NOT LISTED FOR SALE

4005 3rd Rd S West Palm Beach, FL 33406

Gun Club Estates Neighborhood

Estimated Value: $753,000 - $1,248,000

Studio
6 Baths
6,854 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2023

Last sale price $1,550,000 $226 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $6,159 / mo

7 Days on Market

Highlights

  • Garden View
  • Central Heating and Cooling System
  • Paved or Partially Paved Lot
  • No HOA
  • Fenced

About This Home

As of October 2023

INVESTOR'S DREAM! SIX INCOME PRODUCING UNITS. CBS MULTI-FAMILY IN PRIME LOCATION. This property includes two Triplexes; Each unit has 3 bedrooms, 2 full bathrooms. All units are on separate water/electric meters. Roofs were replaced in 2022. All AC units are less than 5 years old with the exception of one. All tenants are month to month except one tenant who has lease in place until July 2024. Tenants pay $1,800 each with the exception of one tenant at $1,400. Tenants have been here long-term which is why rents are very undervalued. Washer/dryer hookups available. *This listing includes 4405 3rd Rd S and 4031 3rd Rd S. Taxes in listing are for both properties. Property is centrally located being only minutes from PBI Airport, Rosemary Square, I95, Brightline.

Last Agent to Sell the Property

Christiana Nardozzi

Nardozzi Homes License #3290339 Listed on: 09/04/2023

Last Buyer's Agent

Martha Rodriguez

Grand Realty of America, Corp. License #3307353

Grand Realty of America, Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,899

Year Built

  • Built in 1977

Lot Details

  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 6 Bathrooms
  • 6,854 Sq Ft Home
  • 1-Story Property
  • Garden Views

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Trail Acres In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424401100000191

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,899

Year Built

Built in 1977

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Souther to Kirk. South on Kirk. Property is just south of Gun Club on the east side of Kirk.
  • Year Built: 1977
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 6854.0

Exterior Features

  • View: Garden
  • Fencing: Fenced
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Senior Community: No
  • Amenities: Sidewalks
  • Association: No

Lot Info

  • Parcel #: 00424401100000191
  • Mobile Dim Units: Feet
  • Zoning: 088-RM

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11899.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Oct 5, 2023
Sold by
Riveron Yara E
Bought by
4005-4031 Llc
Seller's Agent
Christiana Nardozzi
Nardozzi Homes
Buyer's Agent
Martha Rodriguez
Grand Realty of America, Corp.
List Price
$1,600,000
Sold Price
$1,550,000
Premium/Discount to List
-$50,000
-3.12%
Views
21
Current Estimated Value
$1,037,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$513,000
Avg. Annual Appreciation
-14.43%
Original Mortgage
$800,000
Outstanding Balance
$780,211
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$256,789

Purchase Details

Listed on
Sep 4, 2023
Closed on
Sep 6, 2023
Sold by
Riveron Yara E
Bought by
Riveron Yara E and Vega Yara B
Seller's Agent
Christiana Nardozzi
Nardozzi Homes
Buyer's Agent
Martha Rodriguez
Grand Realty of America, Corp.
List Price
$1,600,000
Sold Price
$1,550,000
Premium/Discount to List
-$50,000
-3.12%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$780,211
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$256,789

Purchase Details

Closed on
May 15, 2000
Sold by
Claude Millien
Bought by
Riveron Yara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,014
Interest Rate
8.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
4005-4031 Llc $1,550,000 Florida Land Title
4005-4031 Llc $1,550,000 Florida Land Title
Riveron Yara E -- None Listed On Document
Riveron Yara E $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4005-4031 Llc $800,000
Closed 4005-4031 Llc $800,000
Previous Owner Riveron Yara E $130,014
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2023 10/05/23 Sold $1,550,000 -3.1% $226 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/04/2023 09/04/23 For Sale $1,600,000 -- $233 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $7,930 $464,481 -- --
2024 $7,930 $434,832 -- --
2023 $6,703 $313,245 $141,550 $286,635
2022 $5,984 $284,768 $0 $0
2021 $5,555 $304,376 $137,823 $166,553
2020 $5,784 $367,773 $139,500 $228,273
2019 $5,601 $363,229 $139,500 $223,729
2018 $4,500 $268,553 $85,556 $182,997
2017 $4,004 $224,941 $65,813 $159,128
2016 $3,835 $160,744 $0 $0
2015 $3,356 $146,131 $0 $0
2014 $3,154 $132,846 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Christiana Nardozzi

    Nardozzi Homes

    (561) 909-9718

    1 in this area

    91 Total Sales

    Christiana Nardozzi
    Section Image
  • Martha Rodriguez

    Buyer's Agent in 2023

    Martha Rodriguez

    Grand Realty of America, Corp.

    (561) 320-7675

    2 in this area

    21 Total Sales

    Martha Rodriguez
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10916815

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-44-01-10-000-0191

Florida Palm Beach County West Palm Beach 33406 Gun Club Estates

4005 3rd Rd S, West Palm Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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