$490,000
West Palm Beach, FL 33414
MLS# R10322539
Status: Closed
4592 sqft
1 / 9
Property Description
Great Investment Opportunity. Fully occupied 5 UNIT complex in central Palm Beach County.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2017-04-03
Status: Closed
Original List Price: 550000
Sold Price: $490,000
Current Price: $490,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Zip: 33414
Geographic Area: PB21
Street Number: 4700
Street Name: Gardenette
Street Suffix: Street
State Or Province: FL
Postal Code: 33414
Subdivision Name: N/A
Area: 5460
Parcel Number: 00424401000007141
Zoning: RM
Directions: Take Southern to Military Trail. Go south on Military Trail to Gardenette. On West Side between Gun Club and Summit.
General Property Information
Number Of Units Total: 5
Living Area Main: 4592
Lot Size Dimensions: 137.0 ft x 137.0 ft
Lot Size Area: 25602
Senior Community YN: No
Stories: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 4592
Building Area Source: Public Records
Year Built: 1978
Lot Size Acres: 0.59
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2017-06-23T13:22:22Z
Major Change Type: Status Change
Status Change Date: 2017-06-23
Under Contract Date: 2017-05-13
Close Date: 2017-06-22
Close Price: 490000
Association Amenities
None: 1
Electric
Three Phase: 1
Exterior Features
None: 1
Flooring
Carpet: 1
Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
None: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Tenant Pays
Cable TV: 1
Electricity: 1
Water: 1
Possession
Close Of Escrow: 1
Sewer
Septic Tank: 1
Utilities
Water Available: 1
Heating
Central: 1
Water Access
None: 1
Construction Materials
Frame: 1
Stucco: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 11194
Gross Income: 47400
Net Operating Income: 36206
Source Of Expenses
Owner Provided: 1
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Occupied: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Contingencies
Appraisal: 1
Financing: 1
Unit 1 Details
Actual Rent: 750
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 900
Unit 1 Parking Features
Open Parking: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 750
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 900
Unit 2 Parking Features
Open Parking: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 900
Baths Full: 2
Beds Total: 3
Furnished: Unfurnished
SqFt: 1100
Unit 3 Parking Features
Open Parking: 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 900
Baths Full: 2
Beds Total: 3
Furnished: Unfurnished
SqFt: 1100
Unit 4 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 106.7
Original List Price To Close Price: 1.12
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 5194.77
Tax Year: 2016
Tax Legal Description: 01-44-42, E 157 FT OF W 316 FT OF S 1/2 OF NE 1/4 OF SW 1/4 (LESS N 111.04 FT, S 371.06 FT & W 20 FT NEIL RD R/W)
Originating Details
Originating System Key: 20170404140335172462000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: None
Electric: Three Phase
Exterior Features: None
Flooring: Carpet; Tile
Property Condition: Resale
Tenant Pays: Cable TV; Electricity; Water
Source Of Expenses: Owner Provided
Construction Materials: Frame; Stucco
Cooling: Central Air
Heating: Central
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Composition
Sewer: Septic Tank
Tax Information: City/County
Utilities: Water Available
Water Access: None
Water Source: Public
Showing Requirements: Call Listing Agent; Occupied
Unit 1 Parking Features: Open Parking
Unit 2 Appliances: Range; Refrigerator
Unit 2 Parking Features: Open Parking
Unit 3 Appliances: Range; Refrigerator
Unit 3 Parking Features: Open Parking
Unit 4 Appliances: Range; Refrigerator
Unit 4 Parking Features: Open Parking
Contingencies: Appraisal; Financing
Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office: RE/MAX Prestige Realty/RPB
Last Updated: August - 06 - 2026
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