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$525,000
73 Days On Site
702 50th StreetWest Palm Beach, FL 33407
For Sale|Triplex|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
1,700
SqFt
$309
/SqFt
1926
Built
Subdivision:
NORTH PALM BEACH
County:
Palm Beach
Call Now: (561) 421-3211
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Monthly Payment (Est.)
$2,395Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.
Introducing a rare opportunity to own a Spanish-style detached triplex in the sought-after area of West Palm Beach. This investment gem offers a current cap rate of 8.61%, making it an attractive option for those looking to enhance their real estate portfolio.Property Highlights:-Three separate rental units present a steady income stream. Unit 1 will be available by 10/31/25. Unit 2 is currently under a lease that runs through 9/1/25. Unit 3 is on a six-month lease, set to expire on 3/31/25.Monthly Income:Unit 1 - $2,100Unit 2 - $1,450Unit 3 - $900-Built on a 50 x 105 lot, this property showcases classic stucco exterior walls with a durable built-up roof, ensuring long-lasting quality and minimal maintenance.
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Listing Snapshot
Price
$525,000
Days On Site
73 Days
Bedrooms
N/A
Inside Area (SqFt)
1,700 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1926
MLS® Number
R11019429
Status
Active Under Contract
Property Tax
$3,013
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
a month ago | Listing updated with changes from the MLS® | |
a month ago | Status changed to Active Under Contract | |
2 months ago | Listing first seen on site |
General Features
Contingency
No Contingencies
Property Sub Type
Triplex
Sewer
Public Sewer
SqFt Total
1700
Stories
One
Utilities
Sewer AvailableWater Available
Water Source
Public
Zoning
SF7(ci
Interior Features
Cooling
Ceiling Fan(s)ElectricWall/Window Unit(s)
Flooring
Ceramic TileWood
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Exterior Features
Construction Details
Frame
Exterior
None
Pool Features
None
Roof
Built-Up
Community Features
Financing Terms Available
CashConventional
HOA Fee Frequency
Monthly
MLS Area
5420
Listing courtesy of Keller Williams Realty/P B
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2024 BeachesMLS, Inc. (a Flex MLS feed)
Last updated at: 2024-10-15 07:32 PM UTC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2024 BeachesMLS, Inc. (a Flex MLS feed)
Last updated at: 2024-10-15 07:32 PM UTC
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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