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$775,000
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Property Description
A Boutique Oasis in the Heart of West Palm Beach. Fully renovated from top to bottom, this distinctive West Palm Beach residence offers a rare blend of boutique-style charm, artistic design, and resort-inspired living in a highly walkable location. Currently operating as a very successful Airbnb and on other short-term rental platforms as''The Lili Pad'' offers strong income potential while remaining move-in ready. The property features a private pool and lush, fully fenced backyard, creating a tranquil outdoor retreat ideal for relaxing, entertaining, or enjoying the Florida sunshine. Inside, curated artistic interiors and vintage-inspired elements add warmth and character throughout. The living room is highlighted by a striking lily pad mural, while a bright Florida room/sunroom provides flexible space for a home office, sitting area, or creative studio. An open dining area with built-in seating and abundant natural light flows seamlessly into a fully renovated modern kitchen, offering both style and functionality. A converted open-air lounge enhances the indoor-outdoor living experience, perfect for entertaining or everyday enjoyment. Additional features include spa-inspired bathrooms, in-unit washer and dryer, and excellent indoor-outdoor flow. Ideally located near Clematis Street, Rosemary Square (CityPlace), the Norton Museum of Art, Palm Beach Zoo, Peanut Island, and more, this home presents a rare opportunity to purchase a fully renovated, character-rich property with both lifestyle appeal and income potential in one of South Florida's most vibrant coastal cities.
Full Property Details
Full Property Details for 705 Colonial Rd
General
- Price: $775,000
- Taxes: $8,994 (2025)
- Status: Under Contract
- Type: Single Family
- Source: Regional
- MLS ID: R11158993
- Updated: 2/18/2026
- Added to Site: 24 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Bidet, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Jetted Tub, Split Bedrooms, Storage, Tub Shower, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Decorative
- Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Water Heater, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Additional Information
- Shared Amenities: Playground, Park, Sidewalks
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Heated, In Ground
- Security/Safety: None
Exterior
- Exterior Features: Outdoor Living Area, Outdoor Shower
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Attached, Garage
Location
- County: Palm Beach
- Subdivision: HILLSIDE PARK
- Driving Directions: forest hill to georia ave north to colonial rd go west house on the right
- Direction Faces: Southeast
Community
- Community Name: 5430
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Spanish/Mediterranean
- Construction: Frame, Stucco
- Roof: Composition, Rolled/Hot Mop, Shingle
- Windows: Blinds
- Stories/Levels: 1
- Building Size: 1568
- Square Feet: 1,568
- Living Area: 1,568 Sq. Ft.
- Year Built: 1928
- Property Condition: Resale
Lot Features
- Property View: Garden, Pool
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662.8
- Lot Dimensions: 50 x 110
- Frontage: Public Road
- Sidewalks: Yes
- Lot Features: Interior Lot, Item14Acre
- Zoning: SF7 - SINGLE-FA
Water Features
- Water Front View: None
Financial Considerations
- Tax Amount: $8,994
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: HILLSIDE PARK LTS 188 & 189
- Property ID: 74434409040001880
Listed by Hampton Real Estate Group
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Schools
Schools serving 705 Colonial Rd
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Palmetto Elementary School, West Palm Beach, FL 5801 Parker Avenue, West Palm Beach, FL 33405 | PK-5 | 0.4 mi |
Conniston Middle School 3630 Parker Avenue, West Palm Beach, FL 33405 | 6-8 | 1.2 mi |
Forest Hill Community High School 6901 Parker Avenue, West Palm Beach, FL 33405 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 705 Colonial Rd
Date
Details
Price
Change
Source
1/31/2026
Listed
$775,000
47.62%
MLS
3/29/2024
Sold
$525,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 705 Colonial Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,997
39%
$424,953
18%
2024
$6,459
3%
$360,317
-5%
2023
$6,287
11%
$381,087
21%
2022
$5,651
10%
$315,354
23%
2021
$5,115
—
$256,447
5%
2021
$5,115
14%
$245,235
44%
2019
$4,489
16%
$170,831
10%
2018
$3,872
7%
$155,301
10%
2017
$3,625
7%
$141,183
10%
2016
$3,394
4%
$128,348
10%
2015
$3,256
12%
$116,680
10%
2014
$2,920
18%
$106,073
10%
2013
$2,477
—
$96,430
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 705 Colonial Rd
705 Colonial Road, West Palm Beach, FL 33405 (MLS# R11158993) is a Single Family property with 2 bedrooms and 2 full bathrooms. 705 Colonial Road is currently listed for $775,000 and was received on January 31, 2026. Want to learn more about 705 Colonial Road? Do you have questions about finding other Single Family real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

