Highlights
- Gated Community
- Central Heating and Cooling System
- Fenced
- Ceramic Tile Flooring
About This Home
As of October 2024GREAT INVESTMENT OPPORTUNITY!!! 8-9% gross cap% with potential for more. Long term tenants in three units on 12 month leases and one vacant unit with an interested prospect already (see rental listing) Professionally managed by OCS LLC. Concrete wall added 2022 making it a gated building for the tenants. Central air in all units, new HVAC system in unit 2 and 3. CBS building, recently passed city of WPB code inspection & rental license in place. Bottom units have private rear courtyard (potential to up the rent in these units!) This building is your key to a ground floor opportunity in a rapidly growing area. Management company can stay on at your discretion.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,965
Year Built
- Built in 1965
Lot Details
- 3,685 Sq Ft Lot
- Fenced
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,852 Sq Ft Home
- 2-Story Property
- Ceramic Tile Flooring
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434316010150022
Community Details
Overview
- 4 Units
- Freshwater Add To Wpb Subdivision
Building Details
- Operating Expense $18,000
- Net Operating Income $44,000
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/21/2024 10/21/24 | Sold | $725,000 | 0.0% | $254 / Sq Ft |
| 09/20/2024 09/20/24 | Pending | -- | -- | -- |
| 09/11/2024 09/11/24 | For Sale | $725,000 | +394.9% | $254 / Sq Ft |
| 06/29/2012 06/29/12 | Sold | $146,500 | -16.3% | $51 / Sq Ft |
| 05/30/2012 05/30/12 | Pending | -- | -- | -- |
| 10/17/2011 10/17/11 | For Sale | $175,000 | -- | $61 / Sq Ft |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,870 | $381,919 | -- | -- |
| 2023 | $7,965 | $347,199 | -- | -- |
| 2022 | $5,853 | $211,166 | -- | -- |
| 2021 | $5,490 | $269,190 | $19,500 | $249,690 |
| 2020 | $4,912 | $216,954 | $17,550 | $199,404 |
| 2019 | $4,310 | $158,652 | $14,950 | $143,702 |
| 2018 | $4,729 | $212,773 | $13,283 | $199,490 |
| 2017 | $4,247 | $184,049 | $12,075 | $171,974 |
| 2016 | $3,858 | $150,264 | $0 | $0 |
| 2015 | $4,595 | $178,217 | $0 | $0 |
| 2014 | $3,675 | $132,903 | $0 | $0 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $507,500 | New Conventional | |
| Previous Owner | $328,500 | Unknown | |
| Previous Owner | $153,000 | Purchase Money Mortgage | |
| Previous Owner | $110,000 | Unknown | |
| Previous Owner | $110,000 | Credit Line Revolving | |
| Previous Owner | $30,000 | New Conventional | |
| Previous Owner | $30,000 | Balloon |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $725,000 | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | $224,000 | None Available | |
| Special Warranty Deed | $125,714 | Attorney | |
| Warranty Deed | $146,500 | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $60,000 | Attorney | |
| Trustee Deed | -- | None Available | |
| Quit Claim Deed | -- | Gulfstream Title Solutions | |
| Warranty Deed | $170,000 | Title Matters Llc | |
| Warranty Deed | $47,000 | -- | |
| Deed | $46,000 | -- | |
| Warranty Deed | $30,000 | -- |
Source: BeachesMLS
MLS Number: R11020873
APN: 74-43-43-16-01-015-0022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.