NOT LISTED FOR SALE
-- Bed
4 Baths
3,360 Sq Ft
16,117 Sq Ft Lot

Last Sold January 14, 2022

Last sale price $610,000 $182 Per Sq Ft

3 Days on Market

Highlights

  • Boat Ramp
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 0.37 Acre Lot
  • Sport Court
  • Terrazzo Flooring

About This Home

As of January 2022

Two duplexes on Silver Beach Road available for sale as a package. Two separate parcels with a surface parking lot shared by the two properties provides ample parking. Concrete block (CBS) construction. Separately metered for electric. Tenants pay electric. One water meter per duplex. Water/sewer service is City provided and paid by landlord. Market rents are $1,400-$1,500 per month, providing significant upside to new ownership. Located a few blocks from Bert Bostrom Park and a half mile to U.S. 1, offering easy access to employment centers including the Port of Palm Beach and St. Mary's Medical Center.

Last Agent to Sell the Property

Jesse Bailey

49 Units, LLC License #3227469 Listed on: 12/08/2021

Last Buyer's Agent

Michael Johnston

The Keyes Company License #3342965

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,734

Year Built

  • Built in 1964

Lot Details

  • 0.37 Acre Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4 Bathrooms
  • 3,360 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 56434228350410020/0030

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Park Manor Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Sport Court
  • Community Playground

Building Details

  • Gross Income $45,900
  • Net Operating Income $30,192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,734

Year Built

Built in 1964

Lot Details

0.37 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: East on Silver Beach Rd, property on south side
  • Year Built: 1964
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 3360.0

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Street Lights
  • Senior Community: No
  • Amenities: Boating, Playground, Park, Sports Fields, Sidewalks
  • Association: No

Lot Info

  • Parcel #: 56434228350410020/0030
  • Lot Size Acres: 0.37
  • Lot Size Sq Ft: 16117.2
  • Mobile Dim Units: Feet
  • Zoning: RD-15(

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Property Net Operating Income: 30192.0
  • Number Of Units In Community: 4
  • Annual Gross Income: 45900.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3734.0
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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 List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $610,000 +5.9% $182 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $576,000 -- $171 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10763381

BeachesMLS (Greater Fort Lauderdale)
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