$2,500,000
$100K PRICE DROP

1530 Crescent Cir West Palm Beach, FL 33403

Estimated payment $15,560/month

Total Views 4,670
-- Bed
-- Bath
10,224 Sq Ft
$245 Price per Sq Ft

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.

Listing Agent

Ben Lipkin

LIV Real Estate Group License #3443432 Listed on: 08/13/2025

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,606

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LAKE PARK ADD 3
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Vinyl
  • Living Area: 10224
  • Stories: 2

Exterior Features

  • Roof: Concrete
  • Construction Type: Concrete Block Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKE PARK ADD 3
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 36434221031350010
  • Zoning: R2 (city

Rental Info

  • Rent Includes: Trash Collection

Multi Family

  • Net Operating Income: 153718
  • Number Of Units In Community: 4
  • Number Of Units Total: 8
  • Annual Operating Expense: 59882
  • Total Actual Rent: 213600

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 28606

Map

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 List to Sale Price per Sq Ft
10/22/2025 10/22/25 Price Changed $2,500,000 -3.8% $245 / Sq Ft
08/13/2025 08/13/25 For Sale $2,600,000 -- $254 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11858108

MIAMI REALTORS® MLS

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

Florida Palm Beach County West Palm Beach 33403

1530 Crescent Cir, West Palm Beach, FL

For Sale

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MIAMI REALTORS® MLS 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.

Nearby Homes
Listing Agent
Ben Lipkin
Section Image
LIV Real Estate Group
(561) 279-3991