$615,000
SOLD JUN 24, 2019
-- Bed
-- Bath
3,410 Sq Ft
0.29 Acres

Recently Sold

$180 Per Sq Ft

4% Below List Price

23 Days on Market

Highlights

  • Water Views
  • Fruit Trees
  • Impact Glass
  • Newly Remodeled
  • Room in yard for a pool
  • Central Heating and Cooling System

About This Home

As of May 2025

Welcome to Bunker Road. A beautifully restored 4-plex offering any investor or homeowner monthly cash flow. The building is situated in the South End of West Palm Beach where rentals properties are highly desired. The property is comprised of three structures. The main building offers 3 units. Both ground floor units are composed of 2 bedrooms and 1 bathroom. The upstairs unit is a spacious 4 bedrooms 2 bathroom with one of the bedroom offering an onsuite to create a true master bedroom. The upstairs unit also has in unit washer and dryer hook ups and a balcony to enjoy sunrises and sunsets. The 4TH unit is a detached studio composed of 2 bedroom and 1 bathroom. The third building is outfitted with coin washers and dryers for additional income and storage. There are 8 parking spots.

Last Agent to Sell the Property

Maria Walden

Real Estate Connect LLC License #3331161 Listed on: 05/01/2019

Last Buyer's Agent

Joseph Scheerer

Douglas Elliman License #3294010

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,436

Year Built

  • Built in 1925 | Newly Remodeled

Lot Details

  • 0.29 Acre Lot
  • Fruit Trees

Home Design

  • Barrel Roof Shape
  • Frame Construction

Interior Spaces

  • 3,410 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Water Views
  • Impact Glass

Pool

  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Southboro Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434404130002280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,436

Year Built

Built in 1925 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: S. DIXIE HWY WEST TO BUNKER. PROPERTY ON NORTH SIDE
  • Year Built: 1925
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: New Construction
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Laminate
  • Living Area: 3410.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fruit Trees, Room For Pool
  • View: Water
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: New Construction
  • Roof: Barrel, Other

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434404130002280
  • Lot Size Sq Ft: 12740.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3436.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2024
Closed on
May 28, 2025
Sold by
Preschool Management Ii Inc
Bought by
Leys Patrice
Seller's Agent
Soheila Marchal
Coldwell Banker Realty
Buyer's Agent
Gaetjen Jerome, Realtor
LoKation
List Price
$1,399,900
Sold Price
$1,275,000
Premium/Discount to List
-$124,900
-8.92%
Views
87
Current Estimated Value
$1,290,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,021
Avg. Annual Appreciation
3.98%
Original Mortgage
$938,000
Outstanding Balance
$938,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$352,021

Purchase Details

Listed on
Aug 8, 2022
Closed on
Nov 30, 2022
Sold by
Escrow Cash Advance Llc
Bought by
Preschool Management Ii Inc
Seller's Agent
Rebecca Giacobba
LPT Realty, LLC
List Price
$999,000
Sold Price
$900,000
Premium/Discount to List
-$99,000
-9.91%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.95%
Original Mortgage
$340,000
Interest Rate
6.95%
Mortgage Type
Balloon

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jun 8, 2021
Sold by
Golden Lake Investments Of The Palm Beac
Bought by
Escrow Cash Advance Llc
Seller's Agent
Joseph Scheerer
Douglas Elliman
List Price
$818,000
Sold Price
$785,000
Premium/Discount to List
-$33,000
-4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Original Mortgage
$581,250
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jun 2, 2021
Sold by
Christal Investments Llc
Bought by
Golden Lake Investments Of Palm Beaches
Seller's Agent
Joseph Scheerer
Douglas Elliman
List Price
$818,000
Sold Price
$785,000
Premium/Discount to List
-$33,000
-4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 24, 2019
Sold by
Pacecon Inspections & Consulting Llc
Bought by
Christal Investments Llc
Seller's Agent
Maria Walden
Real Estate Connect LLC
Buyer's Agent
Joseph Scheerer
Douglas Elliman
List Price
$639,000
Sold Price
$615,000
Premium/Discount to List
-$24,000
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%
Original Mortgage
$485,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 23, 2018
Sold by
Demitri John
Bought by
Pacecon Inspection Consulting Llc

Purchase Details

Closed on
Apr 11, 2011
Sold by
Alves Ricardo J and Alves Gloria
Bought by
Demitri John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
30%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 24, 2003
Sold by
Timm Ronald and Timm Lisa
Bought by
Alves Ricardo J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
5.98%

Purchase Details

Closed on
Jun 14, 1996
Sold by
Faulkner John Scott
Bought by
Timm Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
7.94%
Mortgage Type
New Conventional
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 $1,275,000 Legacy Title Services
Warranty Deed $900,000 Title Pros Insurance Agency
Warranty Deed $115,000 None Listed On Document
Warranty Deed $785,000 Attorney
Warranty Deed $615,000 Trident Title
Warranty Deed $170,000 Attorney
Warranty Deed $42,000 None Available
Warranty Deed $245,000 Sun Title & Abstract Of Well
Warranty Deed $127,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $938,000 New Conventional
Previous Owner $340,000 Balloon
Previous Owner $581,250 Purchase Money Mortgage
Previous Owner $485,000 Adjustable Rate Mortgage/ARM
Previous Owner $140,000 New Conventional
Previous Owner $85,000 Balloon
Previous Owner $183,750 No Value Available
Previous Owner $114,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $1,275,000 -8.9% $364 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
02/04/2024 02/04/24 For Sale $1,399,900 +55.5% $400 / Sq Ft
12/01/2022 12/01/22 Sold $900,000 -5.2% $264 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/01/2022 11/01/22 Price Changed $949,000 -1.0% $278 / Sq Ft
10/25/2022 10/25/22 Price Changed $959,000 -0.6% $281 / Sq Ft
10/10/2022 10/10/22 Price Changed $965,000 -1.0% $283 / Sq Ft
09/10/2022 09/10/22 Price Changed $975,000 -1.4% $286 / Sq Ft
09/01/2022 09/01/22 Price Changed $989,000 -1.0% $290 / Sq Ft
08/08/2022 08/08/22 For Sale $999,000 +27.3% $293 / Sq Ft
06/02/2021 06/02/21 Sold $785,000 -4.0% $230 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $818,000 +33.0% $240 / Sq Ft
06/24/2019 06/24/19 Sold $615,000 -3.8% $180 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $639,000 -- $187 / 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 $17,868 $828,874 -- --
2023 $17,496 $805,679 $231,660 $574,019
2022 $15,982 $716,255 $0 $0
2021 $11,676 $497,354 $178,200 $319,154
2020 $10,784 $451,809 $145,800 $306,009
2019 $4,672 $171,502 $113,400 $58,102
2018 $3,436 $161,057 $109,394 $51,663
2017 $4,864 $120,014 $68,371 $51,643
2016 $2,225 $68,608 $0 $0
2015 $2,179 $62,371 $0 $0
2014 $1,984 $56,701 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10526493

BeachesMLS

APN: 74-43-44-04-13-000-2280