354 Marlborough Place, West Palm Beach, FL, 33405 | $1,895,000

You get the best of both worlds with this classic 1940s Spanish Style home in Prospect Park with old world styling but all the updates for modern living! The main house is spacious with 4 bedrooms and 2 ½ baths, including a convenient first floor primary suite with walk-in closet, roomy ensuite bath with dual sink vanity and oversized shower, and French Door to private landscaped patio. Unusual for the area, this compound also includes a true two-car garage that is free standing behind the main house with space enough for two cars plus workshop areas. Above the garage is the perfect guest cottage with open living area, 1 bedroom, 1 full bath and a balcony overlooking the backyard. This lot is spacious - over 8500 square feet - with space to play or entertain and plenty of room for a pool. You enter the home into a spacious living area with lovely, engineered hardwood floors throughout and a grand fireplace with stately mantel. Amazing layout for entertaining with a true formal dining room right off the living room. The kitchen is fully updated with white shaker cabinetry, quartz countertops, stylish tile backsplash and GE stainless steel appliances including range, built-in microwave, dishwasher and French Door refrigerator. For convenience, there is also a powder room and laundry on this level. In addition to the downstairs master suite, there are three additional bedrooms upstairs in the main house and an updated full bath with double sink vanity for extra storage. Collector cars? Or just like to keep your automobiles out of the elements? Unusual for a historic property, you have a large, detached, two-car garage here with separate garage doors and plenty of room for storage or tools or projects behind the area for cars. There is also a laundry room here on this level for guests (in addition to the laundry facilities in the main house). A flight of stairs takes you to a covered balcony above the garage and the entry to the guest cottage with an updated kitchen complete with stainless steel appliances including a dishwasher and shaker style cabinetry with white quartz countertops. The living areas are light and bright, and the guest house has a spacious bedroom with closet. The grounds are gated with electronic access to create an exclusive retreat, and the long drive provides plenty of off-street parking in addition to the garage. Tropical landscaping includes beautiful palms and a lush clusia hedge for privacy. Centrally located in the historic neighborhood of Prospect Park which is north of Antique Row and south of Downtown West Palm Beach, this property is just blocks from coffee shops including Starbucks, Dunkin' and Common Grounds, fine dining at Maison Carlos or Pink Steak, local favorites like Lynora's Kitchen for casual Italian, City Diner, Ana's Killer Empanadas, Celis Juice Bar and Tropical Smokehouse BBQ. There are also multiple gyms and fitness centers, salons, and both Joseph's Classic Market and Publix are nearby for groceries. Convenient to everywhere you want to be - just a few miles to the beach, the airport, the Brightline, downtown West Palm Beach and the world class shopping on Worth Avenue.

Features

  • Amenities: Jogging Path, Park, Trail(s), Street Lights
  • Rooms: 9
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Lot Size: 60' x 143'
  • Laundry: Inside
  • Style: Old Spanish
  • Development: Prospect Park Historic District
  • Year Built: 1943
  • Garage: 2-car Detached
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,503
  • Acreage: 0.2
  • Lot Size: 60' x 143'
  • Est. Taxes: $11,016
  • Lot Desc: Room for Pool, Sidewalks
  • View: Garden
  • Elem. School: Palm Beach Public
  • High School: Forest Hill
  • Pet Policy: Yes, No Restrictions
  • Appliances: Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Microwave, Refrigerator, Washer
  • MLS#: R11146178
  • Website: https://www.raveis.com
    /eprop/R11146178/354marlboroughplace_westpalmbeach_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

William Raveis Family of Services

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Nancy SmetanaSales Associate

203.598.1749

Nancy.Smetana@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Laurie BergerVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12578

203.520.1925

Laurie.Berger@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Rosemarie DePasqualeInsurance Sales Director, William Raveis Insurance

203.561.0013

Rosemarie.DePasquale@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

354 Marlborough Place, West Palm Beach, FL, 33405

$1,895,000

Nancy Smetana

Sales Associate

William Raveis Real Estate

Phone: 203.598.1749

Nancy.Smetana@raveis.com

Laurie Berger

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.520.1925

Laurie.Berger@raveis.com

NMLS Mortgage Loan Originator ID 12578

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,516,000 $1,516,000 $1,516,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.350% 6.259% 6.183%
Monthly Tax Payment $918 $918 $918
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,089 $9,211 $12,793
Total Monthly Payment $10,132 $10,254 $13,836

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.