742 53rd Street #RX-10450390 - Palm Beach County Real Estate Artboard 1? alert-icon? Artboard 1? ? ? delete-icon? edit-icon? email-icon hide-hover-icon? Artboard 1? login-icon-white Artboard 1? next-icon-left next-icon-right-left next-icon-left-ochre next-icon next-icon-right-grey next-icon-right-ochre plus-with-circle-iconP search-fw-icon? search-icon-ochre search-icon-white

$205,000 USD

$205,000

0.18 Acres

742 53rd Street

West Palm Beach Short Sales

$205,000

0.18 Acres Disagree?

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Property Highlights

  • MLS# : RX-10450390
  • Listing Type : Residential Income
  • Total Area : 1,410 sqft ($146/sqft)
  • Year Built : 1954
  • Membership Equity : Yes
  • View Property History
  • Status : Active
  • Living Area : 1,200 sqft ($171/sqft)
  • Subdivision : North Palm Bch 4
  • Construction : CBS
  • Days on Market : 580

Property Details

Long-term tenants with below market rent. Current monthly gross is $2,000 potential monthly gross is $2,200, annual current gross income is $24,000, potential annual gross income is $26,400. Operating expenses are property taxes : $2,200, property insurance (optional ) $905, general liability (optional) $458, and lawn $600/year total expenses $4,163. Current net annual income is $19,837. potential net annual income is $22,237. Actual cap rate is 9.22%, potential cap rate is 10.34%.

General Information
  • Building #: Yes
  • Flooring: Ceramic Tile
  • Lot Description: < 1/4 Acre
  • Stories: 1
  • Utilities: Public Water
  • Cooling: Wall-Win A/C
  • Heating: Window/Wall
  • Roof: Comp Shingle
  • Total Building Sqft: 1,410
  • Zoning: SF7(ci
  • Cooling: Wall-Win A/C
  • Heating: Window/Wall
  • Roof: Comp Shingle
  • Total Building Sqft: 1,410
  • Zoning: SF7(ci
Fees and Membership
  • Membership Equity: Yes
  • Tax Year: 2017
  • Tax Amount: $2,194
  • Tenant Pays: Electric, Water
  • Tax Amount: $2,194
  • Tenant Pays: Electric, Water

Listing Courtesy of KSR Properties.

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742 53rd Street

West Palm Beach, FL

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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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