Non-HOA private family homestead estate built in 1929, historic, multi-structure-zoned (2 buildings) located at the highest-point of Palm Beach Lakes Blvd (~22' above sea-level) per topology maps. In Florida, "22' above sea-level" constitutes, "location, location, location".

THE NEIGHBORHOOD

I have lived in this property full-time for almost five years. My neighbors are friendly, polite, respectful, encouraging, appreciative, and humanistic. A city-oriented buyer is the perfect fit for understanding the diversity and social rhythms of this great location. It's an urban, "city scene", with all the urban dynamics.

THE DISTINCTIONS

- Corner lot

- Zoned multi-family, 2-building max. and second building can be multi-metered.

- Main street (heavy-trafficked "eyeballs", main thoroughfare per DOT metrics)

- Two physical addresses: 717 Palm Beach Lakes Blvd and 1310 Division Avenue. You can build TWO distinct structures on this lot, but you cannot sub-divide the lot without obtaining a variance, if possible. I have been told the rear building was bull-dozed in the late 1990s, but could have been saved.

I don't know what the constraints are to build a new second structure (size, height, etc.), or whether or not that new structure would be subject to, "historic" classification. You would have to check with the city regarding the allegedly, "180 possible uses" for this rare property. I make no assertions, warranties, guarantees, (expressed or implied), nor provide any guidance to potential buyers. It is the buyer's responsibility to perform, "due diligence" regarding the property's potential ("As is, where is", "Caveat Emptor").

- If not considering this location for a second building structure, the backyard MAY be suitable to expand the primary home footprint, add a garage with an upstairs office for example, perhaps a pool, parking spaces, etc. I can park up to 8 large cars on the back half of the grassy lot lending ample, "off street" parking, plus non-metered overnight street parking, and two more cars: one in garage and one in driveway.

- It is my understanding the property can be utilized for limited mixed-use social-services-oriented purposes (i.e., house of worship, drug rehab, daycare center, social services-oriented law firms, etc.). This eliminates any, "residential comps". Sorry. I'm selling location, and more. It is up to the buyer to perform their due diligence regarding potential uses of the property. I have been told by a licensed realtor the city says the property can be used for, "more-than 180 purposes". I have not verified this information.

COOL PROVENANCE

As second owner since 1929, I am told this home was owned by the first oral surgeon in West Palm Beach. Affluent, he built the home to high-quality standards surpassing today's lesser-quality, "2x4s" and "concrete foundation pours". I have been told he also hosted overnight jazz legends when they performed at the, "Sunset Lounge" jazz club just a few blocks south. Cool. Very cool. The main house has, "great vibes". Perhaps it could be used as a historic museum.

UTILITIES
- Gas for cooking, clothes dryer, and water heating.
- LED cost-efficient bulbs for lights and electricity for electronics.

ELDER-FRIENDLY

- Full bath and bedroom on first floor.

CONVENIENCE

- Located, "just far enough away from the, 'Times Square-like' Clematis Street strip noises, a less-than five minute car drive delivers you to the heart of the City of West Palm Beach proper (i.e., "downtown" Clematis Street, The Kravis Performing Arts Center (cultural performing arts center), the newly-expanded Norton Museum, Dreyfoos School of the Arts (a leading performing arts high school - Burt Reynold's attended this high school when it was named differently), Flagler Drive (i.e., Inter-coastal drive, "SunFest" music festivals, fireworks, arts events, green markets, etc.), Palm Beach (the actual beach), and yes, the inter-coastal can be seen from the second story. There's a performing arts school across the street, multiple houses of worship, Good Samaritan ( "Good Sam" ) hospital minutes away and plenty of shopping (i.e., stores, "CityPlace (now being renamed, 'Rosemary Square'", movie theaters, CVS, Whole Foods, Home Depot, gas stations, the Palm Beach Lakes Outlet Mall, etc.), and minutes to board a, "Bright Line" train to Fort Lauderdale or Miami. Perhaps best of all, a ten minute car drive delivers you to Palm Beach International Airport (PBI).

To view the property:

Buyer-brokers ARE welcome. To discourage, "Sunday shoppers" and for security reasons, all prospective buyers MUST submit a notarized bank letter stating their ability to purchase this property with cash on-hand, via bank letterhead, accompanied with the explicit authorization SELLER (me) is authorized to verify the funds exist BEFORE prospective buyer and-or their fiduciary buyer-broker is-are permitted view the property. No exceptions.

CASH-ONLY. In my opinion, the, pro-bank, "Dodd-Frank" realty appraisal system is so ridiculously childish in its construct, property appraisals are essentially low-ball, "opinions of value" that favor banks vested-interest. For example, if someone buys a distressed home for $40k, paints it, sells it for $100k, that doesn't mean my beautiful home is worth, $100k. It's stupid math, and Dodd-Frank DOES NOT make it legal to, "red line" neighborhoods for lending. So, cash buyer only. The appraisers aren't worth their weight in-salt, regardless of the credentials they purchased. If you say my home is worth a value, with underlying mortgage, taxes, and insurance - less than the carry cost of a one bedroom apartment in WPB, you're an idiot, or worse, dishonest. My opinion. Dodd-Frank needs to be re-thought by honest men of integrity, not bankers making certain their loans, if defaulted-upon ensure there's ENOUGH MEAT ON THE BONE to cover their loan. Not on my time. Cash only. Period. You are free to re-finance your purchase AFTER the purchase, which in-and-of-itself, increases the romper-room, lazy, "CMA" valuations everyone is paying $500 for. In my opinion, it's criminal. Period. Cash buyer only. If you cant afford to buy the house with 2020, "chump change" $1.5M you probably couldn't afford to maintain it. And, please, feel free to look at my home, then decide whether you'd prefer to live in one of the "comps" used to devalue it. Your choice.


SALES CONTRACT TERMS:

Cash-in-hand buyers only. Period. That means, "no bank financing". Why? No meaningful comps. Even, "in hand" opinions of value appraisals OPEN ADMIT, "hard to comp". Unique property. Buyer-brokers ARE welcome, but buyer pays buyer-broker fee since the buyer-broker IS the buyer's fiduciary. I regret I have to emphasize this point. No, "seller brokers". Hence, "For sale by owner". I regret I have to emphasize this point. It's astounding there are LICENSED REALTORS IN FLORIDA who DO NOT understand, "Illegal Dual Agency". Astounding.

An upfront, non-refundable 10% (certified check) down-payment must be deposited to my Real Estate lawyer's escrow account accompanied by, "meeting of the minds" executed sales contract. The only, "sales contract escape clause" (contingency) is, at your option, a professional, "inspection". The buyer may waive this contingency, if desired to, "fast track" a closing if the property location is sought more-than the home itself. For example, envision, "high-top condo towers" at 22' above sea-level some day. Envision a, "land lease", rental, AIR B&B, etc. etc. etc. Again, seller makes no assertions the property can be used for any specific purpose. Buyer performs due-diligence.

Sold, "As Is". "Quick close" possible. Price is somewhat negotiable. If you cannot afford this unique property you cannot benefit from acquiring this key strategic investment. This is a gem for that, "Skip-Gen Trust" you were thinking about. My opinion.

Enjoy your day. Sales Agents: Call ONLY if-when you have YOUR buyer. Don't waste your time or mine "reading from your script". And, I EMPHASIZE, if you ARE NOT a licensed sales agent or broker - but a clerk - do not call me.

Thank you. Enjoy your day. Enjoy your search.

Interior Features

  • Stories: 2
  • Square Feet: 1,980
  • Bedrooms: 5
  • Bathrooms: 2
  • Additional Rooms: 6
    • MasterBath
    • DiningRoom
    • FamilyRoom
    • Office
    • LaundryRoom
    • WalkInCloset
  • Floor Coverings
    • Carpet
    • Laminate
    • Concrete
    • Tile
    • Hardwood
  • Appliances
    • Dishwasher
    • GarbageDisposal
    • Refrigerator
    • Microwave
    • Dryer
    • Freezer
    • RangeOven
    • Washer
  • Heating & Cooling
    • Central AC
    • Central Heating
  • Interior Keywords:
    • Security System
    • Mother-in-law Apartment

Exterior Features

  • Built in: 1929
  • Structure Type: Multi-Family
  • Lot Size: 6,969 Sq. Ft.
  • Parking: 1 Space
    • Attached Garage
    • On-street
    • Off-street
  • View Types:
    • City
    • Water
  • Exterior Keywords:
    • Fenced Yard
    • Deck
    • Patio
    • Sprinkler System

Explore: Tamarind Park

Neighborhood Quick Facts

  • Median Sale Price
    n/a
  • Commute via Transit:
    15.25%
  • Family Friendly Score
    n/a
  • Fun & Hip Score
    n/a

Area Schools

Conniston Middle School
Grades 6-8
5/10
GreatSchools Rating
K. E. Cunningham/canal Point Elementary School
Grades PK-5
5/10
GreatSchools Rating
Village Academy
Grades PK
4/10
GreatSchools Rating
Palm Beach Lakes High School
Grades PK-12
3/10
GreatSchools Rating
Forest Hill Community High School
Grades 9-12
3/10
GreatSchools Rating

Amenities

  • Transit
  • Restaurants
  • Grocery Stores
  • Bars & Nightlife
  • Parks
  • Healthcare
  • Sports & Recreation
  • Neighborhood information provided by Home Junction Inc. © 2020. Information deemed reliable but not guaranteed.
  • GreatSchools Ratings provided by GreatSchools.org
  • School attendance zone boundaries are supplied by Home Junction Inc. and are subject to change. Check with the school directly to verify enrollment eligibility.
  • All pictures, details or descriptions of any property, condition of title, value or otherwise is provided for informational purposes only and may not represent the true and current status of the property now or at the time of sale. Neither ForSaleByOwner.com, nor Seller’s Broker shall be liable for any allowance, adjustment or revision in value of any property based upon the failure of such property, its appliances, its fixtures or its floor plan to conform to any specific standard. ForSaleByOwner.com hereby disclaims any representations or warranties as it relates to all information found herein.
  • The information available on this page is for marketing purposes only.
  • Please contact the Listing Agent or Seller directly for inquiries regarding this property and/or to make an offer.
  • Fraud & Scam Awareness
    Unfortunately, there are people that will use internet sites like ForSaleByOwner.com to run all manner of scams on users. We do all that we can to prevent the willful misuse of our platform, however; every day, the scams get more and more sophisticated. We ask that our users be cognizant of the risk and review the following basic ways to recognize and avoid being scammed.
  • Recognizing and Avoiding Scams:

    • Use secure, traceable transactions when making payments - Do not pay a deposit by wire transfer, prepaid money card, gift card, or other non-traditional payment method. Also, refuse to make "overpayments" and never enter into "handshake" deals without a contract.
    • Don't accept suspect cashier/certified checks or money orders - Banks will process and cash the fakes, then hold you responsible.
    • Never give out financial or personally identifiable information - This includes banking and credit card information, your birthdate, Social Security/Social Insurance Numbers, PayPal account etc.
    • Suspicious communications - Watch for parties communicating using poor grammar, spelling or those who send nonsensical messages. Be wary of parties that are only willing to text/email and those that will never speak on the phone or that refuse to meet in person. Generally these people will claim to be "travelling" and unavailable to talk or located in a foreign country and unable to speak other than via text or email.
    • Deals Too Good to be True - If the list price is obviously too low, or the terms are too generous as compared to the market, it’s likely a scam.
    • Don’t be pressured to act immediately - Scammers typically try to make you think a listing is in high demand in order to push you into immediate action without consulting family, friends, or financial advisors. Say no to high pressure sales tactics.
  • Who Should I notify about fraud or scam attempts?

Mortgage Calculator

Let us help.

Call us toll free at
1 (888) FOR-SALE (1-888-367-7253)

Monday – Friday 8am - 8pm (Eastern Time)
Saturday – 11am – 3pm (Eastern Time)
Sunday – Closed

Tell me more about this property. Contact the seller