NOT LISTED FOR SALE

380 Marlborough Rd Unit A,B,C,D,E&F West Palm Beach, FL 33405

Southland Park Neighborhood
-- Bed
-- Bath
3,982 Sq Ft
1984 Built

Last Sold December 12, 2013

Last sale price $595,000 $149 Per Sq Ft

32 Days on Market

Highlights

  • Water Views
  • Newly Remodeled
  • Balcony
  • Palm Beach Public School Rated A-
  • Corner Lot
  • 1-minute walk to Westminster Park

About This Home

As of December 2013

PROSPECT PARK APARTMENTS. Beautiful Mediterranean style apartment complex, with 6 private & spacious 1BR/1BA apts. 100% occupied with long term tenants. CBS construction, S-tile roof, 11 parking spaces, lushly landscaped & incredibly located, within close proximity to the Intracoastal Waterway, downtown West Palm Beach, CityPlace, museums & the airport. Unique and charming architecture with bell tower, high ceilings down, cathedral ceilings up, large spacious rooms, beautiful kitchens and baths, large closets, coin operated laundry room plus some units have balconies or private patios. Each apartment has central a/c and separate electric meters. Lushly landscaped with a well for watering the yard. A wonderfully complete and well maintained building. This is what every investor dreams of!

Last Agent to Sell the Property

Tom Davis

Coldwell Banker Realty License #486091 Listed on: 10/10/2013

Coldwell Banker Realty

Last Buyer's Agent

Tom Riggs

Tee to Sea Realty, LLC License #702708

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,634

Year Built

  • Built in 1984 | Newly Remodeled

Lot Details

  • Lot Dimensions are 90 x 126
  • Fenced
  • Corner Lot
  • Sprinkler System

Property Views

  • Water
  • Garden

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 3,982 Sq Ft Home
  • 2-Story Property
  • Single Hung Metal Windows
  • Sliding Windows
  • Wood Frame Window

Flooring

  • Carpet
  • Laminate

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $58,200
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 74434334050040010

Community Details

Overview

  • 4 Units
  • Historic Prospect Park Subdivision

Building Details

  • Operating Expense $14,237
  • Net Operating Income $43,963

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,634

Year Built

Built in 1984 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: South of Belvedere on Olive to Marlborough Road. Turn right, keep right, property on left at corner of Albemarle Road. Or south of Belvedere on Dixie to Albemarle, go east to Marlborough Road.
  • Year Built: 1984
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: New Construction
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Living Area: 3982.0
  • Window Features: Single Hung, Sliding, Wood Frames

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Garden, Water
  • Lot Features: Corner Lot, Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: New Construction
  • Roof: Spanish Tile, Tile

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 74434334050040010
  • Lot Size: 90 x 126
  • Zoning Description: MF20-C1

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 43963.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 14237.0
  • Total Actual Rent: 58200.0

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5634.0

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
12/12/2013 12/12/13 Sold $595,000 -7.8% $149 / Sq Ft
11/12/2013 11/12/13 Pending -- -- --
10/10/2013 10/10/13 For Sale $645,000 -- $162 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R9984689

BeachesMLS