$188,000
SOLD JAN 13, 2020
-- Bed
-- Bath
2,462 Sq Ft
6,273 Sq Ft Lot

Recently Sold

$76 Per Sq Ft

6% Below List Price

6 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Wood Siding
  • Old Spanish Architecture
  • Central Heating and Cooling System
  • 3-minute walk to Heart & Soul Park

About This Home

As of August 2021

711 8th Street is a fantastic opportunity to own a modernized vintage duplex nestled in the center of the Progressive Northwest District of Downtown West Palm Beach. The property is ideally located next to the brand-new community center and The Tabernacle Missionary Baptist Church. The two-story building is comprised of two spacious Three Bedroom- One Bathroom units. Each unit has been tastefully updated with wood & tile flooring, newer appliances, and brand-new central ac units. Current ownership has kept rental rates remarkably affordable, creating significant upside in potential income. This opportunity is unmatched on price per square foot basis and will not last long! Please reach out to Luke Mauger for further details.

Last Agent to Sell the Property

Luke Mauger, P.A.

BAWONS Properties, Inc License #3428937 Listed on: 11/21/2019

Last Buyer's Agent

Jorge Luis Cifuentes Mendez

Deal Flow Realty, LLC. License #3324591

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,763

Year Built

  • Built in 1925

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Old Spanish Architecture
  • Frame With Stucco
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,462 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Freshwater Add To Wpb Condos
  • Freshwater Add To Wpb Subdivision

Listing and Financial Details

  • Rent includes gardener, pest control
  • Assessor Parcel Number 74434316010090070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,763

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Property Sub Type: Duplex
  • Architectural Style: Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: FRESHWATER ADD TO WPB
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 2462
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Composition Roll
  • Construction Type: Frame With Stucco, Wood Siding
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FRESHWATER ADD TO WPB
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 74434316010090070
  • Zoning: NWD-R-C1 - Northwest
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3763

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 27, 2021
Sold by
Rb Investments Florida Llc
Bought by
Tirador Jose
Seller's Agent
Jorge Luis Cifuentes Mendez
Deal Flow Realty, LLC.
Buyer's Agent
Telisa Days
Charles Rutenberg Realty FTL
List Price
$299,000
Sold Price
$325,000
Premium/Discount to List
$26,000
8.7%
Current Estimated Value
$598,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,437
Avg. Annual Appreciation
13.60%
Original Mortgage
$314,153
Outstanding Balance
$288,953
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$253,746

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jan 10, 2020
Sold by
C & C Petro Investments Llc
Bought by
Rb Investments Florida Llc
Seller's Agent
Luke Mauger, P.A.
BAWONS Properties, Inc
Buyer's Agent
Jorge Luis Cifuentes Mendez
Deal Flow Realty, LLC.
List Price
$199,999
Sold Price
$188,000
Premium/Discount to List
-$11,999
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.20%

Purchase Details

Closed on
Sep 18, 2009
Sold by
Lasalle Bank National Association
Bought by
C & C Petro Investments Llc

Purchase Details

Closed on
Oct 27, 2008
Sold by
Maragh Frederick Lloyd
Bought by
Lasalle Bank National Association

Purchase Details

Closed on
Feb 1, 2005
Sold by
Kelly John J and Kelly Patricia A
Bought by
Maragh Frederick Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Puerta Sandra
Bought by
Kelly John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2002
Sold by
Sssmmmbbb Inc
Bought by
Puerta Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
6.81%
Mortgage Type
Unknown

Purchase Details

Closed on
May 24, 2001
Sold by
Mary W Williams I
Bought by
Sssmmmbbb Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,600
Interest Rate
7.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 $325,000 Attorney
Special Warranty Deed $188,000 Priority Title
Corporate Deed $20,000 Bay Title & Escrow Company
Trustee Deed -- None Available
Warranty Deed $160,000 Harbor Title Lc
Warranty Deed $125,000 Flagler Title Company
Corporate Deed $45,000 --
Warranty Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $314,153 FHA
Previous Owner $144,000 Purchase Money Mortgage
Previous Owner $112,500 Purchase Money Mortgage
Previous Owner $31,000 Unknown
Previous Owner $29,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $325,000 +8.7% $132 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $299,000 +59.0% $121 / Sq Ft
01/13/2020 01/13/20 Sold $188,000 -6.0% $76 / Sq Ft
11/21/2019 11/21/19 For Sale $199,999 -- $81 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $6,823 $309,521 -- --
2023 $6,287 $281,383 $58,473 $235,908
2022 $5,792 $255,803 $0 $0
2021 $5,170 $219,692 $37,500 $182,192
2020 $4,011 $187,756 $30,000 $157,756
2019 $3,765 $176,834 $42,000 $134,834
2018 $3,460 $189,646 $32,130 $157,516
2017 $3,221 $179,952 $32,130 $147,822
2016 $2,978 $105,226 $0 $0
2015 $2,906 $95,660 $0 $0
2014 $2,474 $86,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10777059

MIAMI REALTORS® MLS

APN: 74-43-43-16-01-009-0070