$855,000
Palm Springs, FL 33461
MLS# R10751219
Status: Closed
6583 sqft
1 / 52
Property Description
Outstanding multifamily investment opportunity. Enjoy 100% occupancy from day one. Each unit has been immaculately kept as illustrated in the photos. This opportunity includes 3 sperate duplexes which are nicely position on a 27,790 square foot lot. The property comes complete with 15 parking spaces, hurricane panels and each of the 6 units have separate electric & water meters. The irrigation system has been updated and runs on well water. Four units have 2019 or newer AC system and water heaters. Each units include it's own private large outdoor space. Unit numbers include 3838, 3840, 3842, 3844, 3846, & 3848 7th Ave N.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-10-10
Status: Closed
Original List Price: 865000
Sold Price: $855,000
Current Price: $855,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Springs
Postal Zip: 33461
Geographic Area: PB19
Multiple Offers Accepted: Yes
Street Number: 3838
Street Name: 7th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33461
Subdivision Name: KIRKVIEW
Area: 5720
Parcel Number: 70434419100000170
Zoning: RM(cit
Directions: From I95 go west on 10th ave north. Turn left on Gulfstream Rd. take 2nd right onlto 7th ave N.
General Property Information
Number Of Units Total: 6
Living Area Main: 5415
Gated Community YN: No
Lot Size Area: 27790
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 6583
Building Area Source: Public Records
Year Built: 1972
Lot Size Acres: 0.64
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2021-11-17T23:29:36Z
Major Change Type: Status Change
Status Change Date: 2021-11-17
Under Contract Date: 2021-10-12
Close Date: 2021-11-12
Close Price: 855000
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Tile: 1
Other: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Other: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Tenant Pays
Cable TV: 1
Electricity: 1
Sewer: 1
Water: 1
Other Structures
Shed(s): 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
View
Other: 1
Heating
Central Individual: 1
Electric: 1
Sprinkler Description
Auto Sprinkler: 1
Water Access
None: 1
Construction Materials
Mixed: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Composition: 1
Water Source
Public: 1
Well: 1
Income and Expenses
Annual Total Expense: 27540
Gross Income: 91800
Net Operating Income: 64260
Source Of Expenses
Owner Provided: 1
Cooling
Central Individual: 1
Electric: 1
Showing Requirements
Call Listing Agent: 1
Occupied: 1
Restrictions
No Restrictions: 1
Storm Protection
Panel Shutters: Complete
Tax Information
No Homestead: 1
Outdoor Living Spaces
Patio: 1
Porch: 1
Patio Details
Patio - Open: 1
Porch Details
Porch - Open: 1
Contingencies
Inspection: 1
Unit 1 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 1350
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 931
Unit 1 Other Equipment
Air Conditioning Unit: 1
Washer/Dryer Hookups: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Patio/Porch
Patio/Porch: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1300
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 931
Unit 2 Other Equipment
Air Conditioning Unit: 1
Washer/Dryer Hookups: 1
Unit 2 Parking Features
Open Parking: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1300
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 888
Unit 3 Other Equipment
Air Conditioning Unit: 1
Washer/Dryer Hookups: 1
Unit 3 Parking Features
Open Parking: 1
Unit 3 Patio/Porch
Patio/Porch: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Details
Actual Rent: 1300
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 888
Price Calculations
Current Price To SqFt: 157.89
Original List Price To Close Price: 1.01
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 10178.6
Tax Year: 2020
Tax Legal Description: KIRKVIEW LT 17
Originating Details
Originating System Key: 20211010212226020566000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Copy Of Lease(s); Other
Electric: Three Phase
Flooring: Tile; Other
Property Condition: Resale
Tenant Pays: Cable TV; Electricity; Sewer; Water
Source Of Expenses: Owner Provided
Construction Materials: Mixed
Cooling: Central Individual
Heating: Central Individual; Electric
Listing Terms: Cash; Conventional
Other Structures: Shed(s)
Possession: Negotiable
Restrictions: No Restrictions
Roof: Composition
Sewer: Public Sewer
Sprinkler Description: Auto Sprinkler
Tax Information: No Homestead
Utilities: Cable Available; Sewer Available; Water Available
View: Other
Water Access: None
Water Source: Public; Well
Showing Requirements: Call Listing Agent; Occupied
Outdoor Living Spaces: Patio; Porch
Patio Details: Patio - Open
Porch Details: Porch - Open
Unit 1 Appliances: Microwave; Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Microwave; Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Kitchen
Unit 3 Appliances: Microwave; Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups
Unit 3 Parking Features: Open Parking
Unit 3 Rooms: Kitchen
Contingencies: Inspection
Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office: The Keyes Company
Last Updated: August - 06 - 2026
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