West Palm Beach, FL 33407,401 50th ST
Listed by ERA Home Run Real Estate
Bought with Floridas Property Management
$705,000
Est. payment /mo
$799,900
11.9%
Est.Price: ?

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9 Baths
3,075 SqFt
SOLD DATE : 07/24/2018

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

Abv Grd Liv Area 20

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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