$1,875,000
North Palm Beach, FL 33408
MLS# RX-10967680
3224 sqft
1 / 24
Property Description
Incredible double duplex multifamily opportunity down the street from the under construction Ritz Carlton Residences and the PGA Blvd corridor in Palm Beach Gardens. The parcel itself consists of 4 amazing units on .56 acres of unincorporated Palm Beach County. Each unit is a renovated 2 bedroom, 1 bathroom, with private laundry and patio spaces. With limitless potential and fantastic rentability, this is truly an amazing property offering phenomenal long term value insulation. Whether the desire exists to continue running as a successful vacation rental or to plan for redevelopment, this location is untapped in its potential and every amenity imaginable is within one's fingertips, from championship golf courses, fine dining, incredible waterways and world class beaches.
Details
Maps
Contract Information
Listing Date: 2024-03-11
Status: Active
Original List Price: 1950000
Auction: No
List Price: $1,875,000
Current Price: $1,875,000
List Price/SqFt: 581.57
Comm/Non-Rep: 2.5%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Quad Plex
Structure Type: Quadruplex
Property Condition: Resale
Year Built: 1973
Number of Stories: 1
SqFt - Total: 4064
SqFt - Living: 3224
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Directions: PGA Blvd to Ellison Willson, north on Ellison Wilson to Seder Lane (on the right)
Subdivision: Juno Ridge
Development Name: Juno Ridge
Waterfront: No
Private Pool: No
Pets on Premises: No
Separate Elec Meters: Yes
Separate Wtr Meters: No
Location, Tax & Legal
Area: 5220
Geo Area: PB28
Country: United States
County: Palm Beach
Parcel ID: 00434204000003262
Street #: 1750
Street Name: Seder
Street Suffix: Lane
State/Province: FL
Zip Code: 33408
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Legal Desc: 4-42-43, WLY 250 FT OF ELY 937.14 FT OF NLY 100 FT OF S 700 FT OF NW 1/4 LYG W OF US HWY 1
Zoning: RH/MULTI-FAMILY
Tax Year: 2023
Taxes: 12693
Geo Lat: 26.846084
Geo Lon: -80.063258
Office/Member Info
DXORIGMLNO: RX-10967680
DXORIGMLSID: RML
Unit 1 Info
Bedrooms: 2
Full Bath: 1
Furnished: Yes
SqFt: 806
Monthly Income: 3200
Unit 2 Info
Bedrooms: 2
Full Bath: 1
Furnished: Yes
SqFt: 806
Monthly Income: 3200
Unit 3 Info
Bedrooms: 2
Full Bath: 1
Furnished: Yes
SqFt: 806
Monthly Income: 3200
Unit 4 Info
Bedrooms: 2
Full Bath: 1
Furnished: Yes
SqFt: 806
Monthly Income: 3200
Income & Expenses
Gross Operating Inc: 155000
Annual Total Expense: 86500
Annual Net Oper Inc: 68500
Storm Protection
Impact Glass: Complete
Property Features
Source of Expenses: Owner
Construction: Block; CBS; Concrete
Waterfront Details: None
View: Garden
Unit 1 Desc: A/C Unit; Dishwasher; Dryer; Electric Meter; Laundry; Microwave; Range - Electric; Refrigerator; Washer; Den/Family; Patio
Unit 1 Parking: Open Parking
Unit 2 Desc: A/C Unit; Dishwasher; Dryer; Electric Meter; Kitchen; Laundry; Microwave; Range - Electric; Refrigerator; Washer; Den/Family; Patio
Unit 2 Parking: Open Parking
Unit 3 Desc: A/C Unit; Dishwasher; Dryer; Electric Meter; Kitchen; Laundry; Microwave; Range - Electric; Refrigerator; Washer; Patio
Unit 3 Parking: Open Parking
Unit 4 Desc: A/C Unit; Dishwasher; Dryer; Electric Meter; Kitchen; Laundry; Microwave; Range - Electric; Refrigerator; Washer; Den/Family; Patio
Unit 4 Parking: Open Parking
Lot Description: 1/2 to < 1 Acre; Paved Road; Private Road
Exterior Features: Auto Sprinkler; Covered Patio; Well Sprinkler
Subdiv. Amenities: Bike - Jog; Park
Tenant Pays: None
Restrict: None
Flooring: Tile
Cooling: Electric; Other
Heating: Electric; Other
Roof: Comp Shingle
Terms Considered: Cash; Conventional; VA
Utilities: Cable; Septic; Well Water
Window Treatments: Impact Glass
Taxes: County Only
Avail Info: Accounting; Other
Possession: At Closing; Funding
Showing Instructions: Text Listing Agent
Listing Office: Illustrated Properties LLC (Co
Last Updated: April - 12 - 2024
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