FL > West Palm Beach > North Palm Beach
West Palm Beach, FL 33407
See all 34 photos
West Palm Beach, FL 33407
West Palm Beach, FL 33407
West Palm Beach, FL 33407
West Palm Beach, FL 33407
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Michele Bellisari

Michele Bellisari

+1(561) 926-4643
Listed by Keller Williams Realty/P B
$ 525,000
Est. payment /mo
Save Virtual Tour
Active

West Palm Beach, FL 33407

3 Beds

3 Baths

1,700 SqFt

UPDATED:

10/16/2024 01:26 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,700 sqft

Price per Sqft $308

Subdivision North Palm Beach

MLS Listing ID RX-11019429

Bedrooms 3

Full Baths 3

Construction Status Resale

HOA Y/N No

Year Built 1926

Annual Tax Amount $3,013

Tax Year 2023

Property Description

Introducing a rare opportunity to own a Spanish-style detached triplex in the sought-after area of West Palm Beach. This investment gem offers a current cap rate of 8.61%, making it an attractive option for those looking to enhance their real estate portfolio.Property Highlights:-Three separate rental units present a steady income stream. Unit 1 will be available by 10/31/25. Unit 2 is currently under a lease that runs through 9/1/25. Unit 3 is on a six-month lease, set to expire on 3/31/25.Monthly Income:Unit 1 - $2,100Unit 2 - $1,450Unit 3 - $900-Built on a 50 x 105 lot, this property showcases classic stucco exterior walls with a durable built-up roof, ensuring long-lasting quality and minimal maintenance.

Location

State FL

Zoning SF7(ci

Interior

Heating No Heat

Cooling Ceiling Fan, Electric, Wall-Win A/C

Flooring Ceramic Tile, Wood Floor

Exterior

Exterior Feature None

Utilities Available Public Sewer, Public Water

Amenities Available None

Waterfront No

Waterfront Description None

Roof Type Built-Up

Parking Type Open Parking

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1.0

Foundation Frame, Stucco

Construction Status Resale

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Michele Bellisari

License ID: https://michelebellisaribocara

+1(561) 926-4643

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

Quick Search