$1,500,000
West Palm Beach, FL 33401
MLS# R10404096
Status: Closed
9300 sqft
1 / 9
Property Description
608 5th Street includes (16) well appointed 2 bedroom 1 bathroom units in a very centralized location in West Palm Beach with being in close proximity to I-95, public transit including just being a few walking blocks away from the new high speed Brightline Train , as well as The Palm Beach Outlet Mall, City place , and the pristine beaches of Palm Beach, amongst many other local destinations. During ownership the property has gone under updates such as new roof, driveway, and interior upgrades to units to ensure rents can maintain and reach their market value. West Palm Beach has experienced very strong economic growth over the last 5-10 years, owed in-part to steady population growth in South Florida at-large. As one of the country’s largest cultural and commercial centers, Palm Beac
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2018-02-05
Status: Closed
Original List Price: 1520000
Sold Price: $1,500,000
Current Price: $1,500,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Zip: 33401
Geographic Area: PB20
Street Number: 608
Street Name: 5th
Street Suffix: Street
Unit Number: 1-16
State Or Province: FL
Postal Code: 33401
Subdivision Name: CLOWS
Area: 5420
Parcel Number: 74434321060170030
Zoning: NWD-R(
Directions: 95 EXIT OKEECHOBEE EAST LEFT ON ROSEMARY THRU CITY PLACE LEFT ON 5TH
General Property Information
Number Of Units Total: 16
Living Area Main: 9300
Lot Size Area: 14000
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 9300
Building Area Source: Other
Year Built: 1968
Lot Size Acres: 0.32
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2018-04-23T13:52:55Z
Major Change Type: Status Change
Status Change Date: 2018-04-23
Under Contract Date: 2018-03-19
Close Date: 2018-04-20
Close Price: 1500000
Association Amenities
Sidewalks: 1
None: 1
Flooring
Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
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
Possession
Close Of Escrow: 1
Utilities
None: 1
View
City: 1
Garden: 1
Heating
Central: 1
Water Access
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Fiberglass: 1
Income and Expenses
Annual Total Expense: 35835
Gross Income: 158400
Net Operating Income: 122565
Source Of Expenses
Owner Provided: 1
Other: 1
Cooling
Central Building: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Open: 1
Contingencies
Inspection: 1
Unit 1 Appliances
Refrigerator: 1
Unit 1 Details
Actual Rent: 950
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 581
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Unit 2 Appliances
Refrigerator: 1
Unit 2 Details
Actual Rent: 950
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 581
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Appliances
Refrigerator: 1
Unit 3 Details
Actual Rent: 950
Baths Full: 1
Beds Total: 2
SqFt: 581
Unit 3 Parking Features
Parking Space: 1
Unit 3 Rooms
Family Room: 1
Unit 4 Appliances
Refrigerator: 1
Unit 4 Details
Actual Rent: 950
Baths Full: 1
Baths Half: 2
Furnished: Unfurnished
SqFt: 581
Price Calculations
Current Price To SqFt: 161.29
Original List Price To Close Price: 1.01
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Annual Amount: 15480.1
Tax Year: 2017
Tax Legal Description: CLOWS ADDITION LTS 3 & 4 BLK 17
Originating Details
Originating System Key: 20180205155641687264000000
Originating System ID: M00000170
Property Features
Association Amenities: Sidewalks; None
Documents Available: Other
Flooring: Tile
Property Condition: Resale
Tenant Pays: Cable TV; Electricity; Sewer; Water
Source Of Expenses: Owner Provided; Other
Construction Materials: CBS
Cooling: Central Building
Heating: Central
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Fiberglass
Tax Information: City/County
Utilities: None
View: Garden
Water Access: None
Showing Requirements: 24 Hour Notice; Appointment Only
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open
Unit 1 Appliances: Refrigerator
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Family Room; Kitchen
Unit 2 Appliances: Refrigerator
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Kitchen
Unit 3 Appliances: Refrigerator
Unit 3 Parking Features: Parking Space
Unit 3 Rooms: Family Room
Unit 4 Appliances: Refrigerator
Contingencies: Inspection
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: MRG Associates LLC
Last Updated: August - 06 - 2026
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