$ 2,288,000
513-515 47th ST West Palm Beach, FL 33407
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Listed by KW Reserve Palm Beach
$ 2,288,000
Est. payment /mo
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