280 Caroline Ave West Palm Beach, FL 33413
Royal Palm Estates Neighborhood
--
Bed
--
Bath
1,624
Sq Ft
8,276
Sq Ft Lot
Highlights
- Ceramic Tile Flooring
- Fenced
- 4-minute walk to Caroline Park
- Central Heating and Cooling System
About This Home
As of May 2025HOT RENTAL MARKET!!! PRISTINE CONDITION!!! NEW APPLIANCES AND TILE THROUGHOUT THE UNITS !!! ESTABLISHED TENANTS!!! NO HOA!!! 12.25% CAP RATE!!!! EASY TO SHOW CALL !!!
Last Agent to Sell the Property
Capital Investments R.E. Corp. License #3165056 Listed on: 05/06/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,342
Year Built
- Built in 1973
Lot Details
- Fenced
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,624 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
Utilities
- Central Heating and Cooling System
- Septic Tank
Listing and Financial Details
- Total Actual Rent $20,700
- Rent includes electricity
- Assessor Parcel Number 00424335100070150
Community Details
Overview
- 4 Units
- Royal Palm Ests Subdivision
Building Details
- Operating Expense $3,700
- Net Operating Income $17,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2025
Closed on
May 28, 2025
Sold by
Salazar Ernesto G
Bought by
Gonzalez Yasiel Tejeda
Seller's Agent
Yoserley Ramos
Partnership Realty Inc.
Buyer's Agent
Yasiel Tejeda Gonzalez
Yes Realty Boutique LLC
List Price
$600,000
Sold Price
$580,000
Premium/Discount to List
-$20,000
-3.33%
Views
53
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.64%
Original Mortgage
$464,000
Outstanding Balance
$463,208
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$115,895
Purchase Details
Listed on
Apr 11, 2022
Closed on
Jun 9, 2022
Sold by
Fidel Machin Jr
Bought by
Salazar Ernesto Garcia
Seller's Agent
William Molina
RE/MAX Rex
Buyer's Agent
Yoserley Ramos
Partnership Realty Inc.
List Price
$470,000
Sold Price
$450,000
Premium/Discount to List
-$20,000
-4.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$322,500
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 20, 2019
Closed on
Sep 30, 2019
Sold by
3871 75 Hiawathaavenue Llc
Bought by
Machin Fidel
Seller's Agent
Jorge Perez
LAER Realty Partners Bowen/Wellington
List Price
$269,900
Sold Price
$275,000
Premium/Discount to List
$5,100
1.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.01%
Original Mortgage
$206,250
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 27, 2018
Sold by
Paolucci Maria A and Paolucci Maria Aracely
Bought by
280 82 Caroline Avenue Llc
Purchase Details
Listed on
May 6, 2013
Closed on
Jul 16, 2013
Sold by
Ftc Group Llc
Bought by
Paolucci Maria
Seller's Agent
Mustafa Altinok
Capital Investments R.E. Corp.
Buyer's Agent
Jorge Perez
LAER Realty Partners Bowen/Wellington
List Price
$139,000
Sold Price
$133,000
Premium/Discount to List
-$6,000
-4.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%
Purchase Details
Closed on
Apr 3, 2013
Sold by
U S Bank National Association
Bought by
Ftc Group Llc
Purchase Details
Closed on
Jan 31, 2013
Sold by
Jeune David Louis
Bought by
U S Bank National Association
Purchase Details
Closed on
Sep 8, 2006
Sold by
Egeli Ali I
Bought by
Jeune David Louis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.52%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Apr 1, 2005
Sold by
Egeli Ibrahim A
Bought by
Egeli Ali I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 11, 2004
Sold by
Egeli Ali I
Bought by
Egeli Ali I and Egeli Ibrahim A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 9, 2004
Sold by
Robinson Terry J
Bought by
Egeli Ali I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $580,000 | The Title Connection | |
| Warranty Deed | $450,000 | New Title Company Name | |
| Warranty Deed | $275,000 | Nu World Ttl & Setmnt Svcs L | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $133,000 | K Title Company Llc | |
| Special Warranty Deed | $86,099 | Premium Title Services Inc | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $285,000 | Olympia Title & Escrow Corp | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $158,500 | Imperial Title & Escrow Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $464,000 | New Conventional | |
| Previous Owner | $322,500 | New Conventional | |
| Previous Owner | $206,250 | New Conventional | |
| Previous Owner | $57,000 | Stand Alone Second | |
| Previous Owner | $228,000 | Purchase Money Mortgage | |
| Previous Owner | $192,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $126,800 | Purchase Money Mortgage | |
| Closed | $15,850 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $580,000 | -3.3% | $357 / Sq Ft |
| 01/18/2025 01/18/25 | For Sale | $600,000 | +33.3% | $369 / Sq Ft |
| 06/09/2022 06/09/22 | Sold | $450,000 | -4.3% | $277 / Sq Ft |
| 05/10/2022 05/10/22 | Pending | -- | -- | -- |
| 04/11/2022 04/11/22 | For Sale | $470,000 | +70.9% | $289 / Sq Ft |
| 09/27/2019 09/27/19 | Sold | $275,000 | +1.9% | $169 / Sq Ft |
| 08/28/2019 08/28/19 | Pending | -- | -- | -- |
| 08/20/2019 08/20/19 | For Sale | $269,900 | +102.9% | $166 / Sq Ft |
| 07/15/2013 07/15/13 | Sold | $133,000 | -4.3% | $82 / Sq Ft |
| 06/15/2013 06/15/13 | Pending | -- | -- | -- |
| 05/06/2013 05/06/13 | For Sale | $139,000 | -- | $86 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $5,924 | $311,560 | -- | -- |
| 2023 | $5,951 | $312,624 | $126,378 | $186,246 |
| 2022 | $5,511 | $260,722 | $0 | $0 |
| 2021 | $4,862 | $237,020 | $88,000 | $149,020 |
| 2020 | $4,812 | $232,878 | $88,000 | $144,878 |
| 2019 | $4,501 | $212,181 | $88,000 | $124,181 |
| 2018 | $3,357 | $175,503 | $77,963 | $97,540 |
| 2017 | $3,017 | $151,088 | $51,975 | $99,113 |
| 2016 | $2,769 | $119,472 | $0 | $0 |
| 2015 | $2,595 | $108,611 | $0 | $0 |
| 2014 | $2,514 | $103,028 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Yoserley Ramos
Y
Seller's Agent in 2025
Yoserley Ramos
Partnership Realty Inc.
(561) 720-9180
2 in this area
30 Total Sales
-
Yasiel Tejeda Gonzalez
Y
Buyer's Agent in 2025
Yasiel Tejeda Gonzalez
Yes Realty Boutique LLC
(561) 355-0270
1 in this area
13 Total Sales
-
William Molina
Seller's Agent in 2022
William Molina
RE/MAX
(561) 767-0855
2 in this area
66 Total Sales
-
Jorge Perez
Seller's Agent in 2019
Jorge Perez
LAER Realty Partners Bowen/Wellington
(561) 429-2070
29 Total Sales
-
Mustafa Altinok
M
Seller's Agent in 2013
Mustafa Altinok
Capital Investments R.E. Corp.
(561) 324-4438
14 Total Sales
Map
Source: BeachesMLS
MLS Number: R3365517
APN: 00-42-43-35-10-007-0150
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