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414 50th Street

West Palm Beach Homes

$1,100,000 USD

$1,100,000

2 Baths Disagree?

414 50th Street

West Palm Beach Homes

$1,100,000

2 Baths

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Property Highlights

  • MLS# : RX-10538536
  • Listing Type : Commercial
  • Total Floors : 100
  • Membership Equity : Yes
  • View Property History
  • Status : Pending
  • Year Built : 1952
  • Construction : CBS
  • Days on Market : 70

Property Details

This Turnkey multi-family property is nestled on two parcels and features Four 2 bedroom 1 bath units and Two 1 bedroom 1 bath units. Completely renovated, impact glass and all electrical has been buried underground. The kitchens have been updated with granite counter-tops, stainless steel appliances, solid wood cabinets and all new bathrooms. Across from the Intracoastal and Osprey Park this compound was formerly leased to a religious group at $11,000 per Month triple net and has the projected lease potential of $1500 per Month for each 2 bedroom unit and $1100 per Month for each 1 bedroom unit. For a solid cap rate return, call today before it's gone! Property is located in the Opportunity Zone and with the combined 3 buildings has a total of 10 bedrooms.

General Information
  • Acres: 12
  • Flooring: Tile, Wood Floor
  • Pool: Residential
  • Stories: 2
  • Utilities: Cable, Electric
  • Cooling: Central
  • Heating: Central
  • Roof: Barrel, Comp Shingle
  • Total Units in Building: 6
  • Zoning: Residential
  • Cooling: Central
  • Heating: Central
  • Roof: Barrel, Comp Shingle
  • Total Units in Building: 6
  • Zoning: Residential
Fees and Membership
  • Membership Equity: Yes
  • Tax Year: 2018
  • Tax Amount: $4,535
  • Tenant Pays: Cable, Electric, Insurance, Repairs
  • Tax Amount: $4,535
  • Tenant Pays: Cable, Electric, Insurance, Repairs

Listing Courtesy of Logan Realty Inc.

West Palm Beach Homes Market Stats

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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

Email Me

Jeff Lichtenstein's Echo Fine Properties

ECHO FINE PROPERTIES

C 561-500-3246

O 561-500-3246

F 561-277-2500

Request More Info

  • This field is for validation purposes and should be left unchanged.
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