$1,595,000
UNDER CONTRACT

Estimated payment $9,997/month

Total Views 1,657
-- Bed
-- Bath
3,224 Sq Ft
$495 Price per Sq Ft

Highlights

  • Room in yard for a pool
  • Garden View
  • Cooling Available
  • William T. Dwyer High School Rated A-
  • Impact Glass
  • 3-minute walk to Intracoastal

About This Home

Prime multifamily investment opportunity in an unbeatable location. This rare double duplex property sits on a coveted .56-acre parcel in unincorporated Palm Beach County, just steps from the highly anticipated Ritz-Carlton Residences and the PGA Blvd corridor. Comprised of four well-appointed 2-bedroom, 1-bath units each featuring updated kitchens, impact glass, private laundry, and outdoor patios, this property offers excellent rental income potential. With luxury development transforming the area, this investment ensures long-term value insulation in one of South Florida's most desirable markets. Minutes from championship golf, fine dining, picturesque waterways, and world class beaches, this is a rare chance to secure a prime multifamily asset in an area poised for additional growth.

Listing Agent

Ben Hartman

Illustrated Properties LLC (Co License #3178410

Illustrated Properties LLC (Co

Co-Listing Agent

Christian Demers

Illustrated Properties LLC (Co License #3288852

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,140

Year Built

  • Built in 1973

Lot Details

  • Fenced
  • Sprinkler System

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,224 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Garden Views
  • Impact Glass

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434204000003262

Community Details

Overview

  • 4 Units
  • Juno Ridge Subdivision

Building Details

  • Operating Expense $86,500
  • Net Operating Income $68,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,140

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: PGA Blvd to Ellison Willson, north on Ellison Wilson to Seder Lane (on the right)
  • Year Built: 1973
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: 4224
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3224.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio, Room For Pool
  • View: Garden
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Electric, Other
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00434204000003262
  • Lot Size: 1/2 to < 1 Acre
  • Zoning Description: RH/Multi

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 68500.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 86500.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13140.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $13,140 $699,697 -- --
2023 $12,693 $636,088 $316,168 $430,351
2022 $11,265 $578,262 $0 $0
2021 $11,393 $575,774 $304,800 $270,974
2020 $9,728 $515,133 $288,000 $227,133
2019 $8,797 $429,348 $242,400 $186,948
2018 $7,843 $401,062 $239,579 $161,483
2017 $7,433 $401,062 $239,579 $161,483
2016 $6,852 $308,854 $0 $0
2015 $6,677 $280,776 $0 $0
2014 $6,280 $255,251 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 For Sale $1,595,000 +192.7% $495 / Sq Ft
08/07/2020 08/07/20 Sold $545,000 +54499900.0% $169 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $1 -- $0 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $545,000 First Priority Title Company
Warranty Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,750 New Conventional
Previous Owner $110,000 Unknown
Source: Public Records

Source: BeachesMLS

MLS Number: R11063736

BeachesMLS

APN: 00-43-42-04-00-000-3262