- 5
- Bedrooms
- 3/0
- Full/Half Baths
- 1,700
- SQ. Feet
- 0
- Garage
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. Units 1 and 2 are currently tenant-occupied, with Unit 3 vacant and ready for immediate occupancy.Monthly Income:Unit 1 - $2,100Unit 2 - $1,450Unit 3 - $1,000-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.
Property Map
Basic Info
- Status: Active
- Status_Change_Date: 2024-09-09
- MLS: RX-11019438
- Price: $525,000
- Bedrooms: 5
- BathsFull: 3
- PrivatePool: No
- SqFtLiving: 1700
- SqFtTotal: 1700
- Year Built: 1926
- Taxes: 3013
- Subdivision: NORTH PALM BEACH
Property Details
- Waterfront_Desc: None
- Type: Single Family Detached
- 55+?: No Hopa
- VIRTUAL_TOUR: https://www.propertypanorama.com/702-50th-Street-West-Palm-Beach-FL-33407/unbranded
- Property Type: A
- TaxYear: 2023
- Waterfront: No
- PetsAllowed: No
Exterior Features
- LotSqFt: 5171
- Front_Exp: West
- TotalStories: 1
- Zoning: SF7(ci
Association Info
- Governing_Bodies: None
- Address: 702 50th Street
- Homeowners_Assoc: None
- Membership_Equity: No
Interior Features
- LIST_1: 20240909180841440107000000
School Information
Other Information
- State: FL
- Parcel_ID: 74434304080570250
- Area: 5420
- Legal_Desc: NORTH PALM BEACH PLAT 4 LTS 25 & 26 BLK 57
- List_Number_Main: 11019438
- Geo_Area: PB20
- Street_Name: 50th
- StreetNumber: 702
- longitude: -80.057800
- County: Palm Beach
- City: West Palm Beach
- latitude: 26.756554
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All real estate advertised herein is subject to the "Federal Fair Housing Act", which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
This information contained herein is deemed reliable, but not guaranteed. The Buyer is responsible for verifying all information. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is updated on a daily basis however some properties which appear for sale on this web site may subsequently have sold and/or may no longer be available.
This Information was updated 2024-09-21 09:44:31.
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