Home in 436 38th Street, West Palm Beach, FL 33407 for sale with MLS# B26085922

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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Days on the market

436 38th Street, West Palm Beach, FL 33407

Price
Price:
$899,000.00
Original List Price:
$899,000.00
List Price per Sq Ft (Calculated, Approx.):
$607.84
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
New Listing
Last Major Update on:
October 8, 2026 5:25 pm
Rooms Distribution
Bedrooms:
4
Bathrooms Total:
3
Full Bath:
3
Room Type:
Kitchen, Living Room, Master Bedroom, Maid/in-law Quarters
Measures
Living Area:
1,479 Sqft
Built-Up Area:
1,479 Sqft
Lot Area:
6,000 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Size Acres:
0.14
Property Features
Waterfront:
No
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Washer
Interior:
Entrance Foyer
Patio and Porch:
Patio, Patio - Open
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Fence:
Fenced
Property Entrance Faces:
North
Storm Protection Impact Glass:
Partial
Construction
Year Built:
1940
Roof:
Barrel
Year Roof Installed:
2024
Architectural Style:
Mediterranean
Levels:
Two
Construction Materials:
CBS
Flooring:
Wood
Number of stories:
1
Structure Type:
House
Stories:
1
Road Frontage Type:
City Street
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$18,045.7
Tax Year:
2025
Tax Assessed Value:
$677,264.00
Property Tax Details:
No Homestead
Parking
Parking Total Spaces:
2
Covered Spaces:
0
Parking Features:
Driveway, Paver Block
Utilities
Sewer:
Public Sewer, Private Sewer
Utilities Available:
Cable Available, Electricity Available, Water Connected
Water Source:
Public
Community
Pets Allowed?:
Size Limit (There are size restrictions on allowed pets), Yes
Lease Number Times per Year Allowed:
365
Subdivision Name:
NORTHWOOD ADD
Senior Community:
No
Development Name:
NORTHWOOD
Restrictions:
No Smoking
Minimum Days per Lease:
0
Leasing Permitted
Leasing Permitted Details:
Short Term Rentals Allowed
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Buyer Possession:
Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
NORTHWOOD ADD LT 12 BLK 3
Real Estate Folio Number (Parcel Number):
74434309050030120
Zoning:
SF14 (city)
Public Schools Assigned
Elementary School:
Baldwin Park Elementary
High School:
Palm Beach Lakes
Middle Or Junior School:
John F. Kennedy (palm Beach)
Listing History
Active on the market since:
October 8, 2026
Listing Agreement executed on:
October 8, 2026
Listing Status Last Changed On:
October 8, 2026 5:25 pm
Photos updated on:
October 8, 2026 5:25 pm
Last Modified:
October 8, 2026 5:46 pm
Additional Information
Courtesy of:
Tolliver Prince Realty
Attribution:
Not provided
Location
Street Name:
38th
Street Number:
436
City:
West Palm Beach
State:
Florida
Zip Code:
33407
County:
Palm Beach
Latitude:
N26° 44' 50.1''
Longitude:
W81° 56' 46''
Street Suffix:
Street
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $56,606
Median Home Value $290,500
Median Rent $1,551/mo
Median Age 37
Population 34,728
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Association of REALTORS®
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