Exceptionally located on the Intracoastal block downtown, within walking distance of the Palm Beach Yacht Club, five minutes' drive to the Breaker's Hotel & beach, this home can accommodate both family & staff all year. The 4bed three bath .241acre property also boasts a green-space large enough for a pool. Step through the front door of the main house and into a large family room with a decorative wood burning fireplace and ornate column staircase. There is also a den, formal dining room and office on the main floor that open out to a generously sized covered & screened patio. The home is loaded with original charm from Saltillo tile, Dade county pine floors, Pecky Cypress, plaster moldings and cut-glass door hardware. Upstairs you will find 4 bedrooms with two having their own screened balcony, 2 full baths and a bonus sitting room that can double as an office/play space or entertaining loft with tons of natural light. The back-building houses a two-space carport which can be converted into a garage along with 3 income producing apartments, tenant laundry room and separate staff quarters located off of the back alley. Enjoy strolling downtown or over the Bridge to Palm Beach for shopping, restaurants and entertainment. All conveniently located close to P.B.Atlantic University and a number of top schools. Don't miss this rare opportunity to own a unique investment!