$725,000
SOLD OCT 21, 2024
-- Bed
-- Bath
2,852 Sq Ft
3,685 Sq Ft Lot

Recently Sold

$254 Per Sq Ft

9 Days on Market

Highlights

  • Popular Property
  • Ceramic Tile Flooring
  • Fenced
  • Gated Community
  • Central Heating and Cooling System

About This Home

As of October 2024

GREAT INVESTMENT OPPORTUNITY!!! 8-9% gross cap% with potential for more. Long term tenants in three units on 12 month leases and one vacant unit with an interested prospect already (see rental listing) Professionally managed by OCS LLC. Concrete wall added 2022 making it a gated building for the tenants. Central air in all units, new HVAC system in unit 2 and 3. CBS building, recently passed city of WPB code inspection & rental license in place. Bottom units have private rear courtyard (potential to up the rent in these units!) This building is your key to a ground floor opportunity in a rapidly growing area. Management company can stay on at your discretion.

Last Agent to Sell the Property

Sandro Herrera

Three Palms Realty License #3285502 Listed on: 09/11/2024

Last Buyer's Agent

Leslie Noguel

Vera Realty LLC License #3382802

Vera Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,965

Year Built

  • Built in 1965

Lot Details

  • 3,685 Sq Ft Lot
  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,852 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434316010150022

Community Details

Overview

  • 4 Units
  • Freshwater Add To Wpb Subdivision

Building Details

  • Operating Expense $18,000
  • Net Operating Income $44,000

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,965

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I95 - PALM BEACH LAKES - EAST to Tamarind Ave - SOUTH to 10th Street.
  • Year Built: 1965
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Private Spa: No
  • Flooring: Ceramic Tile, Tile
  • Living Area: 2852.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434316010150022
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 3685.0
  • Zoning Description: NWD-2(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 44000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 18000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7965.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Properties Wpb Llc
Bought by
Luciano Puentes Revocable Living Trust and Puentes

Purchase Details

Closed on
Jan 16, 2025
Sold by
Puentes Luciano
Bought by
Properties Wpb Llc

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 18, 2024
Sold by
Fl Palm Beach 4Plex Llc
Bought by
Puentes Luciano
Seller's Agent
Sandro Herrera
Three Palms Realty
Buyer's Agent
Leslie Noguel
Vera Realty LLC
List Price
$725,000
Sold Price
$725,000
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$507,500
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2022
Sold by
Mayraz Noam and Mayraz Maria
Bought by
Fl Palm Beach 4Plex Llc

Purchase Details

Closed on
Sep 18, 2014
Sold by
2300 Nw 6Th St Llc
Bought by
The Revocable Living Trust Of Noam Mayra

Purchase Details

Closed on
Aug 6, 2014
Sold by
Bavastro Claire
Bought by
2300 Nw 6Th St Llc

Purchase Details

Listed on
Oct 17, 2011
Closed on
Jun 29, 2012
Sold by
Peakock Investments Llc
Bought by
Florida Asset Network Llc and Florida Land Trust #12-05-1048
Seller's Agent
Jaime Guayara
Florida Premier Realty of the Palm Beaches LLC
List Price
$175,000
Sold Price
$146,500
Premium/Discount to List
-$28,500
-16.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%

Purchase Details

Closed on
Dec 28, 2009
Sold by
Darban Fundacion
Bought by
Peacock Investments Llc

Purchase Details

Closed on
Apr 17, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Darban Fundacion

Purchase Details

Closed on
Jul 7, 2008
Sold by
Rickman Alvin and Facey Conrad
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Aug 25, 2006
Sold by
Facey Conrad
Bought by
Rickman Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
7.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 2003
Sold by
Morris Seneechal and Morris Teresa Seneechal
Bought by
Facey Conrad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2001
Sold by
One Bank I
Bought by
Senechal Morris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2000
Sold by
Clerk Of Court
Bought by
Bank One

Purchase Details

Closed on
Sep 21, 1998
Sold by
Fudge Gladys O
Bought by
Carmon Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.95%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $725,000 None Listed On Document
Warranty Deed -- None Listed On Document
Special Warranty Deed $224,000 None Available
Special Warranty Deed $125,714 Attorney
Warranty Deed $146,500 Attorney
Quit Claim Deed -- None Available
Special Warranty Deed $60,000 Attorney
Trustee Deed -- None Available
Quit Claim Deed -- Gulfstream Title Solutions
Warranty Deed $170,000 Title Matters Llc
Warranty Deed $47,000 --
Deed $46,000 --
Warranty Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $507,500 New Conventional
Previous Owner $328,500 Unknown
Previous Owner $153,000 Purchase Money Mortgage
Previous Owner $110,000 Unknown
Previous Owner $110,000 Credit Line Revolving
Previous Owner $30,000 New Conventional
Previous Owner $30,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $850,000 +17.2% $298 / Sq Ft
10/21/2024 10/21/24 Sold $725,000 0.0% $254 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $725,000 +394.9% $254 / Sq Ft
06/29/2012 06/29/12 Sold $146,500 -16.3% $51 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
10/17/2011 10/17/11 For Sale $175,000 -- $61 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,870 $381,919 -- --
2023 $7,965 $347,199 -- --
2022 $5,853 $211,166 -- --
2021 $5,490 $269,190 $19,500 $249,690
2020 $4,912 $216,954 $17,550 $199,404
2019 $4,310 $158,652 $14,950 $143,702
2018 $4,729 $212,773 $13,283 $199,490
2017 $4,247 $184,049 $12,075 $171,974
2016 $3,858 $150,264 $0 $0
2015 $4,595 $178,217 $0 $0
2014 $3,675 $132,903 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11020873

BeachesMLS

APN: 74-43-43-16-01-015-0022