Property
Beds
3
Full Baths
4
1/2 Baths
None
Year Built
1945
Sq.Footage
1,732
Rare four-unit investment opportunity in the rapidly growing Lake Park market. This unique property features a main residence plus a triplex with three efficiency units, generating $86,400 in annual gross rental income with immediate cash flow. Ideally located just minutes from the Intracoastal Waterway, Singer Island beaches, marina, brewery, theater, Publix, US-1, I-95, and Palm Beach International Airport. Per current zoning and permitting information, the property may accommodate up to 10 units (buyer to verify). The main house also offers potential to convert to a 3BR/2BA. Whether you're looking to renovate, add value, or hold for long-term income, this property offers exceptional upside in a high-demand rental market. Quiet street, easy to rent, and outstanding investment potential. All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer. Be advised that cameras may exist recording audio and video inside/outside the property, such as ring doorbells. Photos are digitally enhanced and could be altered, please verify.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
4
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Wall Furnace
-
Main Level Bedrooms
3
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding, Block, Stucco, Vinyl Siding
-
Other Exterior Features
Barbecue
-
Parking
Driveway, Open, On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.14
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Ranch
Price
-
Sales Price
$750,000
-
Tax Amount
$11,412.7
-
Sq. Footage
1,732
-
Price/SqFt
$433
HOA
-
Association
No
School District
-
Elementary School
Lake Park
-
Middle School
Howell L. Watkins
-
High School
Palm Beach Gardens
Property Features
-
Stories
1
-
Foundation Details
Concrete Perimeter, Raised, Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Palm Beach
Elementary School
Lake Park
Middle School
Howell L. Watkins
High School
Palm Beach Gardens
Listing Courtesy of Micah L Volmer , One Sotheby's International Realty
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