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$75,000
215 Silver Beach Road
Lake Park, FL 33403
MLS# R3132086
Status: Closed
1357 sqft


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Property Description
This is a 3/2 Single Family Home with a legal fully equiped efficiency in the the rear. Seperate Electric Meters. Currently Both units vacant. Previous renters paid $1,250 for front home and $450 for efficiency. Also listed in MLS under SF Dwelling. Front home is a single family CBS home. Split floor plan. 3 bedroom and 2 full baths. Carpet in bedrooms and beautiful wood flooring in living room. This unit was rented for $1,250 per month yet owner wanted to keep this vacant to allow new owners to obtain his/her own tenant. Estimated age of roof and A/C is 3-5 years old. A seperate free standing CBS efficiency is in rear of property. Fully equiped kitchen and bath. This unit was renting for $425 per month. An investor would have an exceptional cash flow ... (see supplement for full remarks)

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2010-08-10
Status: Closed
Original List Price: 139000
Sold Price: $75,000
Current Price: $75,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Park
Postal Zip: 33403
Geographic Area: PB26
Country: United States
Street Number: 215
Street Name: Silver Beach
Street Suffix: Road
State Or Province: FL
Postal Code: 33403
Subdivision Name: Kelsey City
Area: 5270
Parcel Number: 36434220010710490
Zoning: R2
Directions: Just West Of Broadway on Lake Park Side Of Silver Beach
General Property Information
Number Of Units Total: 2
Living Area Main: 1357
Lot Size Dimensions: 100 x 75
Senior Community YN: No
Stories: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 1357
Year Built: 1951
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2011-12-16T21:25:00Z
Major Change Type: Contingency
Price Change Timestamp: 2011-11-19T22:21:00Z
Status Change Date: 2012-02-06
Under Contract Date: 2011-12-10
Close Date: 2012-02-06
Close Price: 75000
Association Amenities
None: 1
Flooring
Carpet: 1
Wood: 1
Property Condition
Resale: 1
Documents Available
None: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Cable TV: 1
Electricity: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Sewer Available: 1
Water Available: 1
Heating
Other: 1
Water Access
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Lot Features
Fruit Tree(s): 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 720
Gross Income: 19800
Net Operating Income: 19080
Source Of Expenses
Owner Provided: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Contingencies
Close of Other Property: 1
Other: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 1200
Baths Full: 2
Beds Total: 3
Furnished: Unfurnished
SqFt: 998
Unit 1 Interior Features
Split Bedroom Plan: 1
Unit 1 Parking Features
Open Parking: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 450
Baths Full: 1
Beds Total: 1
Efficiency YN: Yes
Furnished: Unfurnished
SqFt: 359
Unit 2 Parking Features
Open Parking: 1
Unit 3 Details
Actual Rent: 0
SqFt: 0
Unit 4 Details
Actual Rent: 0
SqFt: 0
Price Calculations
Current Price To SqFt: 55.26
Original List Price To Close Price: 1.85
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 2215
Tax Year: 2010
Tax Legal Description: Kelsey City Lot:49 Blk:71 Lot SqFt:7810 Frontage: Depth:122
Originating Details
Originating System Key: 20130214044912890147000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: None
Fencing: Fenced
Flooring: Carpet; Wood
Property Condition: Resale
Tenant Pays: Cable TV; Electricity
Source Of Expenses: Owner Provided
Construction Materials: CBS
Cooling: Central Air; Wall/Window Unit(s)
Heating: Other
Listing Terms: Cash; Conventional; FHA
Lot Features: Fruit Tree(s)
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Composition
Sewer: Public Sewer
Tax Information: City/County
Utilities: Sewer Available; Water Available
Water Access: None
Water Source: Public
Unit 1 Appliances: Range; Refrigerator
Unit 1 Interior Features: Split Bedroom Plan
Unit 1 Parking Features: Open Parking
Unit 2 Appliances: Range; Refrigerator
Unit 2 Parking Features: Open Parking
Contingencies: Close of Other Property; Other
Acreage Description: Less Than 1/4 Acre Lot
Supplements
This is a 3/2 Single Family Home with a legal fully equiped efficiency in the the rear. Seperate Electric Meters. Currently Both units vacant. Previous renters paid $1,250 for front home and $450 for efficiency. Also listed in MLS under SF Dwelling.Front home is a single family CBS home. Split floor plan. 3 bedroom and 2 full baths. Carpet in bedrooms and beautiful wood flooring in living room. This unit was rented for $1,250 per month yet owner wanted to keep this vacant to allow new owners to obtain his/her own tenant. Estimated age of roof and A/C is 3-5 years old. A seperate free standing CBS efficiency is in rear of property. Fully equiped kitchen and bath. This unit was renting for $425 per month. An investor would have an exceptional cash flow on this property or an owner occupant could have a very low monthly expense when the other unit is rented out. Large fenced back yard with a mango tree. Long driveway will be shared by both units yet ample parking space is available. For boaters this is ideal. Park your boat on property and within minutes have access to Lake Park Marina, Phil Foster and many more options. City Place, Beach, Airport and transportation all within a short commute.

IDX
Listing Office: South Palm Realty

Last Updated: August - 06 - 2026

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