$825,000
Jupiter, FL 33458
MLS# RX-10981143
2204 sqft
1 / 6
Property Description
Investors, welcome to your new Jupiter Duplex! This Duplex is just over 2,200 square feet under air - 3,210 sqft in total, and built on a very large lot. Almost half an acre! This property is zoned RM - Multi-family (Medium Density), so there's room to add more units or structures to this lot if you're looking to add value to the property. This CBS built duplex currently has both sides rented and both are currently on month-to-month leases. They are both currently paying under market rental values at $1,800/mo and $4,500/mo respectively. 296 is a 3 bedroom, 2 bathroom home with a private pool in the backyard. This home also has an attached carport, and a storage shed with electricity that can be converted to an additional bedroom or garage.
Details
Maps
Contract Information
Listing Date: 2024-04-24
Status: Active
Original List Price: 825000
Auction: No
List Price: $825,000
Current Price: $825,000
List Price/SqFt: 374.31
Comm/Non-Rep: 0%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Duplex
Structure Type: Duplex
Total # of Units: 2
Property Condition: Resale
Year Built: 1960
Number of Stories: 1
SqFt - Total: 3210
SqFt - Living: 2204
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Directions: From I-95 drive East. Turn Left (North) on Philadelphia Dr. Turn Right (East) on Kane Place.
Subdivision: PENN PARK REPLAT
Lot SqFt: 19680
Waterfront: No
Private Pool: Yes
Pets on Premises: No
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location, Tax & Legal
Area: 5100
Geo Area: PB31
Country: United States
County: Palm Beach
Parcel ID: 00424101060080090
Street #: 296
Street Name: Kane
Street Suffix: Place
State/Province: FL
Zip Code: 33458
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
Multiple Ofrs Acptd: Yes
REO: No
HOPA: No Hopa
Legal Desc: REPL OF BLKS 8, 9 & 10 OF PENN PARK LT 9 BLK 8
Zoning: RM
Tax Year: 2023
Taxes: 8975.79
Elementary School: Jupiter Elementary School
Middle School: Jupiter Middle School
High School: Jupiter High School
Geo Lat: 26.935672
Geo Lon: -80.103446
Office/Member Info
DXORIGMLNO: RX-10981143
DXORIGMLSID: RML
Unit 1 Info
Bedrooms: 2
Full Bath: 1
Furnished: No
Monthly Income: 1800
Unit 2 Info
Bedrooms: 3
Full Bath: 2
Furnished: No
Monthly Income: 4500
Income & Expenses
Gross Operating Inc: 75600
Annual Total Expense: 18196
Annual Net Oper Inc: 57404
Storm Protection
Panel Shutters: Complete
Impact Glass: Partial
Property Features
Source of Expenses: Owner
Construction: CBS; Stucco
Waterfront Details: None
View: Garden; Pool
Unit 1 Desc: A/C Unit; Dishwasher; Dryer; Kitchen; Laundry; Range - Electric; Refrigerator; Smoke Detector; W/D Hookup; Washer; Patio
Unit 1 Parking: Open Parking; Space Parking
Unit 2 Desc: A/C Unit; Dishwasher; Dryer; Kitchen; Laundry; Range - Electric; Smoke Detector; W/D Hookup; Washer
Unit 2 Parking: Carport - Attached; Open Parking
Private Pool Description: Inground
Lot Description: 1/4 to 1/2 Acre
Exterior Features: Fence; Open Patio; Room for Pool; Shed
Subdiv. Amenities: None
Maintenance Fee Incl: Lawn Care; Pest Control; Pool Service; Water
Tenant Pays: Cable; Electric
Restrict: Lease OK
Flooring: Ceramic Tile
Cooling: Central
Heating: Central
Roof: Comp Shingle
Terms Considered: Cash; Conventional; FHA; VA
Utilities: Public Sewer; Public Water
Taxes: City/County
Avail Info: None
Supplements
298 is a 2 bedroom, 1 bathroom home with a patio overlooking the large private backyard with mature tree and lawn.
The current owner renovated the entire property in 2019, upgrading with new kitchens, bathrooms, flooring, plumbing, electrical panels/outlets/switches, new appliances, new fencing, French doors to the patios, and hurricane panels. You definitely don't want to miss this amazing opportunity, to own a cash flowing investment property conveniently located in the heart of Jupiter Florida.
Listing Office: Compass Florida LLC
Last Updated: May - 10 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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