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$1,725,000 USD

$1,725,000

5,710 Sqft Disagree?

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323 Almeria Road

Northern Palm Beaches Commercial Properties

$1,725,000

5,710 Sqft

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Property Highlights

  • MLS# : RX-10694223
  • Listing Type : Commercial
  • Year Built : 1928
  • Days on Market : 714
  • Property Type : MultiFamily (5+ Units)
  • Zoning : MF32
  • Status : Closed
  • Total Area : 5,710 sqft ($314/sqft)
  • Construction : Frame, Stucco
  • Complex : El Cid Park Add
  • Property Sub Type : Resident. Multi-Fam.
  • View Property History
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Property Details

Great Apartment Building in West Palm Beach, Great Investment, Highly Sought After Area. $140,000 Gross Annual Income - DO NOT DISTURB TENANTS, 10 Unit Apartment Building, Fully Occupied, Just Off Intracoastal. Rent Roll & Income Sheet In Documents on MLS. 6% Cap Rate, Rental Income = $140,000, Expenses = $34,000. Separate Meters, On Site Parking, Central AC For Each Unit & 2 On Site Washer & Dryer Units Bringing in $190 Per Month Additional. Building In Excellent Condition & Always Fully Occupied with Tenant Waiting List. Great Area & Rents Can Be Increased For Higher Income & Cap Rate.

General Information
  • Acres: 0.25
  • Cooling: Central
  • Heating: Central
  • Pool: El Cid Park Lts 1 To
  • Stories: 2
  • Utilities: Cable, Electric, Public Sewer, Public Water
  • Carport Spaces: 11
  • Flooring: Tile, Vinyl Floor, Wood Floor
  • Location: City
  • Roof: Comp Shingle
  • Total Units in Building: 10
  • Zoning: MF32(c
  • Carport Spaces: 11
  • Flooring: Tile, Vinyl Floor, Wood Floor
  • Location: City
  • Roof: Comp Shingle
  • Total Units in Building: 10
  • Zoning: MF32(c
Fees and Membership
  • Membership Equity: Yes
  • Tax Year: 2020
  • Tax Amount: $19,900
  • Tenant Pays: Cable, Electric
  • Tax Amount: $19,900
  • Tenant Pays: Cable, Electric

Listing Courtesy of Palm Beachers Realty LLC.

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Jeff Lichtenstein's Echo Fine Properties

Echo Fine Properties

C 561-500-ECHO

O 561-500-ECHO

F 561-277-2500

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Jeff Lichtenstein's Echo Fine Properties

ECHO FINE PROPERTIES

C 561-500-3246

O 561-500-3246

F 561-277-2500

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