$950,000

8690 Sunset Dr Palm Beach Gardens, FL 33410

Estimated payment $6,359/month

Total Views 2,035
-- Bed
-- Bath
2,412 Sq Ft
$394 Price per Sq Ft

Highlights

  • No HOA
  • Patio
  • Central Heating and Cooling System
  • Porch
  • Tile Flooring
  • Fenced

About This Home

INCOME PRODUCING TRIPLEX, Unit #1: 2/1 $1,750.00 Lease ends 11/14/2025., Unit#2: 3/2 $2,300.00 Lease ends 07/19/2025., Unit #3: 2/1 $1,800.00 Lease ends 12/14/2025., Total monthly income $5,850.00, Gross annual income $70,200.00, long-term tenants, looking to stay and renew the leases, a new roof on both buildings in 2021, a new Septic Drain field in June 2020, new paint, some updating to kitchens and baths, plenty of parking, all with separate electric and water meters. Sold As Is with the right to inspect.

Listing Agent

Alain Tejeda

Orange Realty & Management Inc. License #3202451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,673

Year Built

  • Built in 1973

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,412 Sq Ft Home
  • 1-Story Property
  • Double Hung Metal Windows
  • Tile Flooring

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • Fenced
  • West of U.S. Route 1

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 52424224000001280

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $15,000
  • Net Operating Income $55,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,673

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Property Sub Type: Triplex
  • Architectural Style: Other
  • Directions: West on Northlake from 95. U-turn at first light (Keating ) Next right onto Sunset Dr. property is on the left
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: none
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Tile
  • Living Area: 2412
  • Stories: 1
  • Window Features: Double Hung Metal

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction, Stucco, Wood Siding
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, West Of US 1
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: none
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 52424224000001280
  • Zoning: RM (city
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Multi Family

  • Net Operating Income: 55200
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 15000
  • Total Actual Rent: 70200

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12673

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 $12,004 $536,145 -- --
2023 $12,673 $566,132 $188,100 $378,032
2022 $8,868 $324,096 $0 $0
2021 $8,118 $294,633 $89,700 $204,933
2020 $7,642 $268,189 $85,800 $182,389
2019 $6,926 $253,438 $78,000 $175,438
2018 $6,494 $245,223 $78,540 $166,683
2017 $6,310 $240,676 $71,400 $169,276
2016 $5,778 $161,465 $0 $0
2015 $3,420 $146,786 $0 $0
2014 $3,328 $139,469 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 For Sale $950,000 +35.7% $394 / Sq Ft
04/29/2022 04/29/22 Sold $700,000 +8.5% $264 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $645,000 -- $243 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $700,000 Town Title
Warranty Deed $300,000 Counselors Title Company Llc
Warranty Deed -- None Available
Warranty Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $513,000 Purchase Money Mortgage
Previous Owner $118,000 Fannie Mae Freddie Mac
Previous Owner $86,200 No Value Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11739107

MIAMI REALTORS® MLS

APN: 52-42-42-24-00-000-1280