$665,000
SOLD MAR 11, 2025
-- Bed
-- Bath
3,476 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

5% Below List Price

120 Days on Market

Highlights

  • Porch
  • Open Patio
  • Fenced
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • 4-minute walk to Heart & Soul Park

About This Home

As of March 2025

Discover this beautifully unique gem located in the heart of West Palm Beach. Built in 1935, 5-bedroom, 2-bathroom single family home plus a triplex building in the backyard with a 1 bedroom and bath, Studio and one bath and a 2 bedroom on one bath apartments. Roofs for both buildings were replaced in 2018. All units have electric meter and one water meter for each building.Situated just minutes from downtown West Palm Beach and the bright line this property offers easy access to Clematis Street, palm beach outlets and a variety of local dining and entertainment options. Its prime location in an up-and-coming area presents excellent investment potential, whether you're looking for long-term appreciation or rental income.

Last Agent to Sell the Property

Gustavo Cepeda

Highlight Realty Corp/LW License #3322766

Highlight Realty Corp/LW

Last Buyer's Agent

Gaetjen Jerome, Realtor

LoKation License #3463213

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,625

Year Built

  • Built in 1935

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,476 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Outdoor Features

  • Open Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434316010030090

Community Details

Overview

  • 4 Units
  • Freshwater Add To Wpb Subdivision

Building Details

  • Operating Expense $22,680
  • Net Operating Income $52,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,625

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: PALM BEACH LAKES E TO TAMARIND TO 7TH ST
  • Year Built: 1935
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 3476.0

Exterior Features

  • Exterior Features: Fence, Porch, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Frame
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas 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 #: 74434316010030090
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: NWD-R(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 52920.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 22680.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6625.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Sold $665,000 -4.9% $191 / Sq Ft
11/11/2024 11/11/24 For Sale $699,500 +225.3% $201 / Sq Ft
08/17/2018 08/17/18 Sold $215,000 -13.7% $62 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
07/08/2018 07/08/18 For Sale $249,000 +31.1% $72 / Sq Ft
09/29/2017 09/29/17 Sold $190,000 -28.3% $55 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
10/17/2016 10/17/16 For Sale $265,000 -- $76 / Sq Ft
Source: BeachesMLS

Source: BeachesMLS

MLS Number: R11036177

BeachesMLS

APN: 74-43-43-16-01-003-0090