Home » West Palm Beach » 702 50th Street, West Palm Beach, FL 33407 | R11019438/RX-11019438

For Sale 702 50th Street, West Palm Beach, FL 33407

$525,000
closed for a price of $480,000

Property Highlights

Listing ID R11019438/RX-11019438 Status of this Listing: Closed Sold Property Type Residential Single Family House 4 Bedrooms 3 Bathrooms Total 3 Full Bath Living Space 1,700 Sqft/157.94 m2 approx. Building Area 1,700 Sqft/157.94 m2 approx. Lot area 5,171 Sqft/480.40 m2 approx. Year Built 1926 Time of this property from published date until Closing Date 78 Days

702 50th Street, West Palm Beach, FL 33407

Property Description: Introducing a rare opportunity to own a Spanish-style detached triplex in the sought-after area of West Palm Beach. This investment gem offers a current cap rate of 8.61%, making it an attractive option for those looking to enhance their real estate portfolio.Property Highlights:-Three separate rental units present a steady income stream. Unit 1 will be empty by the end of Oct 2024. Unit 2 has a year lease until Sep 2025. Unit 3 has a 6 month lease, until end of March 2025.Monthly Income:Unit 1- $2,100 (expires 10/31/25)Unit 2- $1,450 (9/1/25)Unit 3- $900 (3/31/25)-Built on a 50 x 105 lot, this property showcases classic stucco exterior walls with a durable built-up roof, ensuring long-lasting quality and minimal maintenance.

Residential Single Family House Sold located at 702 50th Street West Palm Beach FL 33407 in Palm Beach referenced as ID MLS # R11019438. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:No Contingencies
Original List Price:$525,000
Close Price:$480,000

Land Lot (Parcel) Details

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

Construction

Year Built Details:
  • Resale
Property Condition:
  • Resale
Construction Materials:
  • Frame
Flooring:
  • Wood
  • Ceramic Tile
Number of stories:1

Property Features

Waterfront:No
Furnished:
  • Unfurnished
Air Conditioning:Yes
Air Conditioning System:
  • Ceiling Fan(s)
  • Wall/window Unit(s)
  • Electric

Taxes and Expenses

Tax Annual Amount:$3,013

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

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Va
Lease Considered:No

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Other
Subdivision Name:NORTH PALM BEACH
Community Features:
  • Non-gated
Complex Name:NORTH PALM BEACH
Senior Community:No
Restrictions:No Restrictions

Parking

Garage Spaces:0
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Sewer Available
  • Water Available
Water Source:
  • Public

More Details

Other Information:
Housing Older Persons ActNo HOPA
Data exchange original Listing NumberRX-11019438
Type of Governing BodiesNo Governing Body
Ref1086379572

Zoning and Legal

Tax Legal Description:NORTH PALM BEACH PLAT 4 LTS 25 & 26 BLK 57
Real Estate Folio Number (Parcel Number):74434304080570250
Zoning Description:SF7(ci

Listing History

Update/EventDate/Days
Published Date:September 9, 2024 2:32 pm
On Market Date:September 9, 2024
Listing Contract Date:September 9, 2024
Contingent Date:October 9, 2024
Close Date:November 26, 2024
Last Important Update Description:Closed
Date and Time of Last Important Update:November 26, 2024 10:48 am
Status Last Changed:November 26, 2024 12:00 am
Photos Last Modified:October 16, 2024 1:42 pm
Last Modified:November 27, 2024 5:32 pm
Days on the Market Reference Date:November 27, 2024
Days on the Market (updated on Last Modified*):30
Cumulative Days on the Market (updated on Last Modified**):30

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot, 1/4 Acre Or Less
Number of Photos:34
Location:,
Included:,,
Geographical Area:Palm Beach 5420; 5430; 5440
Area:5420
Automated Valuation Display:Yes
Courtesy of:Keller Williams Realty/P B
Universal Property Id:US-12099-N-74434304080570250-R-N

Location

Show Property Address:Yes
Street Name:50th Street
Street Number:702
Street Address:702 50th Street
City : West Palm Beach
State : Florida
Zip Code : 33407
County : Palm Beach
Full Address:702 50th Street, West Palm Beach, FL 33407
Latitude:N26° 45' 23.6''
Longitude:W81° 56' 31.9''

Neighborhood

Postal City:West Palm Beach

Property Map

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