Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
3,430
EXCEPTIONAL OPPORTUNITY to acquire this 7.8% + CAP RATE NWD Zoning TURNKEY 3 UNIT income-producing property( approved for 4 rental units ) located in the path of progress, just West of the NORA development, slated for completion by late 2025. The property is steps away from City Place, the Bright Line, and minutes from ocean beaches, Worth Avenue, and PBI Airport . The property consists of three structures featuring FOUR approved rental units: the main house has a 3 BR/ 1.5 BA unit, & a 5BR /2BA unit; a 1BR/ 1BA Guest House; and a Studio/1 BA cottage. This 6,534 SF lot enjoys NWD zoning. New Roof 2022, renovations in 2023. Offered TURNKEY & FURNISHED. Please do not disturb the tenants. Financials & Zoning info in Documents. Just steps from NORA !
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Other
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
None
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential Income
Price
-
Sales Price
$950,000
-
Tax Amount
8734.0
-
Zoning
NWD-R
-
Sq. Footage
3, 430
-
Price/SqFt
$276
HOA
-
Association
YES
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Senior Community YN
NO
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Location
County
Palm Beach
Elementary School
Middle School
High School
Listing Courtesy of Giuliana Torre , Douglas Elliman
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