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Duplex Sold Private Address A11627267 in West Palm Beach

$244,900
closed for a price of $240,000

Property Highlights

Listing ID A11627267 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Duplex Living Space 1,905 Sqft/176.98 m2 approx. Building Area 2,335 Sqft/216.93 m2 approx. Year Built 1959 Under Construction Time of this property from published date until Closing Date 48 Days

About this Duplex with Listing ID A11627267

Property Description: HUGE PRICE DROP!! FIRM ON THE PRICE Great investment opportunity for savvy investors- just a few minutes from booming downtown WPB. MIXED-USE STOREFRONT AND SINGLE FAMILY IN THE BACK Currently house is rented month to month for a long-term tenant (below market value) the store is boarded up until renovation takes place. including approved plans by the city to build and renovate - owner has spent close to 50k potential gross rent after renovation completed - approx. 50k/year store access to be granted at inspection time only (after accepted offer) NEEDS FULL REMODELING - price reflect that. SERIOUS CASH BUYERS ONLY

Useful Info

Contingency:3rd Party Approval
Original List Price:$244,900
Close Price:$240,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Property Condition:
  • Under Construction
Levels:One
Flooring:
  • Tile
Stories:1
Possible Use:
  • Investment

Property Features

Waterfront:No
Roof:
  • Flat
  • Shingle
Air Conditioning System:
  • Other
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$2,484

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Tenant
Buyer Possession:
  • Other
  • Subject To Tenant Rights
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:TAMARIND PARK
Senior Community:No

Parking

Parking Total Spaces:1
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Not Available

More Details

Other Information:
Tax InformationTax Reflects No Exemptions
Flood ZoneX
Type of AssociationNone
Style Duplex
FEMA Flood Zone DesignationsX
Municipal Code74
Subdivision Number8
Buyer Country of ResidenceUnknown/Withheld

Zoning and Legal

Tax Legal Description:TAMARIND PARK LT 38
Real Estate Folio Number (Parcel Number):74434316080000380
Zoning Description:NC (city
Public Survey Township:74
Public Survey Section:16

Listing History

Update/EventDate/Days
Published Date:July 20, 2024 11:40 am
On Market Date:July 20, 2024
Close Date:September 6, 2024
Price Change Date Time:July 20, 2024 11:40 am
Last Important Update Description:Closed
Date and Time of Last Important Update:September 6, 2024 2:39 pm
Status Last Changed:September 6, 2024 2:39 pm
Photos Last Modified:July 20, 2024 4:03 pm
Last Modified:September 6, 2024 6:40 pm
Days on the Market Reference Date:September 6, 2024
Days on the Market (updated on Last Modified*):23
Cumulative Days on the Market (updated on Last Modified**):138

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:4
Location:,,Less Than 1/4 Acre Lot
Included:,,
Geographical Area:Palm Beach 5420; 5430; 5440
Area:5420
Courtesy of:The Agency Realty Corp
Universal Property Id:US-12099-N-74434316080000380-R-N

Neighborhood

Postal City:West Palm Beach