Rare Opportunity: Historic Board-Approved Luxury Estate in the Heart of El CidDiscover an extraordinary opportunity to transform a 1925 historic gem into a spectacular luxury estate in the heart of West Palm Beach's highly sought-after El Cid neighborhood. In a significant milestone, the property's stunning architectural plans by celebrated architect Dr. Russell Rosicki have received approval from the West Palm Beach Historic Preservation Board. This coveted approval, achieved through a rigorous...Rare Opportunity: Historic Board-Approved Luxury Estate in the Heart of El CidDiscover an extraordinary opportunity to transform a 1925 historic gem into a spectacular luxury estate in the heart of West Palm Beach's highly sought-after El Cid neighborhood. In a significant milestone, the property's stunning architectural plans by celebrated architect Dr. Russell Rosicki have received approval from the West Palm Beach Historic Preservation Board. This coveted approval, achieved through a rigorous and often lengthy review process, represents an exceptional advantage for the discerning buyer--eliminating a major development hurdle and providing a valuable head start toward construction. The thoughtfully designed and historic board-approved plans envision an elegant four-bedroom, four-and-a-half-bath main residence, complemented by a freestanding two-car garage with a private one-bedroom, one-bath guest apartment above. Set on a spacious 7,230-square-foot Lake Block corner lot, the property offers an exceptional opportunity to combine historic character with contemporary luxury and personalized finishes. The sale includes the existing home, garage and guest apartment in as-is condition, the architectural plans, and lot clearing. With the critical Historic Preservation Board approval already secured, buyers can move forward with greater confidence, avoiding the substantial time, complexity, and uncertainty associated with obtaining this important approval. Construction bids are also available, providing additional clarity and a valuable head start on bringing this remarkable vision to life.A truly rare opportunity to create a one-of-a-kind luxury estate in one of West Palm Beach's most desirable historic neighborhoods--with the architectural vision established, a major approval milestone achieved, and the freedom to make the finishing touches entirely your own. The property has been preliminarily approved to receive the 10 year tax abatement which exempts 100% of the increase in assessed property value resulting from the renovation!
View MoreCourtesy of
Agency Name: William Raveis Real Estate
Agent Name: STEPHEN SIMPSON
Agency Phone: 561-655-6570
Presented by
Agent Name: Roni Sterin
Agent Phone: 305.942.7446
Agency Title: The Keyes Company
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227 Sunset Road, West Palm Beach, FL 33401.
Email 227 Sunset Road, West Palm Beach, FL 33401
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