NOT LISTED FOR SALE

1013 State St West Palm Beach, FL 33407

North Tamarind Neighborhood
-- Bed
1 Bath
2,250 Sq Ft
3,580 Sq Ft Lot

Last Sold April 05, 2023

Last sale price $420,000 $187 Per Sq Ft

76 Days on Market

Highlights

  • Porch
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Open Patio
  • Central Heating and Cooling System
  • 5-minute walk to Coleman Park

About This Home

As of April 2023

Located minutes away from the City Hall, this exciting opportunity offers three updated units. Comprised of a single-family and a duplex. With the inauguration of the Brightline station, located minutes away, and major recent construction developments, this neighborhood is experiencing an unbelievable transformation. Seize this opportunity to own this special multifamily and take advantage of both solid passive income and great potential for capital appreciation.

Last Agent to Sell the Property

Gustavo Cepeda

Highlight Realty Corp/LW License #3322766 Listed on: 01/18/2023

Highlight Realty Corp/LW

Last Buyer's Agent

Gustavo Cepeda

Highlight Realty Corp/LW License #3322766 Listed on: 01/18/2023

Highlight Realty Corp/LW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,498

Year Built

  • Built in 1946

Lot Details

  • 3,580 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Laminate
  • Ceramic Tile

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434316080000040

Community Details

Overview

  • 3 Units
  • Tamarind Park Subdivision

Building Details

  • Operating Expense $7,054
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,498

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: PALM BEACH LAKES EAST TO TAMARIND NORTH TO STATE
  • Year Built: 1946
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Living Area: 2250.0

Exterior Features

  • Exterior Features: Fence, Porch
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 74434316080000040
  • Lot Size: 40.0 ft x 0.0 ft
  • Lot Size Sq Ft: 3580.0
  • Zoning Description: SF11(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 32400.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 7054.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7498.0

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $420,000 -1.2% $187 / Sq Ft
01/18/2023 01/18/23 For Sale $425,000 +18.7% $189 / Sq Ft
05/31/2019 05/31/19 Sold $358,000 -4.5% $159 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
12/15/2018 12/15/18 For Sale $375,000 +73.6% $167 / Sq Ft
01/12/2018 01/12/18 Sold $216,000 -5.2% $137 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
09/30/2017 09/30/17 For Sale $227,799 -- $144 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gustavo Cepeda

    Highlight Realty Corp/LW

    (202) 604-2746

    1 in this area

    31 Total Sales

    Gustavo Cepeda
    Section Image

  • D

    Seller's Agent in 2019

    Dan DeMott

    LPT Realty, LLC

    (877) 366-2213

    2 in this area

    146 Total Sales

    Dan DeMott
    Section Image
  • Brian Woods

    Seller's Agent in 2018

    Brian Woods

    Team Realty and Investment Sol

    (561) 459-4361

    8 Total Sales

    Brian Woods
    Section Image

  • M

    Buyer's Agent in 2018

    Mesfin Ayenew

    United Realty Group, Inc

    (202) 285-0747

    1 Total Sale

    Mesfin Ayenew
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10859265

BeachesMLS

APN: 74-43-43-16-08-000-0040

Florida Palm Beach County West Palm Beach 33407 North Tamarind

1013 State St, West Palm Beach, FL

This home is located at 1013 State St, West Palm Beach, FL 33407 since 18 January 2023. This property was built in 1946. 1013 State St is a home located in Palm Beach County with nearby schools including Pleasant City Elementary School, Roosevelt Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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