$48,015
West Palm Beach, FL 33404
MLS# R3115170
Status: Closed
2068 sqft
1 / 16
Property Description
Looking for an experienced real estate investor familiar with the Riviera Beach rental market. These 4 units are a great value at only about $12,500 each and have almost immediate cash flow possibility. The previous owner put money in these rentals so they have mainly modern set-ups. The exterior of the property is is good condition so the main work to get these ready to go is on the inside. The front building was built in 1926; the back building was added in 1965 and is CBS construction. This property has a CG Zoning designation so this one might be a good one to hold onto for the long run for other future use potential.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2010-06-01
Status: Closed
Original List Price: 49500
Sold Price: $48,015
Current Price: $48,015
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Zip: 33404
Geographic Area: PB26
Special Assessment YN: No
Country: United States
Street Number: 45
Street Direction Prefix: W
Street Name: 16th
Street Suffix: Street
State Or Province: FL
Postal Code: 33404
Subdivision Name: Inlet Grove
Area: 5280
Parcel Number: 56434233040050160
Zoning: CG
Directions: Blue Heron E to Broadway(US1)/ S on US1/ W on 16th St./ Prop on S side
General Property Information
Number Of Units Total: 4
Living Area Main: 2068
Lot Size Dimensions: 6537 sq. ft.
Senior Community YN: No
Stories: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 2068
Year Built: 1926
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2010-06-28T23:40:00Z
Major Change Type: Contingency
Status Change Date: 2010-10-05
Under Contract Date: 2010-09-17
Close Date: 2010-10-01
Close Price: 48015
Association Amenities
None: 1
Flooring
Ceramic Tile: 1
Vinyl: 1
Other: 1
Special Information
Handyman Special: 1
Sold As-Is: 1
Corporate Owned: 1
Documents Available
None: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Electricity: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Sewer Available: 1
Water Available: 1
View
Other: 1
Heating
Central Individual: 1
None: 1
Other: 1
Water Access
None: 1
Construction Materials
CBS: 1
Frame: 1
Stucco: 1
Listing Terms
Cash: 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 0
Gross Income: 0
Source Of Expenses
Other: 1
Cooling
Central Individual: 1
None: 1
Showing Requirements
Lockbox: 1
Schedule Online: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Contingencies
Inspection: 1
Unit 1 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 608
Unit 1 Interior Features
Stack Bedroom: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Foyer: 1
Kitchen: 1
Unit 2 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 500
Unit 2 Interior Features
Stack Bedroom: 1
Unit 2 Parking Features
Open Parking: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 480
Unit 3 Parking Features
Open Parking: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 480
Unit 4 Parking Features
Open Parking: 1
Unit 4 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 23.21
Original List Price To Close Price: 1.03
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 3485
Tax Year: 2009
Tax Legal Description: Inlet Grove Lot:16 Blk:5 Lot SqFt:6537 Frontage:50 Depth:129
Originating Details
Originating System Key: 20130214044544451976000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: None
Fencing: Fenced
Flooring: Ceramic Tile; Vinyl; Other
Tenant Pays: Electricity
Source Of Expenses: Other
Construction Materials: CBS; Frame; Stucco
Cooling: Central Individual; None
Heating: Central Individual; None; Other
Listing Terms: Cash
Possession: Negotiable
Restrictions: No Restrictions
Roof: Composition
Sewer: Public Sewer
Special Information: Handyman Special; Sold As-Is; Corporate Owned
Tax Information: City/County
Utilities: Sewer Available; Water Available
View: Other
Water Access: None
Water Source: Public
Showing Requirements: Lockbox; Schedule Online
Unit 1 Interior Features: Stack Bedroom
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Foyer; Kitchen
Unit 2 Interior Features: Stack Bedroom
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Kitchen
Unit 3 Parking Features: Open Parking
Unit 3 Rooms: Kitchen
Unit 4 Parking Features: Open Parking
Unit 4 Rooms: Kitchen
Contingencies: Inspection
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Coldwell Banker/WPB
Last Updated: August - 06 - 2026
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