$399,000
SOLD MAY 22, 2025
-- Bed
-- Bath
1,664 Sq Ft
10,153 Sq Ft Lot

Recently Sold

$240 Per Sq Ft

20% Below List Price

97 Days on Market

Highlights

  • Patio
  • Vinyl Flooring
  • No Heating
  • Fenced

About This Home

As of May 2025

BRAND NEW roof, paint and windows. Unit 1 is completely redone with new kitchen, bathroom, floors and paint - vacant. Unit 2 has new bathroom, tenant occupied at $1,000 per month. Less than a mile to Palm Beach State College and John Prince Park. Close to beaches, JFK Medical Center and 95. Tons of potential for the future.

Last Agent to Sell the Property

Brooke Marks

Lee Property Sales Inc. License #3310100 Listed on: 01/22/2025

Last Buyer's Agent

Nolan Pierami

The Corcoran Group License #3258144

The Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,688

Year Built

  • Built in 1972

Lot Details

  • 10,153 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434430011250023

Community Details

Overview

  • 2 Units
  • Palm Beach Farms Co 7 Subdivision

Building Details

  • Operating Expense $8,000
  • Net Operating Income $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,688

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From the South:Take I95 N exit at Lantana Rd and head west toward Congress. Go right onto Congress Ave and left on Prince Drive, left on Paetzold Drive and right onto McSherry Drive.
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1664.0

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00434430011250023
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 10153.0
  • Zoning Description: RM

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 4000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4688.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
May 22, 2025
Sold by
Marks John Wesley and Marks Susan Marian
Bought by
Sifuentes Home Solutions Llc
Seller's Agent
Brooke Marks
Lee Property Sales Inc.
Buyer's Agent
Nolan Pierami
The Corcoran Group
List Price
$499,000
Sold Price
$399,000
Premium/Discount to List
-$100,000
-20.04%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.36%
Original Mortgage
$437,860
Outstanding Balance
$331,175
Interest Rate
6.83%
Mortgage Type
Construction
Estimated Equity
$88,293
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $399,000 Merit Title
Warranty Deed $399,000 Merit Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $437,860 Construction
Closed $437,860 Construction
Previous Owner $186,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 For Sale $624,900 +56.6% $376 / Sq Ft
05/22/2025 05/22/25 Sold $399,000 -4.8% $240 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
03/13/2025 03/13/25 Price Changed $419,000 -6.7% $252 / Sq Ft
02/13/2025 02/13/25 Price Changed $449,000 -10.0% $270 / Sq Ft
01/23/2025 01/23/25 For Sale $499,000 -- $300 / 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 $2,479 $160,357 -- --
2023 $4,343 $145,779 $152,943 $145,519
2022 $4,059 $132,526 $0 $0
2021 $3,585 $210,841 $107,016 $103,825
2020 $3,356 $193,943 $100,000 $93,943
2019 $3,332 $198,213 $100,000 $98,213
2018 $2,788 $177,427 $96,390 $81,037
2017 $2,366 $129,232 $48,195 $81,037
2016 $1,138 $74,806 $0 $0
2015 $2,037 $68,005 $0 $0
2014 $1,855 $61,823 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11054896

BeachesMLS

APN: 00-43-44-30-01-125-0023