250 TO 253 INC (LESS E 6 FT) & LTS 254 TO 257 INC & GRANDVIEW HEIGHTS LTS 248 & 249 & E 6 FT OF LTS 250 TO 253 INC
Tax Year 2026
Taxes$53,370

Building

Building ConstructionCBS (Concrete Block Structure), Block, Frame, Stucco
Building Features Common Lounge, Exterior Lighting, Office
Stories2
Structure Type Hotel/Motel
Units10
Year Built1924

Property Information

Acreage0.6
Lot Features Sprinkler System
Occupant Type Call Agent
Property Condition Resale
Property Sub Type Additional Multi Family

Legal

Parcel Number 74434328050002500and74434328050002480
Universal Parcel Id urn:reso:upi:2.0:US:12099:74434328050002500and74434328050002480

Parking

Parking Features Covered, On Street
Parking Total 6

Location

Address1608 Lake Avenue
Area5430
Building Number1608
CountyPalm Beach
StateFL
StreetLake Avenue
TownWest Palm Beach
Zip33401

Interior

Flooring Tile, Wood

Exterior

RoofBarrel, Composition, Flat, Shingle

Amenities

Cooling Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Cooling YN Yes
Security Features Smoke Detector(s)

Water Body

Water AccessPublic

Basic Information

List Price$5,645,000
MLS NumberB26100173
Modification Date11/13/2026
Property SubTypeMulti Family
Property TypeCommercial Sale
StatusACT
Virtual TourView Tour

Property

Business TypeBed & Breakfast, Hospitality
Number Of Buildings 5

Utilities

Electric Separate Meters
Heat SystemCentral, Wall Furnace
Heating YN Yes
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waste Water DisposalPublic Sewer

Other

Date Listed11/13/2026
Documents Available
- Aerial
- Building Plans
- Contract(s)
- Financials
- Ground Photo
- Rent Rolls
- Site Plan
- Survey
Possession Close Of Escrow
Special Listing Conditions Standard, Listed As-Is

Based on information submitted to BeachesMLS as of November 14, 2026 2:46 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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1608 Lake AvenueWest Palm Beach, FL 33401MLS Number B26100173

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1608 Lake AvenueWest Palm Beach, FL 33401MLS Number B26100173

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