$605,900
$19K PRICE DROP

Estimated payment $3,995/month

Total Views 4,982
-- Bed
-- Bath
1,690 Sq Ft
$359 Price per Sq Ft

Highlights

  • Porch
  • Shed
  • Central Heating and Cooling System
  • Open Patio
  • Outdoor Grill
  • Wood Siding

About This Home

Investors take note! Income-producing duplex in Palm Springs with one tenant under a new 1-year lease and the second planning to renew. Property features updated kitchens with new stoves, refrigerators, dishwashers, and remodeled bathrooms with new toilets and vanities. Fresh interior and exterior paint, new baseboards, and door trim throughout. Large driveway with no vehicle restrictions. Enjoy a fenced yard with a covered patio, Tiki bar, fire pit, shed, and full hurricane shutter system. Well-maintained and minutes to I-95, downtown West Palm, and area beaches. Seller open to concession for rate buy-down--ready for a new investor!

Listing Agent

Jeff Skulnik

Sutter & Nugent LLC License #3319745 Listed on: 04/11/2025

Sutter & Nugent LLC

Co-Listing Agent

Talbot Sutter

Sutter & Nugent LLC License #3445276

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,791

Year Built

  • Built in 1974

Lot Details

  • 10,025 Sq Ft Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Frame Construction
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Outdoor Features

  • Open Patio
  • Shed
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 70434408160000150
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • Meadow Park Subdivision

Building Details

  • Operating Expense $12,000
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,791

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From I-95 take Forest Hill Blvd. west to Congress Ave go south to Apalachee Road
  • Year Built: 1974
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1690.0

Exterior Features

  • Exterior Features: Outdoor Grill, Porch, Shed
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Frame, Wood Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Flat, Tile

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 70434408160000150
  • Lot Size: 80.0 ft x 126.0 ft
  • Lot Size Sq Ft: 10025.0
  • Zoning Description: RM(cit

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 36000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7791.0

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

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 $7,791 $368,148 -- --
2023 $3,106 $132,519 $0 $0
2022 $2,915 $122,931 $0 $0
2021 $2,436 $124,909 $0 $0
2020 $2,363 $127,020 $0 $0
2019 $2,217 $116,476 $0 $0
2018 $2,017 $110,665 $0 $0
2017 $1,920 $103,834 $0 $0
2016 $1,829 $81,625 $0 $0
2015 $1,661 $77,063 $0 $0
2014 $1,588 $72,863 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $605,900 -1.0% $359 / Sq Ft
04/28/2025 04/28/25 Price Changed $612,000 -1.3% $362 / Sq Ft
04/19/2025 04/19/25 Price Changed $620,000 -0.8% $367 / Sq Ft
04/11/2025 04/11/25 For Sale $625,000 0.0% $370 / Sq Ft
05/01/2023 05/01/23 Rented $2,300 0.0% --
04/17/2023 04/17/23 Under Contract -- -- --
04/03/2023 04/03/23 For Rent $2,300 0.0% --
02/23/2023 02/23/23 Sold $495,000 -0.8% $293 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/23/2023 01/23/23 Price Changed $499,000 -5.0% $295 / Sq Ft
01/20/2023 01/20/23 For Sale $525,000 0.0% $311 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
01/09/2023 01/09/23 Price Changed $525,000 +5.2% $311 / Sq Ft
01/09/2023 01/09/23 Price Changed $499,000 -9.1% $295 / Sq Ft
10/07/2022 10/07/22 For Sale $549,000 -- $325 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $495,000 Westcor Land Title
Warranty Deed $81,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $75,500 Credit Line Revolving
Previous Owner $100,000 New Conventional
Previous Owner $15,000 Credit Line Revolving
Previous Owner $135,000 Fannie Mae Freddie Mac
Previous Owner $98,000 Unknown
Previous Owner $2,400 Balloon
Previous Owner $4,024 New Conventional
Previous Owner $73,700 No Value Available
Source: Public Records

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Source: BeachesMLS

MLS Number: R11080734

BeachesMLS

APN: 70-43-44-08-16-000-0150