NOT LISTED FOR SALE

720 N St Unit 1-6 (Entire Building West Palm Beach, FL 33401

Grandview Heights Neighborhood

Estimated Value: $205,713 - $674,000

1 Bed
1 Bath
3,664 Sq Ft
$109/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $2,100,000 $573 Per Sq Ft

Current estimated payment $2,412/month

58 Days on Market

Highlights

  • Water Views
  • Fruit Trees
  • Patio
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • 5-minute walk to Howard Park and Community Center

About This Home

As of July 2024

This phenomenal six-unit condominium building with EIGHT bedrooms and EIGHT baths total, in coveted Grandview Heights neighborhood is conveniently located right behind the Convention Center across Okeechobee Blvd. from City Place, The Kravis Center, and in a walking distance from Howard Park. The property features a 2016 roof, full-impact windows, and new/newer HVACs & appliances. Four of the condos feature great 1-bedroom layouts while the other two are spacious 2-bedroom units. Sold fully finished featuring beautiful granite countertops and stunning marble flooring. Currently serving as annual rentals with the ability to be used as vacation rentals. All the units come fully furnished and equipped with electronic locks that can be easily changed for each. The building comes with 10 parki

Last Agent to Sell the Property

Jonathan Huffer

Redfin Corporation License #3275469 Listed on: 05/03/2024

Co-Listed By

Elena Fleck

Redfin Corporation License #3103286

Last Buyer's Agent

Raj Shrestha

Sotheby's Intl. Realty, Inc. License #3440598

Sotheby's Intl. Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,082

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 149.97 x 50
  • Fenced
  • Sprinkler System
  • Fruit Trees

Property Views

  • Water
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,664 Sq Ft Home
  • 2-Story Property
  • Blinds

Flooring

  • Marble
  • Tile

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434328290000010

Community Details

Overview

  • 4 Units
  • 720 N Street Condo Subdivision

Building Details

  • Operating Expense $50,455
  • Net Operating Income $93,898

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,082

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: From I95 - Okeechobee Blvd. east. Right on Parker Ave. Left on Park Pl. Left on Lake Ave. Right on N St.
  • Year Built: 1972
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Private Spa: No
  • Flooring: Marble, Tile
  • Living Area: 3664.0
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Patio
  • View: Garden, Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity 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 #: 74434328290000010
  • Lot Size: 149.97 x 50
  • Zoning Description: MF14(c

Multi Family

  • Property Net Operating Income: 93898.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 50455.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 20082.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jul 1, 2024
Sold by
Carlos Alvarado Revocable Living Trust and Alvarado Carlos
Bought by
Saaa Llc
Seller's Agent
Jonathan Huffer
Redfin Corporation
Buyer's Agent
Raj Shrestha
Sotheby's Intl. Realty, Inc.
List Price
$2,495,000
Sold Price
$2,100,000
Premium/Discount to List
-$395,000
-15.83%
Views
9
Current Estimated Value
$400,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,699,822
Avg. Annual Appreciation
-73.45%

Purchase Details

Closed on
Jul 25, 2017
Sold by
Willingham Timothy Robert and Florez Monica
Bought by
Alvarado Carlos and The Carlos Alvarado Revocable Living Tru

Purchase Details

Closed on
Aug 28, 2006
Sold by
720 N Street Llc
Bought by
Willingham Timothy Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,900
Interest Rate
6.31%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Saaa Llc $2,100,000 Palmetto Harbor Title
Saaa Llc $2,100,000 Palmetto Harbor Title
Alvarado Carlos $1,050,000 Attorney
Willingham Timothy Robert -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $2,100,000 -15.8% $573 / Sq Ft
05/03/2024 05/03/24 For Sale $2,495,000 -- $681 / 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 $3,476 $159,720 -- --
2023 $3,225 $145,200 $0 $0
2022 $3,046 $132,000 $0 $0
2021 $2,806 $120,000 $0 $120,000
2020 $2,722 $115,000 $0 $115,000
2019 $2,748 $115,000 $0 $115,000
2018 $2,636 $115,000 $0 $115,000
2017 $1,500 $65,000 $0 $0
2016 $1,408 $56,100 $0 $0
2015 $1,297 $51,000 $0 $0
2014 $1,312 $51,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10984337

BeachesMLS

APN: 74-43-43-28-29-000-0010