$487,500
West Palm Beach, FL 33417
MLS# R10883250
Status: Closed
1898 sqft
1 / 25
Property Description
Don't miss out! Great investment opportunity in West Palm Beach! This duplex features two spacious units, each with 2 bedrooms and 1 bathroom. Similar units in the immediate area are currently generating a combined rental income of $3,800 per month. The property has a newer roof and has been well-maintained. Each unit has its own private entrance, as well as a large living room, dining area, and kitchen. The bedrooms are spacious and have plenty of closet space. The property is situated on a large lot with a fenced backyard and plenty of parking. West Palm Beach is a desirable location with a strong rental market, making this property a great investment opportunity. Don't miss out on this chance to add a solid income-producing property to your portfolio.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2023-04-17
Status: Closed
Original List Price: 549900
Sold Price: $487,500
Current Price: $487,500
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Zip: 33417
Geographic Area: PB22
Country: United States
Street Number: 1638
Street Name: Citation
Street Suffix: Drive
State Or Province: FL
Postal Code: 33417
Subdivision Name: PLANTATION VILLAGE UNREC ON AM-8
Area: 5500
Elementary School: Wynnebrook
Middle Or Junior School: Jeaga
High School: Royal Palm Beach
Parcel Number: 00424326040050120
Zoning: RM
Directions: Take Okeechobee east of turnpike to Drexel (right) to Elmhurst (left), Meridian (right), Whitehall (left) and Citation (left)...Or use GPS for best directions.
General Property Information
Number Of Units Total: 2
Living Area Main: 1800
Lot Size Dimensions: 85.0 ft x 117.0 ft
Gated Community YN: No
Lot Size Area: 9945
Senior Community YN: No
Stories: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 1898
Building Area Source: Public Records
Year Built: 1979
Lot Size Acres: 0.23
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2023-09-06T20:15:36Z
Major Change Type: Status Change
Price Change Timestamp: 2023-07-10T14:38:15Z
Status Change Date: 2023-09-06
Under Contract Date: 2023-07-17
Close Date: 2023-09-06
Close Price: 487500
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Other: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Structure Type
Duplex: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Insurance: 1
Water: 1
Other Structures
Shed(s): 1
Possession
Close Of Escrow: 1
Negotiable: 1
Utilities
Cable Available: 1
Water Available: 1
View
Garden: 1
Heating
Central: 1
Water Access
None: 1
Window Features
Blinds: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 3000
Gross Income: 22800
Net Operating Income: 19800
Source Of Expenses
Other: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Occupied: 1
Schedule Online: 1
Text Listing Agent: 1
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Homestead Exemption: 1
Lake Worth Drain District: 1
Contingencies
Other: 1
Unit 1 Appliances
Dishwasher: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 1900
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 900
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Unit 2 Appliances
Dishwasher: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 1900
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 900
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Features
Open Parking: 1
Unit 2 Rooms
Family Room: 1
Kitchen: 1
Price Calculations
Current Price To SqFt: 270.83
Original List Price To Close Price: 1.12
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 3366.39
Tax Year: 2022
Tax Legal Description: PLANTATION VILLAGE LT 12 BLK 5
Originating Details
Originating System Key: 20230410194121043392000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Other
Electric: Three Phase
Flooring: Ceramic Tile
Property Condition: Resale
Structure Type: Duplex
Tenant Pays: Cable TV; Electricity; Insurance; Water
Source Of Expenses: Other
Construction Materials: CBS
Cooling: Ceiling Fan(s); Central Air
Heating: Central
Listing Terms: Cash; Conventional
Other Structures: Shed(s)
Possession: Close Of Escrow; Negotiable
Restrictions: No Restrictions
Road Surface Type: Paved
Roof: Composition
Storm Protection Details: None
Tax Information: City/County; Homestead Exemption; Lake Worth Drain District
Utilities: Cable Available; Water Available
View: Garden
Water Access: None
Water Source: Public
Window Features: Blinds
Showing Requirements: Appointment Only; Call Listing Agent; Occupied; Schedule Online; Text Listing Agent
Unit 1 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Family Room; Kitchen
Unit 2 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Family Room; Kitchen
Contingencies: Other
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: RE/MAX Prestige Realty/Wellington
Last Updated: August - 06 - 2026
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