$699,000

Estimated payment $4,506/month

Total Views 2,686
-- Bed
-- Bath
1,946 Sq Ft
$359 Price per Sq Ft

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • Wood Siding
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

Investors special fourplex in West Palm Beach. All four units are fully leased on flexible month-to-month terms, providing an excellent cash flow opportunity in the heart of the city. Located near downtown West Palm Beach Northwood subdivision, close railway station, a supermarket, and top-rated schools, this property offers both convenience and strong returns. Don't miss this chance to own a profitable gem in West Palm Beach!

Listing Agent

Shakir Ahmed

Continental Properties, Inc. License #3346934

Continental Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,243

Year Built

  • Built in 1928

Lot Details

  • 5,950 Sq Ft Lot

Property Views

  • Water
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,946 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434309050400170
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Northwood Add Subdivision

Building Details

  • Operating Expense $19,482
  • Net Operating Income $76,518

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,243

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Head east on Palm Beach Lakes Blvd toward N Australian Ave, Turn right onto 25th St, turn left on Pinewood Ave, Turn right onto 32th St., destination will be on the left.
  • Year Built: 1928
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1946.0

Exterior Features

  • Exterior Features: None
  • View: Garden, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block, Wood Siding
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 74434309050400170
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 5950.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 76518.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 19482.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7243.0

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 $7,243 $305,999 -- --
2023 $6,719 $278,181 $80,660 $261,313
2022 $6,018 $252,892 $0 $0
2021 $5,556 $229,902 $40,500 $189,402
2020 $3,864 $192,478 $40,500 $151,978
2019 $3,544 $167,233 $37,800 $129,433
2018 $3,256 $177,619 $26,616 $151,003
2017 $2,739 $124,716 $15,209 $109,507
2016 $2,554 $89,893 $0 $0
2015 $2,273 $81,721 $0 $0
2014 $2,659 $97,085 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 For Sale $699,000 0.0% $359 / Sq Ft
03/05/2025 03/05/25 Off Market $699,000 -- --
01/31/2025 01/31/25 For Sale $699,000 +1045.9% $359 / Sq Ft
01/30/2014 01/30/14 Sold $61,000 -33.7% $27 / Sq Ft
12/31/2013 12/31/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $92,000 -- $40 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Special Warranty Deed $61,000 Landcastle Title Llc
Trustee Deed $62,500 None Available
Warranty Deed $219,000 First American Title Ins Co
Interfamily Deed Transfer -- --
Warranty Deed $158,000 First American Title Ins Co
Warranty Deed $60,000 --
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,200 Fannie Mae Freddie Mac
Previous Owner $142,200 Purchase Money Mortgage
Previous Owner $127,500 Unknown
Previous Owner $110,500 Unknown
Previous Owner $72,750 New Conventional
Previous Owner $48,000 New Conventional
Closed $7,900 No Value Available
Source: Public Records

Source: BeachesMLS

MLS Number: R11057611

BeachesMLS

APN: 74-43-43-09-05-040-0170