$1,150,000
SOLD JUL 29, 2024

5655 Mango Rd West Palm Beach, FL 33413

Royal Palm Estates Neighborhood
-- Bed
-- Bath
3,600 Sq Ft
0.25 Acres

Recently Sold

$319 Per Sq Ft

15% Below List Price

95 Days on Market

Highlights

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

About This Home

As of July 2024

Cash flow property, start collecting rent since day 1, 3 parking spaces per unit, nice private pavers patio per unit,good condition units,This amazing fourplex is located in Palm Beach County. Minutes from downtown West Palm Beach - dining, shopping, and entertainment including the world-renowned Kravis theater. Beautiful Florida beaches within a 5-minute driving distance and more!

Last Agent to Sell the Property

Frank Alvarez

Century 21 WC Realty License #3132637 Listed on: 04/24/2024

Century 21 WC Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,116

Year Built

  • Built in 1981

Lot Details

  • 0.25 Acre Lot
  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Water Views

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00424335100110140

Community Details

Overview

  • 4 Units
  • Royal Palm Estates Subdivision

Building Details

  • Operating Expense $12,996
  • Net Operating Income $80,604

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,116

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Southern Blvd west of Haverhill rd to Caroline Av North to Mango rd west (left) to Property
  • Year Built: 1981
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3600.0

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer, Septic Tank
  • Utilities: 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 #: 00424335100110140
  • Lot Size: 55.0 ft x 200.0 ft
  • Lot Size Sq Ft: 11000.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 80604.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 12996.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10116.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
May 8, 2023
Sold by
Linares Damiana Heredia
Bought by
Richardson Garth and Mohammed Jenna
Seller's Agent
OrElvys Sanabria
Coldwell Banker Realty
Buyer's Agent
OrElvys Sanabria
Coldwell Banker Realty
List Price
$950,000
Sold Price
$915,000
Premium/Discount to List
-$35,000
-3.68%
Views
78
Current Estimated Value
$893,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,976
Avg. Annual Appreciation
-1.01%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $915,000 Cla Title & Escrow
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Rented $2,000 0.0% --
07/29/2024 07/29/24 Sold $1,150,000 0.0% $319 / Sq Ft
07/09/2024 07/09/24 For Rent $2,000 0.0% --
04/24/2024 04/24/24 For Sale $1,350,000 +47.5% $375 / Sq Ft
05/08/2023 05/08/23 Sold $915,000 -3.7% $254 / Sq Ft
03/02/2023 03/02/23 For Sale $950,000 -- $264 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

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
2024 $10,137 $521,017 -- --
2023 $10,116 $519,538 $160,500 $359,038
2022 $10,669 $503,501 $0 $0
2021 $9,392 $457,728 $176,000 $281,728
2020 $7,766 $446,368 $176,000 $270,368
2019 $7,294 $407,752 $176,000 $231,752
2018 $6,349 $360,407 $155,925 $204,482
2017 $5,693 $310,042 $103,950 $206,092
2016 $5,238 $209,630 $0 $0
2015 $4,918 $190,573 $0 $0
2014 $4,657 $173,248 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2024

    Frank Alvarez

    Century 21 WC Realty

    (561) 355-0270

    2 in this area

    36 Total Sales

    Frank Alvarez
    Section Image

  • M

    Buyer's Agent in 2024

    Maylin Alvarez Marrero

    Florida Management & Investments LLC

    (561) 800-7628

    4 Total Sales

    Maylin Alvarez Marrero
    Section Image
  • OrElvys Sanabria

    Seller's Agent in 2023

    OrElvys Sanabria

    Coldwell Banker Realty

    (305) 632-5240

    1 in this area

    92 Total Sales

    OrElvys Sanabria
    Section Image
  • Annaby Pozo

    Seller Co-Listing Agent in 2023

    Annaby Pozo

    Coldwell Banker Realty

    (305) 987-8451

    1 in this area

    26 Total Sales

    Annaby Pozo
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10981197

BeachesMLS

APN: 00-42-43-35-10-011-0140

Florida Palm Beach County West Palm Beach 33413 Royal Palm Estates

5655 Mango Rd, West Palm Beach, FL

This home is located at 5655 Mango Rd, West Palm Beach, FL 33413 and is currently priced at $1,150,000, approximately $319 per square foot. This property was built in 1981. 5655 Mango Rd is a home located in Palm Beach County with nearby schools including Benoist Farms Elementary School, Jeaga Middle School, and Royal Palm Beach 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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