About this home
This is a truly unique property in this predominantly single-family home neighborhood east of Federal Highway and just one block from the golf course and Intracoastal. Property zoned multi-family/duplex with two separate meters. MUST SEE! This stunning property was completely renovated in 2021/2022. The main house is 2/1 with a 2/1 guest house (second unit). Begin sold turnkey. Currently operating as a very desirable Airbnb with great revenue. Each unit shows like a model. No detail was overlooked in its renovation. High-end finishes are throughout. Front unit is 1,066 s.f. under air. Bright and sunny living space, real oak wood floors, open kitchen with stand-alone coffee bar, formal dining room, two bedrooms and bath with walk-in shower and a large wood deck where you can enjoy outdoors. Owner has plan for a pool for this area. The rear unit is 660 s.f. under air and has its own kitchen, two bedrooms and bath, plus a large room that can be used for storage or turned into a walk-in closet. AND it has its own private outdoor patio that is fully fenced. All hurricane impact windows and doors, recessed lighting, custom window treatments, walk-in closets, professional landscaping. Separate private entrances. Back unit has off-street parking from the alleyway. Downtown and the beach are just minutes away.
Listing last checked: Listing updated:
Listed by Jonathan Allen, Erin Allen · Illustrated Properties · MLS #B26064817
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Details at a glance
Interior3 property facts
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Flooring
- Wood
Building4 property facts
- Style
- Single Family Residence
- Year built
- 1933
- Parking
- 4
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.11 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- SF-R (city)
Financial2 property facts
- Annual taxes
- $15,080
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $849,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,550 / monthAdjust
- Principal & interest
- $4,293
- Property tax
- $1,257
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $15,080. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$819,000 · Sold $785,000 · Jul 7, 2023
- Sld
$625,000 · Sold $610,000 · Jul 6, 2021
- Sld
$339,000 · Sold $320,000 · Feb 3, 2021
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About 1305 N Palmway
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