NOT LISTED FOR SALE

512 Malverne Rd Unit 4 Units West Palm Beach, FL 33405

South End Neighborhood
-- Bed
-- Bath
2,832 Sq Ft
1980 Built

Last Sold July 30, 2019

Last sale price $500,000 $177 Per Sq Ft

165 Days on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Patio

About This Home

As of July 2019

BUILT ON 1980, 4 UNITS CBS.INCOME APARTMENTS ALL RENTED YEAR AROUND, 2 BR/1BA. CENTRAL AC. & HEAT, CERAMIC TILE FLOORS, WITH WASHER & DRYERS HOOCK UP, CLOSE TO THE I-95, BEACHES, PALM BEACH AIRPORT, DOWNTOWN WPB. 3 BLOCKS FROM INTERCOSTAL WATER WAY.POSSIBLE OWNER FINANCING WITH 35% DOWN PAYMENT ON A 5 YEAR BALOON MORTGAGE, PAYING INTEREST ONLY, AND FULL LOAN PAY OFF AT THE END OF THE TERM.

Last Agent to Sell the Property

Felix Barquin

Partnership Realty Inc. License #3409900 Listed on: 01/15/2019

Co-Listed By

Elsa Perez Gonzalez

West Williams realty LLC License #3411908

Last Buyer's Agent

Marilyn Sowers

RE/MAX Direct License #SL547582

RE/MAX Direct

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,194

Year Built

  • Built in 1980

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,832 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Ceramic Tile Flooring
  • Water Views

Additional Features

  • Patio
  • Sprinkler System
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434403010003990

Community Details

Overview

  • 4 Units
  • Ests Of South Palm Beach Subdivision

Pet Policy

  • Pet Size Limit

Building Details

  • Operating Expense $21,124
  • Net Operating Income $26,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,194

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: EXIT ON I-95 TO SOUTHERN BLV. TOWARD TO THE EAST, KEEP GOING TO DIXIE BLV ,THEN TURN SOUTH ON DIXIE (RIGHT) FIRST BLOCK ON MALVERNE RD. TURN TO THE WEST ALL THE WAY TO THE END, LOOK FOR 512-518.
  • Year Built: 1980
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Tile
  • Living Area: 2832.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit

Lot Info

  • Parcel #: 74434403010003990
  • Lot Size: < 1/4 Acre,Paved Road,Pu
  • Zoning Description: MF20 - M
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 26800.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 21124.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5194.0

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
07/30/2019 07/30/19 Sold $500,000 -5.6% $177 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $529,900 -- $187 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    Felix Barquin

    Partnership Realty Inc.

  • E

    Seller Co-Listing Agent in 2019

    Elsa Perez Gonzalez

    West Williams realty LLC

    (561) 412-7886

    23 Total Sales

    Section Image
  • Marilyn Sowers

    Buyer's Agent in 2019

    Marilyn Sowers

    RE/MAX

    (561) 632-2667

    179 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10495763

BeachesMLS

Florida Palm Beach County West Palm Beach 33405 South End

512 Malverne Rd Unit 4 Units, West Palm Beach, FL

This home is located at 512 Malverne Rd Unit 4 Units, West Palm Beach, FL 33405 since 15 January 2019. This property was built in 1980. 512 Malverne Rd Unit 4 Units is a home located in Palm Beach County with nearby schools including South Olive Elementary School, Conniston Middle School, and Forest Hill Community High School.

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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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