436 38th Street, West Palm Beach, FL 33407

About 436 38th Street, West Palm Beach, FL 33407

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.

How This Listing Compares in West Palm Beach

Per square foot, it is asking 126% above the West Palm Beach median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

Medians from closed MLS sales in West Palm Beach; a starting point, not an appraisal.

Home Features at 436 38th Street, West Palm Beach, FL 33407

Bathrooms Full

3

Bathrooms Half

0

Interior Features

Entrance Foyer, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Maid'S Quarters

Appliances

Dishwasher, Dryer, Washer

Flooring

Wood

Heating

Central

Cooling

Central Air

Furnished

Furnished,Furniture Only

Architectural Style

Mediterranean

Parking Features

Driveway, Paver Block

Pool Private

No

Year Built Details

Resale

Direction Faces

North

The Building at 436 38th Street, West Palm Beach, FL 33407

Building Area Total

1479

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Association Fee

0

Pets Allowed

Yes

Lot, Views & Construction at 436 38th Street, West Palm Beach, FL 33407

Lot Features

Less Than 1/4 Acre Lot, Less Than 1 Acre, Fenced

Lot Size Square Feet

6,000

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Barrel, Barrel Roof

Sewer

Public Sewer, Public Sanitation, Private Treatment Plant, Sewer, On-Site Treatment

Water Source

Public

New Construction

No

Taxes & Public Record for 436 38th Street, West Palm Beach, FL 33407

Parcel Number

74434309050030120

Tax Annual Amount

$18,045

Tax Year

2,025

Tax Legal Description

NORTHWOOD ADD LT 12 BLK 3

Zoning

SF14 (city)

County Or Parish

Palm Beach County

Assigned Schools for 436 38th Street, West Palm Beach, FL 33407

Elementary School

Northmore

Middle School

John F. Kennedy

High School

Palm Beach Lakes

School assignments are provided by the listing and should be independently verified.

Map & Neighborhood