817 Lighthouse Dr Unit A,B,C,D North Palm Beach, FL 33408
Estimated payment $7,293/month
Total Views
28,787
--
Bed
--
Bath
3,416
Sq Ft
$263
Price per Sq Ft
Highlights
- Water Views
- Tile Flooring
- 3-minute walk to Osbourne Park
- Impact Glass
- Central Heating and Cooling System
About This Home
Excellent opportunity to own 4 2 bedroom condos in North Palm Beach. Priced under $225K per unit, you are not going to find a cheaper per unit investment property. All impact windows. 2023 roof. Have received multiple cash offers at $800K or slightly higher. Seller looking for higher. Potential to improve these units and get well over $2K/mo each. HOA $380/mo per unit. Rarely available for sale in Pineapple Grove. Extremely desirable area. Exterior maintenance is included with the HOA fees (Paint, railings, roofing, lawn maintenance, parking lot paving).
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,304
Year Built
- Built in 1961
Lot Details
- Sprinkler System
HOA Fees
- $1,520 Monthly HOA Fees
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,416 Sq Ft Home
- 2-Story Property
- Water Views
- Impact Glass
Flooring
- Carpet
- Tile
Schools
- Howell L. Watkins Middle School
- Palm Beach Gardens High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 68434217388170010
- Seller Considering Concessions
Community Details
Overview
- Association fees include insurance, ground maintenance, pest control, reserve fund
- 4 Units
- Pineapple Grove Subdivision
Building Details
- Operating Expense $26,000
- Net Operating Income $50,800
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,076 | $150,000 | -- | -- |
| 2023 | $2,423 | $116,160 | $0 | $125,000 |
| 2022 | $2,283 | $105,600 | $0 | $0 |
| 2021 | $2,073 | $96,000 | $0 | $96,000 |
| 2020 | $2,076 | $96,000 | $0 | $96,000 |
| 2019 | $1,901 | $85,000 | $0 | $85,000 |
| 2018 | $1,354 | $81,000 | $0 | $81,000 |
| 2017 | $1,159 | $60,000 | $0 | $0 |
| 2016 | $1,060 | $42,459 | $0 | $0 |
| 2015 | $1,034 | $38,599 | $0 | $0 |
| 2014 | $995 | $35,090 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2025 05/07/25 | For Sale | $899,000 | +16.0% | $263 / Sq Ft |
| 08/31/2023 08/31/23 | Sold | $775,000 | -3.1% | $227 / Sq Ft |
| 06/15/2023 06/15/23 | For Sale | $800,000 | +77.8% | $234 / Sq Ft |
| 12/13/2018 12/13/18 | Sold | $450,000 | -12.8% | $132 / Sq Ft |
| 11/13/2018 11/13/18 | Pending | -- | -- | -- |
| 08/27/2018 08/27/18 | For Sale | $516,000 | -- | $151 / Sq Ft |
Source: BeachesMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $775,000 | Home Partners Title Services | |
| Warranty Deed | $775,000 | Home Partners Title Services | |
| Warranty Deed | $450,000 | Homepartners Title Services | |
| Warranty Deed | $142,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $79,730 | New Conventional | |
| Previous Owner | $106,500 | Purchase Money Mortgage |
Source: Public Records
About the Listing Agent
With over 20 years in the business, our number 1 priority is not sales volume, but helping our clients, the real people living and moving to the best areas in Florida. If you are looking for results, we will make it happen, and with our service you will get 5-star communication, expertise, and reliability. We combine with a Mechanical Engineering degree, appraisal license, CPA experience, and much more. Living in the area since 1993, we have all the connections, from mortgage, to contractors,
Alex's Other Listings
Source: BeachesMLS
MLS Number: R11088368
APN: 68-43-42-17-38-817-0010
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