Lake Worth, FL 33460,223-231 S Palmway
Listed by Coastline Realty, Inc.
Bought with Coastline Realty, Inc.
$1,138,000
$1,200,000
5.2%
Est.Price: ?

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3,631 SqFt

223-231 S Palmway Lake Worth, FL 33460

Est. payment /mo
SOLD DATE : 03/12/2019

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Panagiotis Peter Sarantidis

Panagiotis Peter Sarantidis

+1(561) 713-5599

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,138,000

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,631 sqft

Price per Sqft $313

Subdivision Lake Worth Town Of

MLS Listing ID RX-10501276

Sold Date 03/12/19

Construction Status Resale

HOA Y/N No

Year Built 1947

Annual Tax Amount $20,046

Tax Year 2018

Property Description

THE WEDGEWOOD APARTMENT IS AN AMAZING INCOME PRODUCING COMPOUND CONSISTING OF 8 TOTAL UNITS (4 TWO BEDROOMS ONE BATH AND 4 ONE BEDROOM ONE BATH) WALK INTO THE GATED COURTYARD TO THE METICULOUSLY MAINTAINED YARD/LUSH LANDSCAPING. ALL UNITS WITH SOLID WOOD FLOORS/TILES, ALL UNITS WITH CENTRAL A/C'S. BOTH BUILDINGS WITH NEW ROOFS. PER LOCATION, YOU ARE STEPS TO THE INTRACOASTAL WITH A VIEW OF THE INTRACOASTAL FROM THE SE CORNER OF THE BUILDING. WALK TO DOWNTOWN LAKE WORTH AND THE BEACHES! ALL UNITS WITH PRIVATE PATIO, TWO FRONT UNITS ARE FENCED IN AND THE ENTIRE BUILDING IS FENCED IN. TWO STORAGE SHED AND IN HOUSE COIN LAUNDRY. 8% CAP BASED ON CURRENT RENT ROLL WITH EXCELLENT OPPORTUNITY FOR FUTURE RENT INCREASE TO MARKET RATE. (ALL UNITS CURRENTLY RENTING UNDER MARKET). EVERY TENANT IS ON

Location

State FL

County Palm Beach

Area 5610

Zoning MF-20 - Low Den

Interior

Heating Central, Central Individual

Cooling Central, Central Individual

Flooring Ceramic Tile, Wood Floor

Exterior

Exterior Feature Awnings, Fence, Fruit Tree(s), Shutters

Utilities Available Electric, Public Sewer, Public Water

Amenities Available None

Waterfront Description None

Roof Type Comp Shingle

Private Pool No

Building

Lot Description Corner Lot, East of US-1

Story 1.0

Foundation CBS

Construction Status Resale

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

Financing Cash,Conventional,VA

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Panagiotis Peter Sarantidis

Licensed Real Estate Sales Professional | License ID: 3332095

+1(561) 713-5599

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