Bought with FPB Investment Properties, Inc
$770,000
$770,000
For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
2,850 SqFt
SOLD DATE : 07/22/2016
Key Details
Sold Price $770,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,850 sqft
Price per Sqft $270
Subdivision Palm Beach Shores In Pb 23 Pgs 29 To 32 Inc
MLS Listing ID RX-10226449
Sold Date 07/22/16
Bedrooms 5
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1983
Annual Tax Amount $7,527
Tax Year 2015
Lot Size 9,148 Sqft
Property Description
Perfect Investment Opportunity in a private area of upscale Singer Island. Two Detached Duplexes with tenants in place. Building 1 address is 2636, built in 1955. Building 2 address is 2646, built in 1983. All units have central AC. Located in a residential neighborhood but zoned office/professional. Perfectly located across from the beach and shopping center for those seeking a seasonal rental or a place to call home. Detached Laundry room with coined washer and dryer. Grab your sun glasses and come see all the opportunities this property has. Fully rented, 6.6% cap rate. 2 units are brand new bring $46k a year. 2 other units bring $22k. 6 parking lots.
Location
State FL
County Palm Beach
Area 5240
Zoning RES
Interior
Heating Central
Cooling Central
Flooring Carpet, Terrazzo Floor, Tile
Exterior
Exterior Feature Auto Sprinkler
Utilities Available None
Amenities Available None
Waterfront Description None
Roof Type Comp Shingle,Concrete Tile
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation CBS
Construction Status Resale
Others
Senior Community No Hopa
Restrictions Other
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "