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648 Riverside Road
About This Property
Nestled in the heart of North Palm Beach's exclusive Country Club neighborhood this home offers a unique blend of old and new Florida. Four walls were repurposed during a 2015 essentially new build that added a second story.
Lifted from the pages of Architectural Digest, the fabulous master suite enjoys panoramic views of the waterfront, a large private balcony. and a spacious master bath. The grand, well-appointed kitchen opens to the living room. Renovations also include all new baths, electrical, HVAC and hurricane windows and doors.
Located at the end of a cul-de-sac with Southeast exposure, this property is a boaters dream home with over 250' of L-shaped waterfront including 210' of deep water canal protected dockage. A perfectly positioned pool, a detached two car garage along with n extremely rare free standing pool cabana complete this highly desirable package. You won't find more seawall, more renovated square footage and more value than 648 Riverside.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2021 | Sold | ||
| Sold | |||
| Jul 27, 2021 | Listed by The Keyes Company (PBG) | $4,395,000 | |
| Listed by The Keyes Company (PBG) | |||
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Don't miss your chance to own this completely renovated, gorgeous waterfront home in the Village of North Palm Beach located on a deep water canal. Completely renovated in 2015. 2nd floor added in 2015. 6 bedroom, 5.1 baths. Total Sq. Ft. 6,952. Living Sq. F.t 5,070. Lot measures 189 x 110 x 209 x 40. Located at the end of a cul-de-sac. 250 feet of waterfrontage.
24,000 lb boat lift. No fixed bridges.
Electrical is 350 amps going to the dock and 3 power pedestals. 3 phase electric available at dock. New seawall cap and pilings. CBS construction.
Impact windows. 3 car garage. Wood and marble floors throughout. Recessed lighting throughout. Pool, and canal view from almost every room.
Gourmet kitchen with oversized island, wood cabinetry with glass door accents, gas stove with vented hood, wall oven wall microwave and desk area. Bright breakfast nook area, Family room has sliders and French doors leading to the pool, yard and dock area. 2nd floor master bedroom has 2 oversized walk in closets, French doors and sliders leading to the private balcony with sweeping water views.
Master bath has his and hers vanities, soaking tub, separate walk in shower, and room for seating. 5 bedrooms on the 1st floor. Covered lanai with South exposure. Pool with brick paver deck and cabana bath. Laundry room with storage cabinets, countertops and utility sink.
The Village of North Palm Beach features several beautiful parks, such as Anchorage Park, with playgrounds, docks, volleyball courts, tennis courts, and a dog park. The Village is also home for the newly renovated North Palm Beach Country Club, featuring an Olympic swimming pool, splash pad, picnic area, an on-deck tiki hut, 200 seat banquet room, 100 seat Farmer's Table restaurant, A Jack Nicklaus Signature Golf Course, and a full featured Tennis Facility with Har-Tru courts. Close to beaches, recreation, dining and entertainment. Easy access to major highways and Palm Beach International Airport. AVAILABLE FOR LEASE AT $20,000 PER MONTH
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| Jul 19, 2021 | No longer available | - | |
| No longer available | |||
| Jun 21, 2021 | Listed by Sutter & Nugent LLC | $4,495,000 | |
| Listed by Sutter & Nugent LLC | |||
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Located in the Country Club Addition of North Palm Beach, this is a rare opportunity to own 250ft of waterfront, with like New construction on a Cul-de-sac. This rare parcel offers close to a 1/2 acre, with deep water canal protected dockage, 3 PHASE electrical set up for larger boats, no fixed bridges and more. 648 Riverside went under an extensive all inclusive rebuild in 2015 offering all the luxuries of new construction. Full CBS, Impact Windows, wood and marble floors throughout, a gourmet chefs kitchen with an enormous island, and 5 en-suite rooms relaxed over 5,100 sqft under air. Inspired from the pages of Architectural Digest, the gorgeous master suite boasts panoramic views of the water-frontage, a large private balcony and spacious master bath with two huge walk in closets The manager has listed the unit size as 5070 square feet.
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| May 28, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017