Bought with Floridas Property Management
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401 50th ST West Palm Beach, FL 33407
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Key Details
Sold Price $705,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 3,075 sqft
Price per Sqft $229
Subdivision North Palm Bch 3
MLS Listing ID RX-10406164
Sold Date 07/24/18
Construction Status Resale
Year Built 1947
Annual Tax Amount $7,782
Tax Year 2017
Lot Size 0.400 Acres
Property Description
THIS MULTI INCOME PROPERTY IS AN INVESTORS DREAM. LOTS OF POTENTIALS FOR HUGH INCOME. GREAT LOCATION WITH A BREATH TAKING VIEW ACROSS FROM THE INTER-COASTAL, CLOSE TO CITY PLACE, ACROSS FROM A BEAUTIFUL PARK, CLOSE TO MAJOR HIGHWAYS, CLOSE TO AIRPORT, WALKING DISTANCE TO THE FAMOUS ATTRACTION MANATEE LAGOON-FPL ECO-DISCOVERY CENTER. CLOSE TO BEACHES, SHOPPING AND MORE. NINE UNITS, WITH ONE 2/1, SIX 1/1 AND TWO EFFICIENCIES. EACH UNIT HAS ITS OWN SEPARATE ELECTRIC METER BOX. THERE IS ONE WATER METER FOR ALL OF THE UNITS, AS A RESULT, OWNER PAYS WATER BILL. TENANTS ARE MONTH TO MONTH. DRIVE BY ONLY. DON'T GO ON PROPERTY OR CONTACT ANY OF THE TENANTS. THIS OPPORTUNITY WILL NOT LAST LONG. IT CAN ALSO BE USE FOR DIFFERENT THINGS, FOR EXAMPLE Airbnb. Check with zoning.property is sold AS-IS
Location
State FL
County Palm Beach
Area 5420
Zoning SF7(ci
Interior
Heating Central
Cooling Wall-Win A/C, Central Individual
Flooring Carpet
Fireplaces Type None
Exterior
Utilities Available Public Sewer, Public Water
Waterfront Description None
Roof Type Barrel
Building
Story 70.00
Foundation CBS, Stucco, Frame
Construction Status Resale
Others
Security Features None
Acceptable Financing Cash, Other, Conventional
Listing Terms Cash, Other, Conventional
Financing Cash,Other,Conventional
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095