$447,000 - $526,000
RENTED DEC 19, 2024

748 Dr Martin Luther King jr Blvd Unit B West Palm Beach, FL 33404

2 Beds
2 Baths
963 Sq Ft
$508 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • 2 Car Garage
  • Northeast Facing Home
  • William T. Dwyer High School Rated A-
  • Fenced

About This Home

As of December 2024

2 bedroom, 2 bathroom spacious duplex located in downtown West Palm Beach. Unit features spacious living/dining, newer kitchen appliances, tile flooring, large living room/dining space, walking closet in the master suite, fenced yard and 2 parking spaces. HOUSING VOUCHER applicants are welcome to apply!!! Property is vacant!
See Broker remarks for showing instructions.

Last Agent to Rent the Property

Sharon Edwards

Realty 100 License #3162386 Listed on: 08/20/2024

Realty 100

Last Renter's Agent

Sharon Edwards

Realty 100 License #3162386 Listed on: 08/20/2024

Realty 100

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,398

Year Built

  • Built in 1982

Lot Details

  • 6,206 Sq Ft Lot
  • Northeast Facing Home
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • 963 Sq Ft Home
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 9/1/24
  • 12 Month Lease Term
  • Renewal Option
  • Assessor Parcel Number 56434232010210220

Community Details

Overview

  • Inlet City Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,398

Year Built

Built in 1982

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2024-09-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Multi Family
  • Property Sub Type Additional: Multi Family
  • Year Built: 1982
  • Lease Renewal Option: Yes
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 963.0

Exterior Features

  • Exterior Features: Fence, Security/High Impact Doors
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northeast
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two Spaces

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: Breed Restrictions, Yes

Lot Info

  • Parcel #: 56434232010210220
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6206.0
  • Zoning Description: DG
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2024
Sold by
Stanley Amy
Bought by
Lbcfl Investments Llc and Lbc Investments Llc
Current Estimated Value
$488,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$395,543
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$93,204

Purchase Details

Closed on
Dec 29, 2022
Sold by
Bakst Michael R
Bought by
Stanley Amy

Purchase Details

Closed on
Jul 12, 2022
Sold by
Basa Investments Llc
Bought by
Banegas Astrid Carolina

Purchase Details

Closed on
Apr 12, 2017
Sold by
Not Provided
Bought by
Basa Investments Llc

Purchase Details

Closed on
May 10, 1995
Sold by
Roberts Cynthia
Bought by
Roberts Herman
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
Lbcfl Investments Llc $500,000 Allied Title & Escrow Services
Stanley Amy $222,610 --
Banegas Astrid Carolina -- None Listed On Document
Basa Investments Llc $80,100 None Available
Roberts Herman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lbcfl Investments Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2024 12/19/24 Rented $1,837 +2.1% --
11/18/2024 11/18/24 Price Changed $1,800 -5.3% $2 / Sq Ft
10/25/2024 10/25/24 Price Changed $1,900 -5.0% $2 / Sq Ft
10/11/2024 10/11/24 Price Changed $2,000 -9.1% $2 / Sq Ft
08/25/2024 08/25/24 Price Changed $2,200 -4.3% $2 / Sq Ft
08/25/2024 08/25/24 Price Changed $2,300 -4.2% $2 / Sq Ft
08/20/2024 08/20/24 For Rent $2,400 +100.0% --
06/14/2019 06/14/19 Rented -- -- --
05/15/2019 05/15/19 Under Contract -- -- --
05/09/2019 05/09/19 For Rent $1,200 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $3,398 $154,515 -- --
2023 $3,413 $154,522 $80,000 $74,522
2022 $2,141 $90,474 $0 $0
2021 $1,994 $83,812 $32,395 $51,417
2020 $1,831 $74,772 $32,395 $42,377
2019 $1,819 $73,228 $30,844 $42,384
2018 $1,659 $67,685 $29,975 $37,710
2017 $1,504 $68,747 $31,030 $37,717
2016 $1,393 $50,603 $0 $0
2015 $1,318 $46,003 $0 $0
2014 $1,238 $41,821 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10457347

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-32-01-021-0220