NOT LISTED FOR SALE

Estimated Value: $446,000 - $586,000

4 Beds
2 Baths
1,818 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $217,000 $119 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,513/month

285 Days on Market

About This Home

As of August 2020

CASH OFFERS ONLY! Money making building. Each unit has separate water, gas and electric meters. Centrally located very close to the intra-coastal. Unit on first floor has 3 bedrooms / 1 Bath. Unit on second floor 2 Bedroom /1 Bath. Each unit has 2 parking spaces. Storage shed outside. Long term tenants month to month.Rents have the potential to be increased as current rents are below market rental price.Roof was replaced about 6 years ago. Unique charming Palm Beach architecture. RE taxes $4,376/Y (2019). Estimated ins = $2.300/YLot goes up to the east corner.

Last Agent to Sell the Property

Katty Cavalieri

RE/MAX Prestige Realty License #3030612 Listed on: 10/11/2019

RE/MAX Prestige Realty

Last Buyer's Agent

DANIELA RIANO

Brickell Brokers LLC License #3397944

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,731

Year Built

  • Built in 1925

Lot Details

  • 6,750 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,818 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Lake Worth Town Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421152110090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,731

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Take US1, turn east at 6th ave.
  • Year Built: 1925
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 1818.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Tar/Gravel

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas 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 #: 38434421152110090
  • Lot Size: 135.0 ft x 50.0 ft
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SF-7(c

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3731.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2025
Sold by
Narly Investments
Bought by
607 Ave Llc
Current Estimated Value
$509,153

Purchase Details

Closed on
Dec 8, 2022
Sold by
Mgs Realty Management Inc
Bought by
Narly Investments Llc

Purchase Details

Closed on
Jul 9, 2021
Sold by
Narli Nihat Murat
Bought by
Mgs Realty Management Inc

Purchase Details

Listed on
Oct 11, 2019
Closed on
Aug 25, 2020
Sold by
Klimantiris Paul and Klimantiris Anna
Bought by
Narli Nihat Murat
Seller's Agent
Katty Cavalieri
RE/MAX Prestige Realty
Buyer's Agent
DANIELA RIANO
Brickell Brokers LLC
List Price
$235,000
Sold Price
$217,000
Premium/Discount to List
-$18,000
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.04%
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 Buyer Sale Price Title Company
607 Ave Llc -- None Listed On Document
Narly Investments Llc $340,000 --
Mgs Realty Management Inc $220,000 Attorney
Narli Nihat Murat $217,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $217,000 -7.7% $119 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $235,000 -- $129 / 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 $9,121 $367,317 -- --
2023 $8,388 $337,088 $141,750 $195,338
2022 $6,976 $270,332 $0 $0
2021 $5,861 $214,716 $66,000 $148,716
2020 $4,601 $204,187 $66,000 $138,187
2019 $4,378 $199,787 $61,600 $138,187
2018 $3,731 $148,216 $44,895 $103,321
2017 $3,496 $136,281 $40,814 $95,467
2016 $3,308 $96,256 $0 $0
2015 $3,062 $87,505 $0 $0
2014 $2,849 $79,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10569404

BeachesMLS

APN: 38-43-44-21-15-211-0090