$950,000
FL 33461
MLS# A2008932
Status: Closed
8190 sqft
1 / 9
Property Description
8.5 CAP RATE-5 NICELY SPACED DUPLEXES, 2 PARKING LOTS, RECENT ROOFS, TOTAL INTERIOR UPGRADES, CENTRA A/C'S, INDIVIDUAL WASHER & DRYER, BRICK PAVED PRIVATE BACK YARDS, ONE MILE TO DINING-ARTS-ENTERTAINMENT DISTRICT, SEPARATE WATER & ELECTRIC METERS. GREAT ALF POTENTIAL.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2014-09-22
Status: Closed
Original List Price: 1090000
Sold Price: $950,000
Current Price: $950,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Postal Code: 33461
Geographic Area: PB19
Property Description: MULTI
Country: United States
Street Number: 2309
Street Name: Lake Worth
Street Suffix: Road
State Or Province: FL
Area: 5660
Parcel Number: 00434420011130010
Zoning: MULTIFAM
Directions: FROM I-95 WEST ON LAKE WORTH ROAD. BUILDING IS ACROSS FROM LAKE OSBORNE ON NORTH SIDE. LOT RUNS ALL THE WAY TO N. 2ND AVENUE.
General Property Information
Number Of Buildings: 5
Number Of Units Total: 1
Price Per Unit: 109000
Occupant Type: Vacant
Year Built Details: Resale
Lot Size Area: 42253.2
Stories Total: 1
Property Sub Type: Multi Family
Building Area Main: 8190
Year Built: 1984
Parking Total: 20
Lot Size Acres: 0.97
Currently Not Used
Ownership Type: Corporation
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2015-01-17T01:08:18Z
Major Change Type: Status Change
Status Change Date: 2015-01-19
Under Contract Date: 2014-12-05
Close Date: 2015-01-16
Close Price: 950000
Electric
110 Volts: 1
220 Volts: 1
Separate Meters: 1
Flooring
Tile: 1
Parking Features
Common: 1
Free: 1
Property Condition
Resale: 1
Documents Available
Aerial Photo(s): 1
Photos: 1
Meter Information
Number Of Meters Total: 11
Tenant Pays
Electricity: 1
Interior Electric: 1
Maintenance: 1
Sewer: 1
Trash Collection: 1
Water: 1
Location of Property
County Location: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Special Information
Corporate Owned: 1
Building Features
Fenced Area: 1
Heating
Electric: 1
Sale Includes
Building: 1
Furniture: 1
Land: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Road Frontage Type
County Road: 1
Roof
Shingle: 1
Security Features
Fire Alarm: 1
Security Fence: 1
Water Source
Public: 1
Income and Expenses
Inc/Exp Statement Period: 12 MONTHS
Total Expenses: 24057
Gross Scheduled Income: 116400
Net Operating Income: 92343
Source Of Expenses
Pro Forma: 1
Description of Unit Type 1
Units Total: 10
Cooling
Central Individual: 1
Showing Requirements
Call Listing Agent: 1
Buyer Details
Intended Use: Investment
Concessions
Seller Concessions: No
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 10862
Tax Year: 2014
Tax Legal Description: MODEL LAND CO E 66 FT OF TR 113 (LESS S 25 2 5 FT SR 802 R/W)
Originating Details
Originating System Key: 80177409
Originating System ID: M00000151
Property Features
Building Features: Fenced Area
Documents Available: Aerial Photo(s)
Electric: 110 Volts; 220 Volts; Separate Meters
Flooring: Tile
Heating: Electric
Location of Property: County Location
Parking Features: Common; Free
Possession: Negotiable
Property Condition: Resale
Sale Includes: Building; Furniture; Land
Source Of Expenses: Pro Forma
Tenant Pays: Electricity; Interior Electric; Maintenance; Sewer; Trash Collection; Water
Construction Materials: CBS
Cooling: Central Individual
Listing Terms: Cash; Conventional; Other
Road Frontage Type: County Road
Roof: Shingle
Security Features: Fire Alarm; Security Fence
Sewer: Public Sewer
Special Information: Corporate Owned
Water Source: Public
Showing Requirements: Call Listing Agent
Acreage Description: 1/2 To Less Than 1 Acre Lot
BROKER'S FORMS 
Listing Office: Capital Commercial R.E. Group
Last Updated: November - 15 - 2026
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