Homes for sale - 513-515 47th ST, West Palm Beach, FL 33407

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Alan Olem

alan.olem@engelvoelkers.com +1(954) 854-7678

Listed by KW Reserve Palm Beach

$ 2,288,000

Est. payment -/mo

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Price Dropped by $302K

513-515 47th ST West Palm Beach, FL 33407

5 Baths

2,625 SqFt

UPDATED:

10/30/2024 02:24 PM

Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 2,625 sqft

Price per Sqft $871

Subdivision North Palm Bch 1

MLS Listing ID RX-11022418

Construction Status Resale

Year Built 1942

Annual Tax Amount $8,017

Tax Year 2023

Lot Size 5,227 Sqft

Property Description

FULLY RENOVATED, 5 UNITS, within 3 SEPARATE BUILDINGS less than two blocks from the intercostal! All new inside and out. Interior has all new vinyl wood flooring, tile, modern kitchens and bathrooms in each unit. All units have Laundry hookups, except studio. New siding/sheathing & moisture barrier, 2 new roofs plus a metal roof, new doors and impact windows. All separate utilities with 5 electric meters, and separate water heaters. Three total buildings: 3 - two bedroom units (includes 2 bedroom separate home); 1 - one bedroom unit (upstairs), and 1 - separate studio unit. All necessary construction permits obtained. Minimum projected rents of $134-146k gross income.

Location

State FL

County Palm Beach

Area 5420

Zoning SF7(ci

Interior

Heating No Heat

Cooling Wall-Win A/C

Flooring Tile, Vinyl Floor

Fireplaces Type None

Exterior

Utilities Available Electric, Public Sewer, Public Water

Waterfront No

Roof Type Fiberglass,Metal

Building

Story 100.00

Foundation Woodside

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Alan Olem

Advisor | License ID: 3348595

+1(954) 854-7678

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