West Palm Beach, FL 33407,414 50th ST 412-414
Listed by Logan Realty Inc
Bought with Charles Rutenberg Realty LLC
$955,000
$1,100,000
13.2%
Est.Price: ?

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6 BD
4 BA
2,460 SqFt

414 50th ST 412-414 West Palm Beach, FL 33407

Est. payment /mo
SOLD DATE : 09/06/2019

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Key Details

Sold Price $955,000

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,460 sqft

Price per Sqft $388

Subdivision North Palm Bch 3

MLS Listing ID RX-10534600

Sold Date 09/06/19

Bedrooms 6

Full Baths 4

Construction Status Resale

HOA Y/N No

Abv Grd Liv Area 20

Year Built 1952

Annual Tax Amount $4,535

Tax Year 2018

Lot Size 8,531 Sqft

Property Description

This Turnkey multi-family property is nestled on two parcels and features Four 2 bedroom 1 bath units and Two 1 bedroom 1 bath units. Completely renovated, impact glass and all electrical has been buried underground. The kitchens have been updated with granite counter-tops, stainless steel appliances, solid wood cabinets and all new bathrooms. Across from the Intracoastal and Osprey Park this compound was formerly leased to a religious group at $11,000 per Month triple net and has the projected lease potential of $1500 per Month for each 2 bedroom unit and $1100 per Month for each 1 bedroom unit. For a solid cap rate return, call today before it's gone! Property is located in the Opportunity Zone and with the combined 3 buildings has a total of 10 bedrooms.

Location

State FL

County Palm Beach

Area 5420

Zoning SF7(ci

Interior

Heating Central

Cooling Central, Paddle Fans

Flooring Ceramic Tile

Exterior

Exterior Feature Auto Sprinkler, Fence, Open Porch

Community Features Sold As-Is

Utilities Available Electric Service Available, Public Sewer, Public Water

Amenities Available Boating, Picnic Area

Waterfront Description Intracoastal,None

Water Access Desc Common Dock

View Intracoastal

Roof Type Comp Shingle,Concrete Tile

Present Use Sold As-Is

Private Pool No

Building

Lot Description 1/2 to < 1 Acre, East of US-1, Paved Road, Public Road, Sidewalks

Story 2.0

Foundation CBS

Construction Status Resale

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Samantha Scott

Agent | SLSL3522291

+1(561) 714-2115

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