$620,000

Estimated payment $4,098/month

Total Views 3,448
-- Bed
-- Bath
1,129 Sq Ft
$549 Price per Sq Ft

Highlights

  • Water Views
  • Shed
  • Heating Available
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring

About This Home

Seller / owner financing possible.Prime location, offering endless possibilities for customization. Rendered photos showcase the property's transformation potential, allowing buyers to envision its future.This 3-bedroom, 2-bathroom duplex spans 1,129 sq. ft. on a 5,066 sq. ft. lot, ideally situated north of Southern Blvd and east of Dixie Hwy. Just minutes from the Intracoastal, West Palm Beach's renowned restaurants, shops, galleries, and the famous Antique Row, this location is unbeatable.With the right vision, this property can be transformed into a million-dollar single family pool home. General contractor and architect referrals are available to assist buyers in realizing their dream design.Schedule a showing before it's too late, this opportunity won't last!

Listing Agent

Alexander Moein

Debuire International Realty License #3521531

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,655

Year Built

  • Built in 1955

Home Design

  • Duplex

Interior Spaces

  • 1,129 Sq Ft Home
  • 1-Story Property
  • Water Views

Flooring

  • Ceramic Tile
  • Vinyl

Schools

  • Palmetto Elementary School
  • Conniston Community Middle School
  • Forest Hill High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Additional Features

  • Shed
  • 5,066 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 74434334150000110

Community Details

Overview

  • 2 Units
  • Estates Of South Palm Bea Subdivision

Building Details

  • Operating Expense $9,840
  • Net Operating Income $98,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,655

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 to Southern Blvd, East (right) on Walton, (East of Dixie Hwy) Left hand side of Street.
  • Year Built: 1955
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 1129.0

Exterior Features

  • Exterior Features: Shed
  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Other, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

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

Schools

  • Elementary School: Palmetto (Miami Dade)
  • High School: Forest Hill
  • Middle Or Junior School: Conniston Community

Lot Info

  • Parcel #: 74434334150000110
  • Lot Size: East of US-1
  • Lot Size Sq Ft: 5066.0
  • Zoning Description: MF20-C1-
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 98160.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 9840.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7655.0

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 $7,655 $305,280 -- --
2023 $7,098 $277,527 $323,800 $104,610
2022 $6,661 $252,297 $0 $0
2021 $5,568 $256,790 $175,000 $81,790
2020 $4,971 $208,510 $126,000 $82,510
2019 $5,298 $235,341 $161,000 $74,341
2018 $4,510 $194,750 $136,500 $58,250
2017 $4,305 $184,925 $109,200 $75,725
2016 $3,258 $134,397 $0 $0
2015 $2,950 $117,433 $0 $0
2014 $3,469 $134,453 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 For Sale $620,000 -- $549 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed $149,000 Attorney
Special Warranty Deed $70,000 Patch Reef Title Company Inc
Special Warranty Deed $229,680 Attorney
Warranty Deed $262,000 Sunbelt Title Agency
Warranty Deed $105,000 Sunbelt Title Agency
Quit Claim Deed $39,500 --
Warranty Deed $42,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $298,800 New Conventional
Closed $160,000 Adjustable Rate Mortgage/ARM
Previous Owner $209,600 New Conventional
Previous Owner $94,500 Purchase Money Mortgage
Previous Owner $87,244 New Conventional
Previous Owner $5,650 New Conventional
Previous Owner $17,000 Balloon
Source: Public Records

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    • 7028 Gila Ln
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Source: BeachesMLS

MLS Number: R11062510

BeachesMLS

APN: 74-43-43-34-15-000-0110