NOT LISTED FOR SALE

916 4th St West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $621,000 - $702,000

8 Beds
4 Baths
2,576 Sq Ft
$256/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $640,000 $248 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,748/month

92 Days on Market

Highlights

  • Porch
  • Open Patio
  • Fenced
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • 3-minute walk to Alice Mickens Park

About This Home

As of June 2023

Great Investment Property at over 6.5% CAP. BRAND NEW ROOF and renovated units, Tenants pay all utilities, low maintenance property right off Tamarind Ave construction which is almost complete. Large capital investments in this area by the city of WPB. Numerous new developments in the area and more coming soon. Do no Disturb Tenants, full showings and inspections after accepted offers with proof of funds. Cash offers only with no financing contingency.

Last Listed By

Shawn Wilt

Premier Associates Realty LLC License #3384428 Listed on: 02/20/2023

Premier Associates Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,565

Year Built

  • Built in 1971

Lot Details

  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,576 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434321060230050

Community Details

Overview

  • 4 Units
  • Clows Add To Wpb Subdivision

Building Details

  • Operating Expense $21,090
  • Net Operating Income $45,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,565

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1971
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2576.0

Exterior Features

  • Exterior Features: Fence, Porch, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • 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 #: 74434321060230050
  • Lot Size: < 1/4 Acre
  • Zoning Description: NWD-5

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 45510.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 21090.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4565.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Jun 23, 2023
Sold by
916 West Palm Llc
Bought by
Elazar-Hizkiya Dana
Seller's Agent
Shawn Wilt
Premier Associates Realty LLC
Buyer's Agent
Gil Yosefi
Top Miami Realty
List Price
$676,000
Sold Price
$640,000
Premium/Discount to List
-$36,000
-5.33%
Total Days on Market
92
Current Estimated Value
$659,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,629
Avg. Annual Appreciation
-3.19%
Original Mortgage
$448,000
Outstanding Balance
$439,580
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$161,603

Purchase Details

Listed on
Jun 20, 2019
Closed on
Aug 20, 2019
Sold by
Defigueiredo Rubens L and De Figueiredo Sonia C
Bought by
916 West Palm Llc
Seller's Agent
Rosemary Lisboa
The Keyes Company
Buyer's Agent
Lawrence Mastropieri
Mastropieri Group LLC
List Price
$340,000
Sold Price
$320,000
Premium/Discount to List
-$20,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.78%
Original Mortgage
$243,750
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 12, 2018
Sold by
Gl Dc Figueiredo Llc
Bought by
Figueiredo Rubens Lucio Dc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2017
Sold by
Joamie Propeties Llc
Bought by
Gl De Figueiredo Llc

Purchase Details

Closed on
Apr 17, 2017
Sold by
Avitan Mikhael
Bought by
Jonmic Properties Llc

Purchase Details

Closed on
Jan 17, 2017
Sold by
Jonmic Proipertise Llc
Bought by
Jommic Properties Llc and Jonmic Properties Llc

Purchase Details

Closed on
Nov 7, 2014
Sold by
Aegis Properties Of South Florida Llc
Bought by
Jonmic Properties Llc

Purchase Details

Closed on
Jul 21, 2014
Sold by
Wright Lynda
Bought by
Aegis Properties Of South Florida Llc

Purchase Details

Closed on
Aug 5, 2004
Sold by
Gilbert James D and Wright Lynda Y
Bought by
Wright Lynda Y

Purchase Details

Closed on
Feb 11, 2004
Sold by
Gilbert James D
Bought by
Gilbert James D

Purchase Details

Closed on
Jul 24, 2001
Sold by
M D Koon I
Bought by
Gilbert James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
7.16%
Mortgage Type
New Conventional

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
Elazar-Hizkiya Dana $640,000 None Listed On Document
916 West Palm Llc $320,000 Attorney
Figueiredo Rubens Lucio Dc -- Attorney
Gl De Figueiredo Llc $246,000 Couture Title & Escrow Llc
Jonmic Properties Llc -- Couture Title And Escrow Llc
Jommic Properties Llc $90,000 Attorney
Jonmic Properties Llc $121,000 Attorney
Aegis Properties Of South Florida Llc $96,300 None Available
Wright Lynda Y -- Allegiance Title Of Florida
Gilbert James D -- Allegiance Title Of Florida
Gilbert James D $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elazar-Hizkiya Dana $448,000
Previous Owner 916 West Palm Llc $400,000
Previous Owner 916 West Palm Llc $243,750
Previous Owner Figueiredo Rubens Lucio Dc $200,000
Previous Owner Wright Lynda Y $34,000
Previous Owner Wright Lynda Y $225,000
Previous Owner Gilbert James D $110,500
Previous Owner Gilbert James D $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $640,000 -5.3% $248 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $676,000 +111.3% $262 / Sq Ft
08/20/2019 08/20/19 Sold $320,000 -5.9% $124 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $340,000 -- $132 / 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 $12,677 $579,300 -- --
2023 $7,987 $326,071 $60,130 $336,682
2022 $7,301 $296,428 $0 $0
2021 $6,840 $297,901 $30,000 $267,901
2020 $6,162 $244,982 $27,000 $217,982
2019 $4,730 $177,597 $23,000 $154,597
2018 $4,767 $192,952 $21,252 $171,700
2017 $3,429 $143,334 $19,320 $124,014
2016 $3,144 $117,815 $0 $0
2015 $3,669 $138,018 $0 $0
2014 $2,563 $81,258 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Shawn Wilt

    Premier Associates Realty LLC

    (954) 779-0004

    1 in this area

    4 Total Sales

    Shawn Wilt
    Section Image
  • Gil Yosefi

    Buyer's Agent in 2023

    Gil Yosefi

    Top Miami Realty

    (305) 335-8956

    4 in this area

    18 Total Sales

    Gil Yosefi
    Section Image
  • Rosemary Lisboa

    Seller's Agent in 2019

    Rosemary Lisboa

    The Keyes Company

    (305) 906-6371

    17 Total Sales

    Rosemary Lisboa
    Section Image
  • Lawrence Mastropieri

    Buyer's Agent in 2019

    Lawrence Mastropieri

    Mastropieri Group LLC

    (561) 544-7000

    518 Total Sales

    Lawrence Mastropieri
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10867649

BeachesMLS

APN: 74-43-43-21-06-023-0050

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

916 4th St, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 916 4th St, West Palm Beach, FL 33401 since 20 February 2023 and is currently estimated at $659,629, approximately $256 per square foot. This property was built in 1971. 916 4th St 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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