Homes for sale - 524 Palmetto St, West Palm Beach, FL 33405

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Alan Olem

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

$ 550,000

Est. payment -/mo

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Active

524 Palmetto St West Palm Beach, FL 33405

1,632 SqFt

UPDATED:

11/22/2024 06:21 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,632 sqft

Price per Sqft $337

Subdivision Colonial Estates

MLS Listing ID F10462648

Style Duplex

Construction Status Resale

HOA Y/N No

Year Built 1940

Annual Tax Amount $8,445

Tax Year 2023

Property Description

518 and 524 Palmetto St. Turnkey and income producing property in highly desireable Colonial Estates. This investment opportunity includes 2 separate buildings, both fully rented. The first building is a 2 bedroom, 1 bathroom single family home. The second building is a 2 bedroom, 2 bathroom single family home. This investment offers true flexibilty. It can be used as a long term rental property or the location would make a great short term rental property. For a lower down payment, the owner can occupy one of the buildings and realize huge rewards. There are so many possibilities with this inome producing opportunity. Professionally managed and well maintained since the current owners purchased means very little hassle for the new owner(s). Separate laundry area shared by both units.

Location

State FL

County Palm Beach County

Community Colonial Estates

Area Palm Beach 5420; 5430; 5440

Zoning SF7

Interior

Heating Heat Pump/Reverse Cycle

Cooling Ceiling Fans, Central Cooling

Flooring Ceramic Floor, Wood Floors

Exterior

Waterfront No

Water Access N

Roof Type Comp Shingle Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Aluminum Siding, Frame Construction

Sewer Municipal Sewer

Water Municipal Water

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Listed by Miranda Executive Realty

Alan Olem

Advisor | License ID: 3348595

+1(954) 854-7678

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