731 46th St West Palm Beach, FL 33407
Northwood Legacy NeighborhoodEstimated payment $5,783/month
Highlights
- 10,532 Sq Ft lot
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Room in yard for a pool
- Tile Flooring
- 2-minute walk to Fogleman Park
About This Home
Excellent opportunity to invest in a well-maintained multifamily property. This property includes 2 structures with 3 units in the front building & 2 units in the rear building. The lot is 100 X 105 & includes an undeveloped side yard, a coin operated washer/dryer plus 2 units with built-in washer/dryers. All rents include power, water and gas. All units are currently occupied ensuring an immediate income stream for prospective buyers. conveniently located to downtown, shopping and more.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,100
Year Built
- Built in 1925
Home Design
- Frame Construction
- Composition Roof
Interior Spaces
- 2,636 Sq Ft Home
- 2-Story Property
- Tile Flooring
Schools
- West Riviera Elementary School
- John F. Kennedy Middle School
- Palm Beach Lakes High School
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Cable TV Available
Additional Features
- Room in yard for a pool
- 10,532 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 74434304050250390
Community Details
Overview
- 4 Units
- North Palm Bch 2 Subdivision
Building Details
- Operating Expense $27,852
- Net Operating Income $82,548
Map
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 | $6,100 | $170,471 | -- | -- |
| 2023 | $6,244 | $154,974 | $129,794 | $342,812 |
| 2022 | $5,565 | $140,885 | $0 | $0 |
| 2021 | $4,957 | $304,069 | $56,000 | $248,069 |
| 2020 | $5,099 | $342,941 | $90,000 | $252,941 |
| 2019 | $4,604 | $285,866 | $80,000 | $205,866 |
| 2018 | $3,691 | $224,315 | $43,454 | $180,861 |
| 2017 | $3,292 | $192,043 | $22,871 | $169,172 |
| 2016 | $3,150 | $79,525 | $0 | $0 |
| 2015 | $2,953 | $72,295 | $0 | $0 |
| 2014 | $2,864 | $65,723 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | Price Changed | $945,000 | -5.0% | $358 / Sq Ft |
| 02/05/2025 02/05/25 | For Sale | $995,000 | -- | $377 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $185,000 | Standard Title Insurance Age | |
| Warranty Deed | $175,000 | Clarion Title Company | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $78,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,000 | Credit Line Revolving | |
| Previous Owner | $131,250 | Balloon | |
| Previous Owner | $80,500 | New Conventional | |
| Previous Owner | $62,000 | Purchase Money Mortgage |
Source: BeachesMLS
MLS Number: R11059294
APN: 74-43-43-04-05-025-0390
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