$525,000 • five bedroom(s) • three full bathroom(s) • living size area 1700 sqft
Introducing a rare opportunity to own a spanish-style detached triplex in the sought-after area of west palm beach. this investment gem offers a current cap rate of 8.61%, making it an attractive option for those looking to enhance their real estate portfolio.property highlights:-three separate rental units present a steady income stream. unit 1 will be empty by the end of oct 2024. unit 2 has a year lease until sep 2025. unit 3 has a 6 month lease, until end of march 2025.monthly income:unit 1- $2,100 (expires 10/31/25)unit 2- $1,450 (9/1/25)unit 3- $900 (3/31/25)-built on a 50 x 105 lot, this property showcases classic stucco exterior walls with a durable built-up roof, ensuring long-lasting quality and minimal maintenance.702 50TH, WEST PALM BEACH, FL 33407
Single Family House 5 bedrooms - NORTH PALM BEACH for Sale
702 50TH, WEST PALM BEACH, FL 33407Asking Price$525,000
- 5bdr
- 3bth
- Living 1700sqft
- Taxes: Register to see
- Year Built 1926
-
Days on market:
38 day(s) Original Price:
$525,000-
Price per sqft:
$308.82 Tax Legal Description:
NORTH PALM BEACH PLAT 4 LTS 25 & 26 BLK 57Tax Year:
2023-
MLS:
11019438 -
Property Type:
Single Family -
Furnished Info:
Unfurnished Waterfront Description:
None
Construction Type:
StuccoFrameCooling Description:
ElectricCeiling FanWall-Win A/CHeating Description:
No HeatFloor Description:
Ceramic TileWood FloorInterior Features:
NoneEquipment/Appliances:
NoneLot Features:
< 1/4 AcreType of Association:
None
Description
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