House in West Palm Beach, FL 33401

Matthams Park, 281 Austin Ln

Welcome to this one of a kind, peaceful, income producing property nestled in the Historic El Cid neighborhood. This unique compound with 3 separate living quarters is located in and amongst trees on a small, quiet lane with virtually no through traffic, a half block from the Intracoastal Waterway and pedestrian/bike promenade. This unique turn-key property, is located in the most desirable neighborhood in downtown West Palm Beach, is extremely versatile, easy to maintain, and very cost efficient. The Upstairs studio has been rented as a vacation rental for the past 3 years and has received nothing less than 5 star reviews. The current owner has enjoyed using the downstairs studio as a home office, but this too can be rented out on a short or longterm basis. The 3 bedroom, 2 bath main home, feels like a private, tropical oasis with windows looking out at the lush landscape that surrounds the property. All three units have hurricane windows installed in 2011, there is an automatic sprinkler system, and all water for the beautiful landscape comes from a well which keeps costs down. The tidy, tropical back yard is fenced and has professionally installed artificial turf, landscape lighting throughout the property and a 10 X 14 shed to store bikes, garden tools, etc. The screened porch offers a lovely, tranquil place to enjoy the sounds of nature and could be converted into a sunroom with sliding glass windows if desired. There is off street parking to accommodate up to 5 vehicles. This property is right next door to Palm Beach Day Academy Flagler campus and a 3 minute walk to The Green School. This tranquil oasis must be seen to appreciate all it has to offer.