$300,000
Palm City, FL 34990
MLS# R10613462
Status: Closed
1960 sqft
1 / 18
Property Description
Investment Opportunity to own a Duplex in Palm City. Currently leased 2/1 at $1350 per month each unit. This duplex is CBS, Remodeled and newer aluminum roof. Very well maintained... Live in one of the units and rent the other unit out.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2020-03-31
Status: Closed
Original List Price: 315000
Sold Price: $300,000
Current Price: $300,000
Location and Legal
County Or Parish: Martin
County Parish Name: Martin
City Name: Palm City
Postal Zip: 34990
Geographic Area: MRTC - Martin County
Multiple Offers Accepted: Yes
Special Assessment YN: No
Street Number: 788
Street Direction Prefix: SW
Street Name: 36th
Street Suffix: Terrace
Street Direction Suffix: SW
State Or Province: FL
Postal Code: 34990
Subdivision Name: PALM CITY GARDENS
Area: 6090 - Palm City
Elementary School: Palm City
Middle Or Junior School: Hidden Oaks
High School: Martin County
Parcel Number: 203841002006001505
Zoning: r4
Directions: Palm City, Off SW Martin Highway.
General Property Information
Number Of Units Total: 2
Living Area Main: 1960
Lot Size Area: 7492
Senior Community YN: No
Stories: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 1960
Building Area Source: Public Records
Year Built: 1974
Lot Size Acres: 0.17
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2020-07-15T14:00:50Z
Major Change Type: Status Change
Status Change Date: 2020-07-15
Under Contract Date: 2020-07-06
Close Date: 2020-07-14
Close Price: 300000
Association Amenities
None: 1
Electric
Three Phase: 1
Exterior Features
None: 1
Flooring
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Documents Available
None: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
None: 1
Possession
Close Of Escrow: 1
Utilities
Cable Available: 1
Heating
Central: 1
Electric: 1
Water Access
None: 1
Window Features
Blinds: 1
Construction Materials
Block: 1
CBS: 1
Concrete: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Aluminum: 1
Income and Expenses
Annual Total Expense: 6200
Gross Income: 32400
Net Operating Income: 26200
Source Of Expenses
Owner Provided: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Showing Requirements
Call Listing Agent: 1
Occupied: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Contingencies
None: 1
Unit 1 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 1350
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 1000
Unit 1 Interior Features
Built-in Shelves: 1
Pantry: 1
Split Bedroom Plan: 1
Unit 1 Lease Description
Lease Expiration: 2021-05-01
Unit 1 Parking Details
Carport YN: Yes
Attached Carport YN: Yes
Unit 1 Parking Features
Open Parking: 1
Unit 1 Patio/Porch
Patio/Porch: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Laundry Room: 1
Separate Dining: 1
Unit 2 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Washer: 1
Unit 2 Details
Actual Rent: 1350
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 960
Unit 2 Interior Features
Built-in Shelves: 1
Split Bedroom Plan: 1
Unit 2 Lease Description
Lease Expiration: 2020-06-15
Unit 2 Parking Features
Open Parking: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 2 Rooms
Family Room: 1
Kitchen: 1
Laundry Room: 1
Unit 3 Details
Actual Rent: 1350
SqFt: 1000
Unit 4 Details
Actual Rent: 1350
SqFt: 960
Price Calculations
Current Price To SqFt: 153.06
Original List Price To Close Price: 1.05
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 4294.53
Tax Year: 2019
Tax Legal Description: PALM CITY GARDENS LOTS 15 16 & 17 BLK 6
Originating Details
Originating System Key: 20200324184808236073000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: None
Electric: Three Phase
Exterior Features: None
Flooring: Ceramic Tile
Property Condition: Resale
Tenant Pays: None
Source Of Expenses: Owner Provided
Construction Materials: Block; CBS; Concrete
Cooling: Ceiling Fan(s); Central Air
Heating: Central; Electric
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Aluminum
Special Information: Sold As-Is
Tax Information: City/County
Utilities: Cable Available
Water Access: None
Window Features: Blinds
Showing Requirements: Call Listing Agent; Occupied
Unit 1 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Interior Features: Built-in Shelves; Pantry; Split Bedroom Plan
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Family Room; Kitchen; Laundry Room; Separate Dining
Unit 2 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Washer
Unit 2 Interior Features: Built-in Shelves; Split Bedroom Plan
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Family Room; Kitchen; Laundry Room
Contingencies: None
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: RE/MAX Ocean Properties
Last Updated: August - 06 - 2026
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