NOT LISTED FOR SALE
-- Bed
4 Baths
3,360 Sq Ft
0.37 Acre Lot

Sale Details

Date Sold: January 14, 2022

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

8 Days on Market

Highlights

  • Community Boat Dock
  • No HOA
  • Patio
  • 0.37 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • 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 Buyer's Agent

Michael Johnston

The Keyes Company License #3342965

The Keyes Company
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,734

Year Built

  • Built in 1964

Lot Details

  • 0.37

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4 Bathrooms
  • 3,360 Sq Ft Home
  • Property has 1 Level
  • Terrazzo Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Three-Phase Power

Additional Features

  • Patio
  • 16,000 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $45,900
  • Assessor Parcel Number 564342283504100200030

Community Details

Overview

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

Recreation

  • Community Boat Dock
  • Boating

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

  • Property Type: Residential Income
  • Year Built: 1964
  • Property Sub Type: Quadruplex
  • Directions: East on Silver Beach Rd, property on south side
  • Horses: No
  • Unit Levels: 1
  • Lot Size Acres: 0.37
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Fourplex
  • Subdivision Name: PARK MANOR
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Pending
  • CurrentPrice: 610000
  • UnitTypeDescription: Kitchen,Laundry Room
  • UnitTypeDescription: Kitchen,Laundry Room
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 3360
  • Stories: 1
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No

Exterior Features

  • Roof: Composition Roll
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Water Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Amenities: Boat Dock
  • Association: No
  • Community Features: Boating, Sidewalks, Street Lights

Lot Info

  • Parcel Number: 564342283504100200030
  • Lot Size Sq Ft: 16000
  • Zoning: RD-15(

Multi Family

  • Net Operating Income: 30192
  • Annual Gross Income: 45900
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Total Actual Rent: 45900

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3734

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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: MIAMI REALTORS® MLS

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10763381

MIAMI REALTORS® MLS
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