280 Caroline Ave West Palm Beach, FL 33413
Royal Palm Estates NeighborhoodEstimated payment $3,836/month
Total Views
3,116
--
Bed
--
Bath
1,624
Sq Ft
$369
Price per Sq Ft
Highlights
- Waterfront
- Canal View
- Central Heating and Cooling System
- Canal Access
- Ceramic Tile Flooring
- 4-minute walk to Caroline Park
About This Home
This rare find duplex offers two spacious 2-bedroom, 1-bathroom units PLUS a permitted efficiency that's already income-producing. Located in the heart of West Palm Beach, this property is perfectly positioned near Okeeheelee Park for outdoor fun, Palm Beach Outlets for shopping, and just a short drive to downtown West Palm Beach and the iconic beaches!Both units have undergone numerous upgrades, making them modern, tenant-friendly, and low-maintenance. The property features ample parking for all tenants, ensuring convenience, and tenants are already in place, making this a true turnkey investment. With its prime location, great return on investment, and future potential, this duplex + efficiency is a real estate gem waiting to elevate your portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,924
Year Built
- Built in 1973
Lot Details
- 8,313 Sq Ft Lot
- Waterfront
- Fenced
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,624 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
- Canal Views
Outdoor Features
- Canal Access
Schools
- Benoist Farms Elementary School
- Jeaga Middle School
- Royal Palm Beach High School
Utilities
- Central Heating and Cooling System
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00424335100070150
Community Details
Overview
- 2 Units
- Royal Palm Estates Subdivision
Building Details
- Operating Expense $5,924
- Net Operating Income $42,076
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,924 | $311,560 | -- | -- |
| 2023 | $5,951 | $312,624 | $126,378 | $186,246 |
| 2022 | $5,511 | $260,722 | $0 | $0 |
| 2021 | $4,862 | $237,020 | $88,000 | $149,020 |
| 2020 | $4,812 | $232,878 | $88,000 | $144,878 |
| 2019 | $4,501 | $212,181 | $88,000 | $124,181 |
| 2018 | $3,357 | $175,503 | $77,963 | $97,540 |
| 2017 | $3,017 | $151,088 | $51,975 | $99,113 |
| 2016 | $2,769 | $119,472 | $0 | $0 |
| 2015 | $2,595 | $108,611 | $0 | $0 |
| 2014 | $2,514 | $103,028 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/18/2025 01/18/25 | For Sale | $600,000 | +33.3% | $369 / Sq Ft |
| 06/09/2022 06/09/22 | Sold | $450,000 | -4.3% | $277 / Sq Ft |
| 05/10/2022 05/10/22 | Pending | -- | -- | -- |
| 04/11/2022 04/11/22 | For Sale | $470,000 | +70.9% | $289 / Sq Ft |
| 09/27/2019 09/27/19 | Sold | $275,000 | +1.9% | $169 / Sq Ft |
| 08/28/2019 08/28/19 | Pending | -- | -- | -- |
| 08/20/2019 08/20/19 | For Sale | $269,900 | +102.9% | $166 / Sq Ft |
| 07/15/2013 07/15/13 | Sold | $133,000 | -4.3% | $82 / Sq Ft |
| 06/15/2013 06/15/13 | Pending | -- | -- | -- |
| 05/06/2013 05/06/13 | For Sale | $139,000 | -- | $86 / Sq Ft |
Source: BeachesMLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | New Title Company Name | |
| Warranty Deed | $275,000 | Nu World Ttl & Setmnt Svcs L | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $133,000 | K Title Company Llc | |
| Special Warranty Deed | $86,099 | Premium Title Services Inc | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $285,000 | Olympia Title & Escrow Corp | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $158,500 | Imperial Title & Escrow Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $322,500 | New Conventional | |
| Previous Owner | $206,250 | New Conventional | |
| Previous Owner | $57,000 | Stand Alone Second | |
| Previous Owner | $228,000 | Purchase Money Mortgage | |
| Previous Owner | $192,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $126,800 | Purchase Money Mortgage | |
| Closed | $15,850 | No Value Available |
Source: Public Records
Similar Homes in West Palm Beach, FL
Source: BeachesMLS
MLS Number: R11053972
APN: 00-42-43-35-10-007-0150
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