Bought with Premier Estate Properties, Inc
$4,230,000
$4,000,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
6,460 SqFt
SOLD DATE : 03/05/2021
Key Details
Sold Price $4,230,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,460 sqft
Price per Sqft $654
Subdivision Ocean Park H W Robbins
MLS Listing ID RX-10627606
Sold Date 03/05/21
Full Baths 2
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 30
Year Built 1922
Annual Tax Amount $72,441
Tax Year 2019
Lot Size 0.266 Acres
Property Description
Fully Leased! Income generating from day 1. This 16 unit multifamily building is located in the center of town. The 16 units are spread out across 4 unique buildings. The units consist of a mix of studio, Jr 1 bedroom, and 1 bedroom apartments as well as a free standing cottage. The lot has 100' of frontage on Seminole Avenue and is 116' deep with 11,600 sqft. Zoned RC - ( 50-PALM BEACH). This property is steps from the beach, lake trail, Publix, shopping and dining at the Meat Market Restaurant and on Royal Poinciana Drive and Plaza.
Location
State FL
County Palm Beach
Area 5002
Zoning R-C(ci
Interior
Heating Other
Cooling Wall-Win A/C, Other
Flooring Ceramic Tile, Laminate, Other, Wood Floor
Exterior
Exterior Feature Auto Sprinkler, Custom Lighting, Open Patio, Open Balcony, Exterior W/D Hookup
Community Features Sold As-Is, Survey
Utilities Available Electric, Public Water, Public Sewer, Cable
Amenities Available Bike - Jog, Street Lights, Tennis, Sidewalks, Boating, Bike Storage
Waterfront No
Waterfront Description None
View Garden, Intracoastal
Roof Type Other,Mixed
Present Use Sold As-Is,Survey
Parking Type Open Parking
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre, East of US-1, Sidewalks, Public Road
Story 2.0
Foundation Frame, Stucco
Construction Status Resale
Others
Senior Community No Hopa
Restrictions Buyer Approval
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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