NOT LISTED FOR SALE
-- Beds
6 Baths
4,452 Sq Ft
1975 Built

Sale Details

Date Sold: July 30, 2021

Last sale price $800,000 $180 Per Sq Ft

50 Days on Market

Highlights

  • Waterfront
  • Canal Width 1-80 Feet
  • No HOA
  • Canal View
  • Room in yard for a pool
  • Complete Accordion Shutters

About This Home

As of July 2021

Great Investment Opportunity in West Palm Beach. Triplex and a Duplex fully rented. Updated apartments with Washer/Dryer. Newer roofs. Accordion shutters all the way around. Plenty of off street parking. Do Not Disturb Tenants. Do Not Walk on Property. Viewing after a fully executed contract. 7.4% Cap rate with room to increase rents

Last Buyer's Agent

Ravi Mohanka

Sainaam Realty & Investment License #3034455

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,015

Year Built

  • Built in 1975

Lot Details

  • Waterfront

Parking

  • Open Parking

Property Views

  • Canal
  • Garden

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6 Bathrooms
  • 4,452 Sq Ft Home
  • Property has 1 Level
  • Vertical Blinds
  • Ceramic Tile Flooring
  • Complete Accordion Shutters
  • Range
  • Washer and Dryer Hookup

Outdoor Features

  • Room in yard for a pool
  • Canal Width 1-80 Feet
  • Patio

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $82,740
  • Tenant pays for water
  • Assessor Parcel Number 00424326040010040

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Plantation Village Unrec O Subdivision

Building Details

  • Gross Income $82,740
  • Net Operating Income $66,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,015

Year Built

Built in 1975

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1975
  • Property Sub Type: Quadruplex
  • Directions: Okeechobee to Breezy Lane, South to fork in road, go left on E Breezy, property is on East side.
  • Horses: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Fourplex
  • Subdivision Name: PLANTATION VILLAGE UNREC O
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 800000
  • ShowingTimeFlag: No
  • MIAMIRE_EfficiencyYN: No
  • MIAMIRE_EfficiencyYN: No
  • MIAMIRE_Equipment: Range, Refrigerator
  • MIAMIRE_Equipment: Range, Refrigerator, Washer/Dryer Hookups
  • MIAMIRE_Equipment: Range, Refrigerator, Washer/Dryer Hookups
  • MIAMIRE_Equipment: Range, Refrigerator, Washer/Dryer Hookups
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 4452
  • Stories: 1
  • Window Features: Complete Accordian Shutters, Blinds, Verticals
  • UnitTypeFurnished: Unfurnished
  • MIAMIRE_FurnishedYN: No
  • UnitTypeFurnished: Unfurnished
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No
  • UnitTypeFurnished: Unfurnished
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No

Exterior Features

  • Roof: Composition Roll
  • View: Canal, Garden, Canal View
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot, Septic
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Width 1-80 Feet
  • Waterfront: Yes

Garage/Parking

  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Green Building Features: Room For Pool
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic, Water Connected, Cable Available, Water Available

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Community Features: None

Lot Info

  • Parcel Number: 00424326040010040
  • Zoning: RM/MULTI-FAMILY

Rental Info

  • Tenant Pays: Water

Multi Family

  • Net Operating Income: 66485
  • Annual Gross Income: 82740
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Total Actual Rent: 82740

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11015

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $800,000 -10.5% $180 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $894,000 +143.3% $201 / Sq Ft
06/27/2019 06/27/19 Sold $367,500 -42.1% $133 / Sq Ft View Prior Sale
06/27/2019 06/27/19 Sold $635,000 -9.0% $143 / Sq Ft View Prior Sale
05/28/2019 05/28/19 Pending -- -- --
05/28/2019 05/28/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $698,000 +74.9% $157 / Sq Ft
02/11/2019 02/11/19 For Sale $399,000 -- $144 / Sq Ft
Source: MIAMI REALTORS® MLS

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10715871

MIAMI REALTORS® MLS
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