1530 Crescent Cir West Palm Beach, FL 33403
Estimated payment $16,182/month
Highlights
- No HOA
- Laundry Facilities
- Vinyl Flooring
- Central Heating and Cooling System
About This Home
Exceptional opportunity to acquire a 10,000 SF, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $28,606
Year Built
- Built in 1963
Parking
- 12 Parking Spaces
Home Design
- Quadruplex
- Concrete Roof
Interior Spaces
- 10,224 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Rent includes trash collection
- Assessor Parcel Number 36434221031350010
Community Details
Overview
- No Home Owners Association
- 4 Units
- Lake Park Add 3 Condos
- Lake Park Add 3 Subdivision
Amenities
- Laundry Facilities
Building Details
- Operating Expense $59,882
- Net Operating Income $153,718
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/13/2025 08/13/25 | For Sale | $2,600,000 | -- | $254 / Sq Ft |
Source: MIAMI REALTORS® MLS
MLS Number: A11858108

APN: 36-43-42-21-03-135-0010
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