West Palm Beach, FL 33407,702 50th ST
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West Palm Beach, FL 33407,702 50th ST
West Palm Beach, FL 33407,702 50th ST
West Palm Beach, FL 33407,702 50th ST
West Palm Beach, FL 33407,702 50th ST
Listed by Keller Williams Realty/P B
Bought with Lifestyle International Realty

$480,000

Est. payment /mo

$525,000

8.6%
Est.Price: ?

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702 50th ST West Palm Beach, FL 33407

4 Beds

3 Baths

1,700 SqFt

SOLD DATE : 11/26/2024

Key Details

Sold Price $480,000

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,700 sqft

Price per Sqft $282

Subdivision North Palm Beach

MLS Listing ID RX-11019438

Bedrooms 4

Full Baths 3

Year Built 1926

Annual Tax Amount $3,013

Tax Year 2023

Lot Size 5,171 Sqft

Property Description

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.

Location

State FL

County Palm Beach

Area 5420

Zoning SF7(ci

Rooms

Other Rooms None

Interior

Heating No Heat

Cooling Ceiling Fan, Electric, Wall-Win A/C

Flooring Ceramic Tile, Wood Floor

Exterior

Utilities Available Public Sewer, Public Water

Amenities Available None

Waterfront Description None

Exposure West

Building

Lot Description < 1/4 Acre

Story 1.00

Foundation Frame, Stucco

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Misti Bradley Pandolfo

Misti Bradley Pandolfo

+1(772) 215-6999

Our team is ready to help you sell your home for the highest possible price ASAP


Misti Bradley Pandolfo

Broker Associate | License ID: BK3091716

+1(772) 215-6999

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