Thank you
Daniel J Derogatis
Re/Max Direct
561-952-2680
Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 6.11% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.
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Year Built: 1979
Total Units: 6
Built: Resale
Private Pool: No
37,462 Sq. Ft.
SQ ft: 5,880
SQ ft (Living Area): 5,880
Property Detail: Quad Plex
Subdivision: PALM BEACH FARMS CO 7
Original List Price: $1,999,700
Annual Tax: $13,261
Tax Year: 2022
Parcel Number: 00434430010150032
Carport Spaces: 0.00
Garage Spaces: 0.00
Unit 1 Parking: Space Parking
Unit 2 Parking: Space Parking
Unit 3 Parking: Space Parking
Unit 4 Parking: Space Parking
None
HOA : 0
Elementary School: Palm Springs Elementary School
Junior High School: Lake Worth Community Middle
Senior High School: Lake Worth High School
Development Name: Palm Beach Farms
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2724 S Garden Drive #108, Lake Worth, FL,33461 | $139,000 | 2 | 1 | 894 | -- |
2769 S Garden Drive #108, Lake Worth, FL,33461 | $109,900 | 2 | 1 | 894 | -- |
2286 Lake Osborne Drive.., Lake Worth, FL,33461 | $179,000 | 2 | 2 | 894 | -- |
3160 Lake Osborne Dr #205, Lake Worth, FL,33461 | $168,000 | 2 | 2 | 824 | -- |
3160 Lake Osborne Drive.., Lake Worth, FL,33461 | $172,000 | 2 | 2 | 824 | 2 Acres |
2581 N Garden Drive #206, Lake Worth, FL,33461 | $129,000 | 1 | 1 | 744 | 43440 Sqft |
2615 N Garden Drive #309, Lake Worth, FL,33461 | $129,000 | 2 | 1 | 894 | 43560 Sqft |
2606 S Garden Drive #105, Lake Worth, FL,33461 | $109,500 | 2 | 1 | 894 | -- |
2606 S Garden Drive #108, Lake Worth, FL,33461 | $110,000 | 2 | 1 | 894 | -- |
2724 N Garden Drive #308, Lake Worth, FL,33461 | $177,000 | 2 | 2 | 894 | -- |
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc
ByOwner last updated this listing 04/29/2024 @ 01:18
MLS: RX-10918420
LISTED BY: Daniel J DeRogatis , Re/Max Direct
SOURCE: Beaches MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.