Bought with Coldwell Banker Realty /Delray Beach
$965,000
$965,000
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324 Ocean Breeze 1 Lake Worth, FL 33460
8 Beds
7 Baths
3,763 SqFt
Key Details
Sold Price $965,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,763 sqft
Price per Sqft $256
Subdivision Lake Worth Town Of
MLS Listing ID RX-10718856
Bedrooms 8
Full Baths 7
HOA Fees $1/mo
Year Built 1985
Annual Tax Amount $9,461
Tax Year 2020
Lot Size 6,750 Sqft
Property Description
7.2% CAP at GRI 6% NOI..An incredible and rare opportunity to Acquire a Quad-Plex of CBS Block 2 Bedroom's/ 2 bathroom in an ''A+'' Location... Remodeled Condominium Apartments.These are 4 Strong, Perfectly designed and Large sized, Very well built 2/2's in Bryant Park.GRI. Currently $70,000.00.. Under Market Rents...2 X $1500.00 ( Market Est.: $1,675.00)2 X $1,400.00 ( Market Est. : $1,650.00)3 of the 4 units have been remodeled and ALL have Central AC, In-Unit Laundry, New Kitchens and 2 bathrooms. Rents are currently. below Market in an Extremely High Demand Area, 1 block from Intracoastal.East of US1/FederalLake Worth Beach:A Wonderfully Bohemian & Revitalized Coastal City... Between Palm Beach and Delray Beach... Art Galleries, Cafe's, Shops, Night
Location
State FL
County Palm Beach
Community Majestic Condos
Area 5610
Zoning MF-20(
Interior
Heating Central Individual
Cooling Ceiling Fan, Central Individual, Paddle Fans
Flooring Ceramic Tile, Marble, Tile
Exterior
Exterior Feature Auto Sprinkler, Covered Balcony, Custom Lighting, Fence, Fruit Tree(s), Open Porch, Screened Balcony, Shutters
Utilities Available Cable, Electric, Lake Worth Drain Dis, Public Water, Water Available
Amenities Available None
Waterfront No
Waterfront Description None
View City, Garden
Roof Type Built-Up,Comp Shingle,Concrete Tile
Building
Lot Description < 1/4 Acre, East of US-1
Story 2.0
Foundation Block, CBS, Concrete
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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