Bought with Realty ONE Group Innovation
$575,000
$719,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
3,051 SqFt
SOLD DATE : 10/18/2024
Key Details
Sold Price $575,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,051 sqft
Price per Sqft $188
Subdivision Palm Beach Farms Co 7
MLS Listing ID RX-10985836
Sold Date 10/18/24
Bedrooms 5
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1958
Annual Tax Amount $8,791
Tax Year 2023
Lot Size 0.930 Acres
Property Description
Exceptional investment opportunity with the potential for further development . Rarely does an income property offer such a generous expanse of land. Nested on 1.19 acre lot, zoned multi-family medium density, conveniently located within close proximity to commuter routes, these 4 units in need of renovations, offer a potential for steady flow of income. The possibilities for renovations, expansion, landscaping or additional amenities to increase value.
Location
State FL
County Palm Beach
Area 5700
Zoning RM
Interior
Heating No Heat
Cooling Wall-Win A/C
Flooring Tile
Exterior
Exterior Feature Extra Building
Utilities Available Electric, Septic, Water Available, Well Water
Amenities Available None
Waterfront No
Waterfront Description None
View Garden
Roof Type Comp Shingle
Parking Type Open Parking
Private Pool No
Building
Lot Description 1 to < 2 Acres
Story 1.0
Foundation CBS
Construction Status Resale
Schools
Elementary Schools Palm Springs Elementary School
Middle Schools Lake Worth Community Middle
High Schools Lake Worth High School
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Find out why customers are choosing LPT Realty to meet their real estate needs