NOT LISTED FOR SALE

821 N Tamarind Ave West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $363,000 - $660,000

-- Bed
-- Bath
1,846 Sq Ft
$256/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $230,000 $125 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,954/month

469 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Fenced
  • Patio
  • 1 Car Garage
  • Wall Furnace

About This Home

As of October 2021

CALLING ALL INVESTORS! Terrific investment opportunity, the property is FULLY occupied with immediate cash flow! West Palm Beach duplex in a prime location. Upper unit 4 bedroom, 1 bath rented at $1,200/month. Lower unit 1 bed, 1 bath rented at $900. Both units tiled throughout. 1 car garage plus additional storage room. Fenced patio in the back. Seller is pretty firm on price, do the CAP rate and ROI for yourself. Please no lowballs.

Last Agent to Sell the Property

Rick Kendrick

Your Home Sold Guaranteed Realty of Florida License #3219145 Listed on: 06/16/2020

Last Buyer's Agent

Laura Beck-Levitt

NV Realty Group, LLC License #3310493

NV Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,950

Year Built

  • Built in 1947

Lot Details

  • 3,188 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,846 Sq Ft Home
  • 2-Story Property
  • Double Hung Metal Windows
  • Ceramic Tile Flooring

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 74434316010050012

Community Details

Overview

  • 2 Units
  • Freshwater Add To Wpb Subdivision

Building Details

  • Operating Expense $11,200
  • Net Operating Income $6,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,950

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: FROM I-95 TAKE PALM BEACH LAKES BLVD EXIT EAST. RIGHT ON NORTH TAMARIND. PROPERTY IS JUST PAST 8TH STREET ON THE RIGHT.
  • Year Built: 1947
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1846.0
  • Window Features: Double Hung, Metal

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: 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 #: 74434316010050012
  • Lot Size Sq Ft: 3188.0
  • Zoning Description: NWD-5(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 6300.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 11200.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2950.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2023
Sold by
August Reign Development Corporation
Bought by
Areh Properties Llc
Current Estimated Value
$471,813

Purchase Details

Listed on
Jun 16, 2020
Closed on
Oct 29, 2021
Sold by
Amann George Charles
Bought by
August Reign Development Corporation
Seller's Agent
Rick Kendrick
Your Home Sold Guaranteed Realty of Florida
Buyer's Agent
Laura Beck-Levitt
NV Realty Group, LLC
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.74%

Purchase Details

Listed on
Dec 20, 2018
Closed on
Mar 11, 2019
Sold by
Souwed Hassan and Souwed Jason
Bought by
Amann George Charles
Seller's Agent
Jason Souwed
Palm Beach Property Buyers LLC
Buyer's Agent
Jason Souwed
Palm Beach Property Buyers LLC
List Price
$299,500
Sold Price
$216,000
Premium/Discount to List
-$83,500
-27.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Jan 13, 2016
Sold by
County Of Palm Beach
Bought by
Souwed Hassan
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
Areh Properties Llc $201,665 --
August Reign Development Corporation $230,000 Attorney
Amann George Charles $216,000 Main Street T&E Inc
Souwed Hassan $35,400 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $230,000 -4.2% $125 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
06/16/2020 06/16/20 For Sale $240,000 +11.1% $130 / Sq Ft
03/11/2019 03/11/19 Sold $216,000 -27.9% $117 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
12/20/2018 12/20/18 For Sale $299,500 -- $162 / 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 $5,438 $245,615 -- --
2023 $5,083 $221,832 $34,209 $204,122
2022 $4,651 $201,665 $0 $0
2021 $4,248 $179,935 $13,650 $166,285
2020 $3,907 $160,073 $12,285 $147,788
2019 $2,952 $115,279 $10,465 $104,814
2018 $3,389 $147,946 $9,298 $138,648
2017 $3,055 $127,977 $8,453 $119,524
2016 $2,042 $69,673 $0 $0
2015 $2,014 $63,339 $0 $0
2014 $1,905 $57,581 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Kendrick

    Seller's Agent in 2021

    Rick Kendrick

    Your Home Sold Guaranteed Realty of Florida

    (561) 508-8453

    1 in this area

    108 Total Sales

    Rick Kendrick
    Section Image

  • L

    Buyer's Agent in 2021

    Laura Beck-Levitt

    NV Realty Group, LLC

    (561) 542-2602

    1 in this area

    60 Total Sales

    Laura Beck-Levitt
    Section Image
  • Jason Souwed

    Seller's Agent in 2019

    Jason Souwed

    Palm Beach Property Buyers LLC

    (561) 866-6399

    8 Total Sales

    Jason Souwed
    Section Image
  • Michelle Meyers

    Buyer Co-Listing Agent in 2019

    Michelle Meyers

    Keller Williams Realty Jupiter

    (561) 656-2929

    2 Total Sales

    Michelle Meyers
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10631281

BeachesMLS

APN: 74-43-43-16-01-005-0012

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

821 N Tamarind Ave, West Palm Beach, FL

This home is located at 821 N Tamarind Ave, West Palm Beach, FL 33401 since 16 June 2020 and is currently estimated at $471,813, approximately $255 per square foot. This property was built in 1947. 821 N Tamarind Ave is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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