348 Alhambra Place
West Palm Beach, FL 33405
1247 sqft | 2 beds | 1 bath | 0.04 acres | #FX-10493905
Description
Located in the highly sought-after SoSo (South of Southern) neighborhood, just a few blocks from the Intracoastal Waterway, this 1950s single-level property offers a rare chance to invest in one of the most rapidly evolving areas in South Florida. Once considered a quiet pocket of West Palm Beach, SoSo is now at the epicenter of what many are calling Palm Beach West, thanks to the area's transformation into a luxury, finance-forward destination known as Wall Street South. Whether you're an investor, developer, or visionary homebuyer, this gem is a canvas for your next big move.2-bedroom, 1-bath main home filled with vintage characterMaster bath is plumbed and ready for your finishing touchDetached bonus studio ideal for rental income, in-laws, or a home office Opportunity in the Heart of Palm Beach WestLocated in the highly sought-after SoSo (South of Southern) neighborhood, just a few blocks from the Intracoastal Waterway, this 1950s single-level property offers a rare chance to invest in one of the most rapidly evolving areas in South Florida. Once considered a quiet pocket of West Palm Beach, SoSo is now at the epicenter of what many are calling Palm Beach West, thanks to the area's transformation into a luxury, finance-forward destination known as Wall Street South.Whether you're an investor, developer, or visionary homebuyer, this gem is a canvas for your next big move. Property Highlights:2-bedroom, 1-bath main home filled with vintage characterMaster bath is plumbed and ready for your finishing touchDetached bonus studio ideal for rental income, in-laws, or a home officeGenerous lot with room to renovate, expand, or rebuildADT security system + CCTV on both the home and studioQuiet, tree-lined street surrounded by multimillion-dollar properties Why This Location Matters:Steps from new luxury development featuring upscale apartments and a high-end grocery storeJust a few blocks from the Intracoastal and minutes to Palm Beach Island12 minutes to Palm Beach International Airport15 minutes to Downtown WPB and the Financial DistrictSurrounded by luxury high-rise development, boutique financial firms, and a new wave of affluent buyersPart of the greater Palm Beaching trend reshaping how people live, work, and invest in the area As West Palm Beach continues its transformation into a polished financial and lifestyle hub, opportunities like this are becoming harder to find. Whether you want to restore its original charm, generate income, or build new, this property is your entry point into the future of Palm Beach living. Sold As-Is. Cash buyers preferred, but all serious offers considered SoSo is more than up-and-coming, it's becoming iconic. Don't miss your chance to own a piece of what's next.
Property Details
- Utility FeaturesCable Connected, Lake Worth Drain Dis, Public Sewer, Public Water
- Property SubtypeSingle Family Detached
- SubdivisionHOMEWOOD WPB IN
- MLS #FX-10493905
- MLS #FX-10493905
- Lot Features< 1/4 Acre
- Lot Description< 1/4 Acre
- Exterior FeaturesOpen Porch
- Exterior MaterialsOpen Porch
- CountyPalm Beach
- Original List Price$1,111,000
- StyleCourtyard
- Property TypePurchase
- RoofConcrete
- CoolingCentral
- HeatingCentral
- Taxes Annual$12,799
- Cost1111000
- Acres0.043
- Square Feet1247
- Lot Size (sqft)1894
- Year Built1950
- Bedrooms2
- Bathrooms1
- Full Baths1
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Lina Navarrete (#279614884)
Listing Office: The Real Estate Collection SF (#RECO)

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