645 32nd St West Palm Beach, FL 33407
Northwood Pines NeighborhoodEstimated payment $3,713/month
Total Views
2,683
--
Bed
--
Bath
1,554
Sq Ft
$385
Price per Sq Ft
Highlights
- Cooling System Mounted To A Wall/Window
- Central Heating
- Wood Siding
- Tile Flooring
About This Home
Investors opportunity is knocking at the door. This property features three fully leased units on flexible month-to-month terms, offering a fantastic cash flow opportunity. Located in the vibrant heart of West Palm Beach, it's just minutes from downtown, the railway station, the supermarket, and top-rated schools. This prime location ensures convenience and strong returns.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,428
Year Built
- Built in 1952
Lot Details
- 6,995 Sq Ft Lot
Home Design
- Triplex
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 1,554 Sq Ft Home
- 1-Story Property
- Tile Flooring
Schools
- Northmore Elementary School
- Roosevelt Community Middle School
- Palm Beach Lakes High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 74434309050400150
- Seller Considering Concessions
Community Details
Overview
- 3 Units
- Northwood Add Subdivision
Building Details
- Operating Expense $11,627
- Net Operating Income $47,173
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 | $4,428 | $152,000 | -- | -- |
| 2023 | $4,078 | $138,182 | $94,810 | $171,090 |
| 2022 | $3,615 | $125,620 | $0 | $0 |
| 2021 | $3,283 | $173,527 | $34,500 | $139,027 |
| 2020 | $3,055 | $158,630 | $34,500 | $124,130 |
| 2019 | $2,873 | $148,054 | $32,200 | $115,854 |
| 2018 | $2,219 | $95,990 | $23,280 | $72,710 |
| 2017 | $2,013 | $86,194 | $17,908 | $68,286 |
| 2016 | $1,898 | $70,909 | $0 | $0 |
| 2015 | $1,730 | $64,463 | $0 | $0 |
| 2014 | -- | $62,437 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2025 01/29/25 | For Sale | $599,000 | +677.9% | $385 / Sq Ft |
| 06/17/2014 06/17/14 | Sold | $77,000 | -33.0% | $50 / Sq Ft |
| 05/18/2014 05/18/14 | Pending | -- | -- | -- |
| 09/06/2013 09/06/13 | For Sale | $115,000 | -- | $74 / Sq Ft |
Source: BeachesMLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $77,000 | Attorney | |
| Trustee Deed | -- | Attorney | |
| Trustee Deed | $34,700 | None Available | |
| Warranty Deed | $75,000 | Flagler Title Company | |
| Warranty Deed | $83,000 | -- | |
| Warranty Deed | $42,000 | -- | |
| Warranty Deed | $37,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $194,700 | Credit Line Revolving | |
| Previous Owner | $60,000 | No Value Available | |
| Previous Owner | $74,700 | New Conventional | |
| Previous Owner | $38,000 | Balloon | |
| Previous Owner | $32,500 | No Value Available | |
| Closed | $8,000 | No Value Available |
Source: Public Records
Similar Home in West Palm Beach, FL
Source: BeachesMLS
MLS Number: R11057155
APN: 74-43-43-09-05-040-0150
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