$65,000
SOLD JAN 15, 2013

1186 Royal Palm Ave West Palm Beach, FL 33406

Pine Air Neighborhood
-- Bed
-- Bath
1,216 Sq Ft
0.35 Acres

Recently Sold

$53 Per Sq Ft

31% Below List Price

73 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Patio
  • Fenced

About This Home

As of May 2014

Investors!! 3-bldg multi-family on huge .35Acre lot in unincorp WPB. 16% cap, expand on existing foundation, zoned for up to 9 units! Grow your income fast!

Last Agent to Sell the Property

Barry Gutknecht

Compass Florida LLC License #3243372 Listed on: 10/03/2012

Compass Florida LLC

Last Buyer's Agent

Barry Gutknecht

Compass Florida LLC License #3243372 Listed on: 10/03/2012

Compass Florida LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Home Design

  • Triplex
  • Fixer Upper
  • Frame Construction
  • Built-Up Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property

Additional Features

  • Patio
  • Fenced
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Total Actual Rent $22,800
  • Rent includes cable TV
  • Assessor Parcel Number 00424412100040070

Community Details

Overview

  • 4 Units
  • Pine Air Subdivision

Building Details

  • Operating Expense $5,461
  • Net Operating Income $17,339

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: 95 to Southern E, Kirk Rd S, Summit W, Seton S, Bgnvilla E, Royal Palm S
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1216.0

Exterior Features

  • Exterior Features: Fence, Patio
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Stucco
  • Patio And Porch Features: Patio
  • Property Condition: Fixer
  • Roof: Built-Up

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV
  • Senior Community: No

Lot Info

  • Parcel #: 00424412100040070
  • Zoning Description: Rm

Multi Family

  • Property Net Operating Income: 17339.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 5461.0
  • Total Actual Rent: 22800.0

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2038.0

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
05/01/2014 05/01/14 Sold $85,000 -5.5% $70 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
10/11/2013 10/11/13 For Sale $89,900 +38.3% $74 / Sq Ft
01/15/2013 01/15/13 Sold $65,000 -30.9% $53 / Sq Ft
12/16/2012 12/16/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $94,000 -- $77 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Liza Amar

    Liza Amar P.A.

    (305) 928-4312

    1 Total Sale

    Liza Amar
    Section Image

  • N

    Buyer's Agent in 2014

    Non-Member Mls Agent

  • Barry Gutknecht

    Seller's Agent in 2013

    Barry Gutknecht

    Compass Florida LLC

    (561) 346-1280

    69 Total Sales

    Barry Gutknecht
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R3314569

BeachesMLS

APN: 00-42-44-12-10-004-0070

Florida Palm Beach County West Palm Beach 33406 Pine Air

1186 Royal Palm Ave, West Palm Beach, FL

This home is located at 1186 Royal Palm Ave, West Palm Beach, FL 33406 and is currently priced at $65,000, approximately $53 per square foot. This property was built in 1958. 1186 Royal Palm Ave is a home located in Palm Beach County with nearby schools including Berkshire Elementary School, Palm Springs Middle School, and Forest Hill 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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