$210,000
SOLD OCT 15, 2021

1106 18th St West Palm Beach, FL 33407

North Tamarind Neighborhood
-- Bed
-- Bath
1,562 Sq Ft
3,600 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

12% Below List Price

493 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Fenced

About This Home

As of August 2022

Cash Flow duplex. Two separate structures on same lot, all legal and conforming. Front house is a 3 bedroom, 1 bathroom which is newly renovated. Brand new central AC, Electrical Panel, Flooring and Kitchen. Back unit is a 2 bedroom, 1 bathroom with laminate floors, upgraded kitchen and bathroom and central AC. Both units have washer/dryer hook-up and are separately metered for water and electric. Rear unit tenant occupied, front unit vacant but may be delivered with tenant. Projected NOI of $18,000+ (including re-assessed taxes based on purchase) yields 7.65% Cap Rate. Contact agent for pro forma and additional details. Ask about turn-key management solutions and 1-year rent collection guarantee.

Last Agent to Sell the Property

Dan DeMott

LPT Realty, LLC License #3303428 Listed on: 05/09/2020

LPT Realty, LLC

Co-Listed By

John Moran

LPT Realty, LLC License #3466918

Last Buyer's Agent

Aldo Di Puorto

Oceanica Homes Intl Realty License #3422286

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,823

Year Built

  • Built in 1928

Lot Details

  • 3,600 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,562 Sq Ft Home
  • 1-Story Property
  • Blinds

Flooring

  • Laminate
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434316080001010

Community Details

Overview

  • 2 Units
  • Tamarind Park Subdivision

Building Details

  • Operating Expense $11,580
  • Net Operating Income $18,372

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,823

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: PALM BEACH LAKES BLVD EAST TO TAMARIND RD NORTH TO 18 STREET WEST
  • Year Built: 1928
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1562.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 74434316080001010
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 3600.0
  • Zoning Description: SF11(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 18372.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 11580.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2823.0

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Range of Values:

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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
08/08/2022 08/08/22 Sold $376,000 -11.5% $241 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $425,000 +102.4% $272 / Sq Ft
10/15/2021 10/15/21 Sold $210,000 -12.5% $134 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
05/09/2020 05/09/20 For Sale $240,000 -- $154 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Aldo Di Puorto

    Oceanica Homes Intl Realty

    (561) 703-0182

    2 in this area

    7 Total Sales

    Section Image
  • Marlon Brammer

    Buyer's Agent in 2022

    Marlon Brammer

    LPT Realty, LLC

    (470) 222-5806

    1 in this area

    8 Total Sales

    Section Image

  • D

    Seller's Agent in 2021

    Dan DeMott

    LPT Realty, LLC

    (877) 366-2213

    2 in this area

    155 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    John Moran

    LPT Realty, LLC

    (954) 614-0205

    1 in this area

    26 Total Sales

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10621423

BeachesMLS

APN: 74-43-43-16-08-000-1010

Florida Palm Beach County West Palm Beach 33407 North Tamarind

1106 18th St, West Palm Beach, FL

This home is located at 1106 18th St, West Palm Beach, FL 33407 and is currently priced at $210,000, approximately $134 per square foot. This property was built in 1928. 1106 18th 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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