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1530 Crescent Circle

West Palm Beach, FL 33403

$2,400,000 $10,118/Mo

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Overview

Bed

Bath

10,224

Sqft

Description

Exceptional opportunity to acquire a 10,000 SF, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.

Property Details

Property Type : ResidentialIncome

Price : $2,400,000

AD Id : 66459036

MLS Id : A11858108

Beds : 12

Living Area Size : 10,224

Year Built : 1963

County : Palm Beach

Subdivision: Kelsey City

Map

What's Nearby

Nearby Areas

Features

Interior Features

Roof: Concrete

Laundry Features: Outside
Heating & Cooling

Has Heating: Yes Heating: Central, SeparateMeters Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 1963

Building Area Total: 10224

Construction Materials: Block

Private Pool: No

Lot Information

Lot Description: QuarterToHalfAcreLot

Property Information

Subdivision: LAKE PARK ADD 3 Source Property Type: ResidentialIncome Postal Code Plus 4: 2255 Property SubType: Quadruplex Property Age: 63

Listing Price Information

Listing Price: $2400000

Original Price: $2600000

Cash, Conventional

Tax Information

Parcel Number: 36434221031350010 Tax Year: 2024 Annual Tax: $28606 Tax Legal Desc: LAKE PARK ADD NO 3 LOT 1 BLK 135

Parking Information

Parking Total: 12

School Information

Elementary School: The Conservatory School at North Palm Beach Junior High School: Howell L. Watkins Senior High School: Palm Beach Gardens
Utility Information

CableAvailable
Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2886 Croton Lane, West Palm Beach, FL, 33403	$299,999	3	3	1,250	1,250 SqFt
3643 Betty Ann Court, West Palm Beach, FL, 33403	$515,000	2	2	1,380	1,380 SqFt
9350 Sun Court, West Palm Beach, FL, 33403	$740,000	6	3	2,320	2,320 SqFt

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ByOwner last updated this listing 06/10/2026 @ 11:08

MLS: A11858108 LISTED BY: Benjamin Lipkin, LIV Real Estate Group 561-212-4640 SOURCE: Beaches MLS