$2,600,000

1530 Crescent Cir West Palm Beach, FL 33403

Estimated payment $16,182/month

Total Views 131
-- Bed
-- Bath
10,224 Sq Ft
$254 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 Change Sq Ft Price
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