258 Granada Rd

About This Property

This meticulously restored historic residence, boasting 3,724 square feet of timeless elegance, comprises a 2,810 square foot main house with 5 bedrooms and 3.5 baths, complemented by an 850 square foot detached guest apartment and garage. Preserving the opulent charm of the 1920s, the home features impeccably maintained original details, now safeguarded by impact windows and doors. A spacious gourmet kitchen, adorned with bespoke cabinetry and quartz countertops, adjoins a luminous living room with soaring coved ceilings and an original fireplace. The den's striking black and white checked floor captivates, yet it's the dining room, crowned by a two-story atrium ceiling, that commands attention.Upstairs, panoramic vistas of the Intracoastal waterway enhance the allure, especially from the master suite's balcony. Marble accents grace the master bath, while ample closets grace the two additional bedrooms. A picturesque atrium, with pecky cypress ceiling and shuttered openings, imbues the second floor with a unique ambiance. An air-conditioned garage accommodates a guest apartment, featuring a full bath and kitchen. The backyard, reminiscent of a magazine spread, offers a covered loggia and a heated pool. Enclosed by walls, fencing, and electronic gates, this property epitomizes the grandeur of El Cid's showcase homes. For those interested in increasing their passive cashflow while residing elsewhere, this could be the perfect investment for you the main home can be rented for $13,000 per month, and the one-bedroom studio can fetch $1,750 per month. If that's not enticing enough, consider the Airbnb potential, which has the capacity to generate an additional $136,000 per year. What's more, the garage below the studio presents the opportunity for conversion into another unit, transforming this investment into a potential triplex. This property is truly a cash cow don't miss out on this incredible investment opportunity!