NOT LISTED FOR SALE

919 2nd St Unit 1-4 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $587,000 - $781,059

-- Bed
2 Baths
1,242 Sq Ft
$574/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $800,000 $644 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,579/month

124 Days on Market

Highlights

  • Garden View
  • Ceramic Tile Flooring
  • Wood Siding
  • Cooling System Mounted To A Wall/Window
  • 8 Car Garage
  • 3-minute walk to Alice Mickens Park

About This Home

As of September 2023

Location! Location!! Location!!! This Quad Plex without HOA in the center of Downtown West Palm Beach. This property can be used as a commercial unit. The city will allow for new construction or expansion of the existing building. Excellent opportunity for the investor who would like to build Highrise building.This is one of the Gems in downtown West Palm Beach, waking distance to City Place, Beach, downtown supermarkets, school, Tri-Rail Station, Palm Beach International Airport, Palm Beach Island, WPB Court, trendy Clematis, Train station, and Greyhound bus station close to Highways, Schools, Super Markets, Banks and many more. Investors dream is finally here. Don't miss this opportunity.

Last Listed By

Shakir Ahmed

Continental Properties, Inc. License #3346934 Listed on: 05/03/2023

Continental Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 8 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,242 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434321060340100

Community Details

Overview

  • 4 Units
  • Clows Subdivision

Building Details

  • Operating Expense $11,640
  • Net Operating Income $50,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,126

Year Built

Built in 1925

Lot Details

0

Parking

8

Listing Details

  • Prop. Type: Residential Income
  • Directions: from 919 2nd St, West Palm Beach, FL 33401to S Tamarind Ave, West Palm Beach, FL 33401. Turn Right on 2nd Street, the property is on the left.
  • Year Built: 1925
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1242.0

Exterior Features

  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Wood Siding
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 8.0
  • Garage Spaces: 8.0
  • Garage Yn: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: 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 #: 74434321060340100
  • Lot Size: 50.0 ft x 120.0 ft
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: NWD-2(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 50760.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 11640.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4126.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Sep 5, 2023
Sold by
Florida Paraguay Real Estate Llc
Bought by
Wpb Onyx
Seller's Agent
Shakir Ahmed
Continental Properties, Inc.
Buyer's Agent
Ruslana Dorotych
Top Miami Realty
List Price
$925,000
Sold Price
$800,000
Premium/Discount to List
-$125,000
-13.51%
Total Days on Market
124
Views
186
Current Estimated Value
$713,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,485
Avg. Annual Appreciation
-8.98%

Purchase Details

Closed on
Sep 19, 2018
Sold by
Sm Partnership Llc
Bought by
Florida Paraguay Real Estate Llc

Purchase Details

Closed on
Jun 29, 2018
Sold by
Southern Engineering & Construction Llc
Bought by
Sm Partnership Llc

Purchase Details

Closed on
Sep 20, 2009
Sold by
Flagler Trust Inc
Bought by
Southern Engineering & Construction Llc

Purchase Details

Closed on
May 5, 2008
Sold by
Southern Engineering & Construction Llc
Bought by
Flagler Trust Inc

Purchase Details

Closed on
Jan 10, 2005
Sold by
Arsali Nicholas
Bought by
Prestige Investment Group Llc

Purchase Details

Closed on
Dec 21, 2004
Sold by
Washington Trust Llc
Bought by
Arsali Nicholas

Purchase Details

Closed on
May 21, 2003
Sold by
Arsali Nicholas
Bought by
Washington Trust Llc

Purchase Details

Closed on
Aug 26, 2002
Sold by
Collado Mellisa and City Of West Palm Beach
Bought by
Arsali Nicholas

Purchase Details

Closed on
Mar 14, 2001
Sold by
Epcon Investments Ltd C
Bought by
Collado Mellisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,238
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2001
Sold by
C A M Developments Inc
Bought by
Jefferson Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,238
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2001
Sold by
Household Finance Corp Iii
Bought by
Cam Developments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,238
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2000
Sold by
Clerk Of Courts
Bought by
Household Finacne Corporation Iii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,979
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 1998
Sold by
Bankers Trust Co Of Ca Tr
Bought by
Cochran Kelly

Purchase Details

Closed on
Feb 18, 1998
Sold by
Clerk Of The Court
Bought by
Bankers Trust Co

Purchase Details

Closed on
Aug 19, 1997
Sold by
Clerk Of The Court
Bought by
Quality Mortgage Usa Inc

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
Wpb Onyx $800,000 None Listed On Document
Florida Paraguay Real Estate Llc $183,000 Attorney
Sm Partnership Llc $130,000 None Available
Southern Engineering & Construction Llc -- None Available
Flagler Trust Inc -- None Available
Prestige Investment Group Llc -- --
Arsali Nicholas -- --
Washington Trust Llc -- --
Arsali Nicholas $53,105 --
Collado Mellisa $220,000 --
Epcon Investments Ltd -- --
Jefferson Constance $180,000 --
Cam Developments Inc $29,900 --
Household Finacne Corporation Iii -- --
Cochran Kelly $30,000 --
Bankers Trust Co $36,400 --
Quality Mortgage Usa Inc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Onyx Wpb Llc $426,000
Previous Owner Quality Mortgage Usa Inc $201,238
Previous Owner Quality Mortgage Usa Inc $146,979
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $800,000 -13.5% $644 / Sq Ft
05/03/2023 05/03/23 For Sale $925,000 -- $745 / 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 $7,015 $312,964 -- --
2023 $4,477 $172,653 $58,473 $162,789
2022 $4,126 $156,957 $0 $0
2021 $3,868 $167,784 $46,250 $121,534
2020 $3,440 $129,716 $40,700 $89,016
2019 $3,972 $152,229 $51,800 $100,429
2018 $2,012 $123,834 $36,950 $86,884
2017 $1,791 $112,331 $32,130 $80,201
2016 $1,638 $44,000 $0 $0
2015 $1,929 $60,060 $0 $0
2014 $1,669 $54,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shakir Ahmed

    Seller's Agent in 2023

    Shakir Ahmed

    Continental Properties, Inc.

    (561) 351-6163

    1 in this area

    112 Total Sales

    Shakir Ahmed
    Section Image

  • R

    Buyer's Agent in 2023

    Ruslana Dorotych

    Top Miami Realty

    (786) 300-1504

    7 in this area

    17 Total Sales

    Ruslana Dorotych
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10886531

BeachesMLS

APN: 74-43-43-21-06-034-0100

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

919 2nd St Unit 1-4, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 919 2nd St Unit 1-4, West Palm Beach, FL 33401 since 03 May 2023 and is currently estimated at $713,515, approximately $574 per square foot. This property was built in 1925. 919 2nd St Unit 1-4 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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