$367,500
SOLD JUN 27, 2019

West Palm Beach, FL 33417

-- Bed
-- Bath
2,772 Sq Ft
1975 Built

Recently Sold

$133 Per Sq Ft

8% Below List Price

105 Days on Market

Highlights

  • Waterfront
  • Canal View
  • Ceramic Tile Flooring
  • Canal Access
  • Patio
  • Central Heating and Cooling System

About This Home

As of July 2021

Phenomenal Investment opportunity in West Palm Beach! New roof & Accordion shutters....7.63% Cap rate, plenty of room to improve the property and increase rents.

Last Agent to Sell the Property

Maria Termotto-Horwitz

Keller Williams Realty/P B License #3266347 Listed on: 02/11/2019

Keller Williams Realty/P B

Last Buyer's Agent

William Norman

Illustrated Properties LLC License #3340452

Illustrated Properties LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,366

Year Built

  • Built in 1975

Lot Details

  • Waterfront

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,772 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring
  • Canal Views

Outdoor Features

  • Canal Access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424326040010040

Community Details

Overview

  • 3 Units
  • Plantation Village Unrec Subdivision

Building Details

  • Operating Expense $8,845
  • Net Operating Income $30,454

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,366

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Okeechobee to Breezy Lane, South to fork in road, go left on E Breezy, property is on East side.
  • Year Built: 1975
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2772.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Patio
  • View: Canal
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424326040010040
  • Zoning Description: RM/MULTI

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 30454.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 8845.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4366.0

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Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $800,000 -10.5% $180 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $894,000 +143.3% $201 / Sq Ft
06/27/2019 06/27/19 Sold $367,500 -42.1% $133 / Sq Ft
06/27/2019 06/27/19 Sold $635,000 -9.0% $143 / Sq Ft
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: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • William Norman

    Seller's Agent in 2021

    William Norman

    Illustrated Properties LLC

    (561) 381-1997

    35 Total Sales

    William Norman
    Section Image

  • R

    Buyer's Agent in 2021

    Ravi Mohanka

    Sainaam Realty & Investment

    (561) 714-1196

    359 Total Sales

    Ravi Mohanka
    Section Image

  • M

    Seller's Agent in 2019

    Maria Termotto-Horwitz

    Keller Williams Realty/P B

    (561) 779-9452

    121 Total Sales

    Maria Termotto-Horwitz
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Source: BeachesMLS

MLS Number: R10503737

BeachesMLS

Florida Palm Beach County West Palm Beach

33417

This home and is currently priced at $367,500, approximately $132 per square foot. This property was built in 1975. This home is a home located in Palm Beach County with nearby schools including Wynnebrook Elementary School, Jeaga Middle School, and Royal Palm Beach 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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