$1,600,000

Estimated payment $9,532/month

Total Views 2,964
-- Bed
-- Bath
4,962 Sq Ft
$322 Price per Sq Ft

Highlights

  • Concrete Pool
  • Canal View
  • Balcony
  • Golden Grove Elementary School Rated A-
  • Fruit Trees
  • Porch

About This Home

Investment house with $8300 per moth Rental income. House consists of 3 separate Rental areas with each having separate entrances. The main House rental of $4300 / mth, have 5 bedrooms, 2.5 bathrooms, Kitchen, Living room, Dining room and Family room plus a swimming pool. The 2nd area rental of $2500 / mth, have 2 Bedrooms, 1 Bathroom, Kitchen and Living / Dining room combo. The 3rd area rental of $1500 / mth, have 1 Bedroom, 1 Bathroom and Kitchen. Total Rental income $8,300. Potential Rental income could be $10,000 / month if the main house is rented for $6500 / mth. The 5 Bedroom is fully furnished and could return to previously a AirBNB, with annual income of over $52,000 plus the 2 B/R $2500 and B/R $1500. Large 1.25 acre lot with 8 space parking.

Listing Agent

Bertie Lopez

Seawinds Realty License #3075833

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,220

Year Built

  • Built in 2006

Lot Details

  • 1.25 Acre Lot
  • Fruit Trees

Home Design

  • Triplex
  • Concrete Roof

Interior Spaces

  • 4,962 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Canal Views

Pool

  • Concrete Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Schools

  • H. L. Johnson Elementary School
  • Crestwood Middle School
  • Royal Palm Beach High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00414235000007130

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $65,000
  • Net Operating Income $99,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,220

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Okeechobee Blvd or Southern Blvd west to Royal Palm Beach Blvd. Go 6 miles north. House on west side. From North Lake Blvd go west to Coconut Blvd south. Continue 4 miles to house on west side.
  • Year Built: 2006
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 4962.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Fruit Trees, Porch
  • View: Canal, Other, Water
  • Pool Features: Concrete, Fenced, Other, Pool
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Porch
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • 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

Schools

  • Elementary School: H. L. Johnson
  • High School: Royal Palm Beach
  • Middle Or Junior School: Crestwood

Lot Info

  • Parcel #: 00414235000007130
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 54450.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 99600.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 65000.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7220.0

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 $7,371 $386,505 -- --
2023 $7,220 $375,248 $0 $0
2022 $6,978 $364,318 $0 $0
2021 $6,724 $353,707 $0 $0
2020 $6,622 $348,823 $0 $0
2019 $6,553 $340,980 $0 $0
2018 $6,241 $334,622 $0 $0
2017 $6,079 $327,739 $0 $0
2016 $6,108 $320,998 $0 $0
2015 $6,188 $318,767 $0 $0
2014 $6,170 $316,237 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Rent $4,500 +200.0% --
04/16/2025 04/16/25 Rented $1,500 0.0% --
03/20/2025 03/20/25 Price Changed $1,500 -6.3% $3 / Sq Ft
02/26/2025 02/26/25 For Rent $1,600 0.0% --
02/10/2025 02/10/25 For Sale $1,600,000 0.0% $322 / Sq Ft
12/05/2024 12/05/24 For Sale $1,600,000 0.0% $322 / Sq Ft
12/03/2024 12/03/24 Off Market $1,600,000 -- --
12/01/2024 12/01/24 For Sale $1,600,000 0.0% $322 / Sq Ft
03/01/2024 03/01/24 Rented $4,700 +4.4% --
03/01/2024 03/01/24 Price Changed $4,500 +246.2% $1 / Sq Ft
02/27/2024 02/27/24 Under Contract -- -- --
02/26/2024 02/26/24 Price Changed $1,300 -69.8% $0 / Sq Ft
02/08/2024 02/08/24 Price Changed $4,300 -6.5% $1 / Sq Ft
01/08/2024 01/08/24 Price Changed $4,600 -6.1% $1 / Sq Ft
12/12/2023 12/12/23 For Rent $4,900 +4.3% --
08/01/2023 08/01/23 Rented $4,700 0.0% --
07/24/2023 07/24/23 Under Contract -- -- --
07/17/2023 07/17/23 For Rent $4,700 -6.0% --
11/29/2022 11/29/22 Rented $5,000 +2.0% --
11/02/2022 11/02/22 Price Changed $4,900 -18.3% $1 / Sq Ft
10/09/2022 10/09/22 Price Changed $6,000 -20.0% $1 / Sq Ft
07/07/2022 07/07/22 For Rent $7,500 +581.8% --
03/05/2021 03/05/21 For Rent $1,100 0.0% --
03/05/2021 03/05/21 Rented $1,100 +4.8% --
05/02/2020 05/02/20 For Rent $1,050 0.0% --
05/02/2020 05/02/20 Rented $1,050 -27.6% --
12/06/2018 12/06/18 For Rent $1,450 0.0% --
12/06/2018 12/06/18 Rented $1,450 -- --
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Corporate Deed $740,000 B D R Title Corporation
Warranty Deed $45,000 B D R Title
Quit Claim Deed -- B D R Title Corp
Warranty Deed $15,000 --
Warranty Deed $7,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $555,000 Purchase Money Mortgage
Source: Public Records

Source: BeachesMLS

MLS Number: R11041838

BeachesMLS

APN: 00-41-42-35-00-000-7130