$330,000
SOLD JUN 7, 2022
-- Bed
-- Bath
1,274 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$259 Per Sq Ft

27% Above List Price

15 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of June 2022

Excellent opportunity to acquire a value-add property at below market rates. Situated in the red hot SoSo District of West Palm Beach, the property consists of 2 separate detached 2/1 units. An investor can take advantage of the properties tremendous upside potential with long term tenants on month to month leases (no leases available) and currently paying well below market rates. Another option is for an owner/user to purchase the property; live in one unit and generate income with the other unit. Separately metered electric, one water meter. Don't miss out on this opportunity.

Last Agent to Sell the Property

Zach Rossetti

Anderson & Carr License #3340388 Listed on: 04/22/2022

Last Buyer's Agent

Zach Rossetti

Anderson & Carr License #3340388 Listed on: 04/22/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,944

Year Built

  • Built in 1955

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,274 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434403010004070

Community Details

Overview

  • 2 Units
  • Estates Of South Palm Bea Subdivision

Building Details

  • Operating Expense $7,000
  • Net Operating Income $14,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,944

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: South Dixie Highway to Malverne Road (1 block south of Southern Blvd.) turn west on Malverne property is on the south side of Malverne.
  • Year Built: 1955
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1274.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434403010004070
  • Lot Size Sq Ft: 5000.0
  • Zoning Description: MF20
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 14600.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3944.0

Similar Homes in West Palm Beach, FL

  • 4786 Orleans Ct Unit C, West Palm Beach, FL 33415

    $304,900

    • 3 Beds
    • 2 Baths
    • 1,312 Sq Ft
    • 4786 Orleans Ct
    • Unit C
    • West Palm Beach, FL

    COME AND GET THIS ONE BEFORE IT'S GONE!! Move-in ready 3/2 Villa with beautiful tile floors throughout, spacious closets including a kitchen pantry, updated kitchen with granite countertops, stainless-steel appliances, washer/dryer, 2022 A/C, and a fenced backyard. Accordion hurricane shutters offer quick, reliable storm protection. Make this your lovely home or investment property as rentals are

    Hingo Nagel N3 Realty Inc

    Section Image
  • 1600 Granfern Ave, West Palm Beach, FL 33415

    $375,000

    • 3 Beds
    • 2 Baths
    • 1,722 Sq Ft
    • 1600 Granfern Ave
    • West Palm Beach, FL

    Welcome to Palm Hill Villas! This is the largest unit in Palm Hills. This charming 3-bedroom, 2-bath villa offers easy living with a spacious layout, updated finishes, and a private patio perfect for relaxing or entertaining. Enjoy an open-concept living and dining area, a well-appointed kitchen, and 3 generously sized bedrooms, including a primary suite with a walk-in closet and ensuite bath.

    Edward S. Hurwitz Realty One Group Advantage

    Section Image
  • 9875 Galleon Dr, West Palm Beach, FL 33411

    $375,000

    • 3 Beds
    • 2 Baths
    • 1,340 Sq Ft
    • 9875 Galleon Dr
    • West Palm Beach, FL

    This beautifully maintained 3/2- end unit villa offers the perfect blend of privacy, comfort & lake views. Located in the desirable Baywinds community, this home features a split bedroom floor plan, an enclosed patio off the kitchen, and a corner unit location that provides extra natural light and tranquility.New AC unit with a Reme Halo Air Purification System, for optimal comfort and air

    Emilia Greicy Meregote Habitare International LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 For Sale $749,900 0.0% $509 / Sq Ft
03/10/2025 03/10/25 For Sale $749,900 +127.2% $509 / Sq Ft
06/07/2022 06/07/22 Sold $330,000 +26.9% $259 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $260,000 -- $204 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10794028

BeachesMLS

APN: 74-43-44-03-01-000-4070