Bought with Compass Florida LLC
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Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,024 sqft
Price per Sqft $310
Subdivision Palm Beach Shores
MLS Listing ID RX-10938072
Sold Date 05/08/24
Bedrooms 6
Full Baths 8
Construction Status Resale
HOA Y/N No
Year Built 1961
Annual Tax Amount $17,184
Tax Year 2023
Property Sub-Type Quad Plex
Property Description
Discover an exceptional investment awaiting your vision in Palm Beach Shores, Singer Island! This quadplex presents an incredible opportunity, offering the potential for 2-bedroom, 2-bathroom units spanning 1,006 square feet each. With ample space available, envision the addition of a spacious pool, enhancing the property's allure and appeal to future guests. Nestled on a generously sized lot spanning just over 8,500 square feet, this quadplex is an ideal canvas for those seeking remarkable cap rate potential. Whether you're an investor or looking to embark on a rewarding project, this property promises an enticing opportunity. The true allure of this investment lies in its potential for vacation rentals. Capitalize on the demand for a coastal escape, offering guests a chance to enjoy
Location
State FL
County Palm Beach
Community Palm Beach Shores
Area 5240
Zoning B
Interior
Heating No Heat
Cooling None
Flooring Concrete
Exterior
Exterior Feature None
Community Features Sold As-Is
Utilities Available Electric, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
Roof Type Other
Present Use Sold As-Is
Private Pool No
Building
Lot Description < 1/4 Acre
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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Team Leader | Broker Associate | License ID: BK3455404
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