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$525,000
75 Days On Site
702 50th StreetWest Palm Beach, FL 33407
For Sale|Single Family Residence|Active Under Contract
4
Beds
3
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 empty by the end of Oct 2024. Unit 2 has a year lease until Sep 2025. Unit 3 has a 6 month lease, until end of March 2025.Monthly Income:Unit 1- $2,100 (expires 10/31/25)Unit 2- $1,450 (9/1/25)Unit 3- $900 (3/31/25)-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
75 Days
Bedrooms
4
Inside Area (SqFt)
1,700 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
5,171 Acres
Year Built
1926
MLS® Number
R11019438
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
Number Of Stories
1
Pets
No
Property Sub Type
Single Family Residence
Sewer
Public Sewer
SqFt Total
1700
Utilities
Sewer AvailableWater Available
Water Source
Public
Zoning
SF7(ci
Interior Features
Appliances
None
Cooling
Ceiling Fan(s)ElectricWall/Window Unit(s)
Flooring
Ceramic TileWood
Furnished
Unfurnished
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Exterior Features
Construction Details
Frame
Pool Features
None
Community Features
Association Amenities
Other
Financing Terms Available
CashConventional
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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