NOT LISTED FOR SALE

2167 49th Ave S Unit 2167-2173 West Palm Beach, FL 33415

Estimated Value: $643,876 - $929,000

-- Bed
6 Baths
4,032 Sq Ft
$207/Sq Ft Est. Value

Last Sold April 11, 2017

Last sale price $455,000 $113 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,295/month

19 Days on Market

Highlights

  • Patio
  • Central Heating and Cooling System
  • Fenced
  • Tile Flooring
  • Ceiling Fan

About This Home

As of April 2017

**ATTENTION INVESTORS** Two identical buildings in this deal! Will not separate. Each have a 3/2 and a 2/1 unit. Each unit has Refrigerator and stove included except for 1 unit the tenant owns the stove. All have washer, dryer hook-ups. Tenants own the washers and dryers. Tile through out and recently painted exterior. Well maintained by the owner. Fully occupied, generating immediate cash flow!! Must call listing office to view. PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

David Bates

Dalton Wade Inc License #-3011205 Listed on: 03/22/2017

Dalton Wade Inc

Last Buyer's Agent

David Bates

Dalton Wade Inc License #-3011205 Listed on: 03/22/2017

Dalton Wade Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,435

Year Built

  • Built in 1977

Lot Details

  • 0.5 Acre Lot
  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,032 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $53,400
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 00424413000003554

Community Details

Overview

  • 4 Units
  • West Palm Beach Subdivision

Building Details

  • Operating Expense $15,192
  • Net Operating Income $38,208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,435

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Haverhill Rd., East on Purdy Lane, take 2nd left to 49th Ave S., property on left.Or South Military, West on Purdy Lane, right on 49th Ave. S., property on left.
  • Year Built: 1977
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 4032.0

Exterior Features

  • Exterior Features: Fence, Patio
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00424413000003554
  • Lot Size Sq Ft: 21780.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 38208.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 15192.0
  • Total Actual Rent: 53400.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5435.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2020
Sold by
Morales Mario D and Morales Mirian Z
Bought by
49Th Avenue S At Mm & Mz Llc
Current Estimated Value
$832,959

Purchase Details

Listed on
Mar 22, 2017
Closed on
Apr 11, 2017
Sold by
Cathey Carl W and Cathey Linda O
Bought by
Morales Mario D and Morales Mirian Z
Seller's Agent
David Bates
Dalton Wade Inc
Buyer's Agent
David Bates
Dalton Wade Inc
List Price
$460,000
Sold Price
$455,000
Premium/Discount to List
-$5,000
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
49Th Avenue S At Mm & Mz Llc -- Attorney
Morales Mario D $455,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2017 04/11/17 Sold $455,000 -1.1% $113 / Sq Ft
03/22/2017 03/22/17 For Sale $460,000 -- $114 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,533 $526,453 -- --
2023 $10,851 $508,495 $161,377 $443,783
2022 $9,892 $462,268 $0 $0
2021 $8,993 $420,244 $121,970 $298,274
2020 $9,740 $461,981 $118,800 $343,181
2019 $9,725 $453,943 $108,000 $345,943
2018 $8,446 $417,002 $108,986 $308,016
2017 $5,762 $311,904 $80,730 $231,174
2016 $5,435 $210,339 $0 $0
2015 $4,786 $191,217 $0 $0
2014 $4,454 $173,834 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10318706

BeachesMLS

APN: 00-42-44-13-00-000-3554