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739 Sunset Road
About This Property
As the most expensive house built in Flamingo Park in its time, it boasts unique features as enamel cast-iron, iron sinks in the bedrooms, a rarity even among the luxurious standards of the period. The home also served as a boarding house during the 1930s, adding layers of history through its transformation and the guests like it hosted.
Beyond its rich history, the house stands as an architectural marvel, uniquely situated on the highest elevation in the area. Its design includes original features like solid pecky cypress doors and ceilings, jeweled glass door handles, Murano hand blown glass sconces, and a kitchen that hosts a blend of vintage charm and modern amenities. The detailed craftsmanship is evident in the original lathe and plaster walls enhanced with horsehair, a binding agent that speaks to the home's enduring quality, original, mosaic tile floor in the downstairs Florida room.
The exterior holds just as much charm, with a coach room and a garage that reflect the home's grandeur. An upstairs apartment over the garage offers additional living space, adorned with red oak floors and solid cypress doors, ensuring that every inch of this room, reflect the homes
property resonates with quality and historical significance.
This historical home has not only been a cherished residence but also a beacon of historical significance, featured on more home tours in Flamingo Park than any other, drawing architects, historians, and enthusiasts eager to glimpse into Florida's architectural past.
Despite its historical charm, the home acknowledges the need for modernization, particularly in its windows, presenting a unique opportunity for the next owner to blend the old with the new, ensuring the longevity of its legacy.
As it stands, this property is not just a house but a piece of history, offering a chance to live in a work of art that has been lovingly maintained and celebrated. It awaits a new chapter with an owner who appreciates its past and envisions its future, making it more than a residence but a legacy to be cherished for generations to come.
To explore this opportunity, schedule your private showing now and take the first step towards making it your own.
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What does this mean?
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.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | Listed by Donohue Real Estate Palm Beach | $1,990,000 | |
| Listed by Donohue Real Estate Palm Beach | |||
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A Timeless Gem: The 1926 Addison Mizner -Associated Watts Potts Pottery Home - A Historic Residence in Flamingo Park. Nestled in the heart of West Palm Beach's prestigious Flamingo Park lies a hidden gem with a storied past: a 1926 historical home that has stood the test of time. This one-of-a- kind, three-story residence, complete with a basement and a two-bedroom apartment in the back, is a testament to the golden era of Addison Mizner's architectural brilliance in Florida. Originally tied to the Watts Potts family, prominent local artisans whose craftsmanship adorned many Mizner homes in the 1920s, this house embodies the spirit of an era when quality and detail were paramount.
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About Flamingo Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017