Bought with RE/MAX Ocean Properties
$525,000
$549,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
2,537 SqFt
SOLD DATE : 04/30/2019
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,537 sqft
Price per Sqft $206
Subdivision Highland Pines
MLS Listing ID RX-10515865
Sold Date 04/30/19
Bedrooms 5
Full Baths 5
Construction Status Resale
HOA Y/N No
Year Built 1977
Annual Tax Amount $3,109
Tax Year 2018
Lot Size 0.303 Acres
Property Description
Beautifully renovated duplex perfect for discerning investor. This property is located in the high rent area of Palm Beach Gardens with two shutouts that lets you rent the property as 2, 3, or 4 units, You a lot of flexibility: Live in one and rent the others or rent all of the units to maximize income. This CBS property features 2 full kitchens and 2 kitchenettes, a pool, a large screened enclosure, a community laundry room, lots of parking, a small yard for pets, brand new appliances, and brand new finishes. When split up into 4 separate units the property consists of a 2/2, a 2/1, a 1/1, and an efficiency. Pro forma rent for the 4 units is approx $5,250.00. As a duplex, it's approx $3600.00. You can add more income by expanding. Zoning allows for up to 5 dwelling units!
Location
State FL
County Palm Beach
Area 5300
Zoning RM
Interior
Heating Central
Cooling Central
Flooring Tile
Exterior
Exterior Feature Fence, Screen Porch, Shed
Pool Inground
Utilities Available Public Sewer, Public Water
Amenities Available None
Waterfront Description None
View Pool
Roof Type Comp Shingle
Private Pool Yes
Building
Lot Description 1/4 to 1/2 Acre, Paved Road, Public Road
Story 1.0
Foundation Block, CBS, Concrete
Construction Status Resale
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Contract for Deed, Conventional, Exchange, VA
Listing Terms Cash, Contract for Deed, Conventional, Exchange, VA
Financing Cash,Contract for Deed,Conventional,Exchange,VA
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