527 48th Street
West Palm Beach, FL 33407
Square Ft.
2,072
$735,000
Northwood Villas, a well-positioned multifamily investment opportunity located in West Palm Beach, Florida. This 4-unit property, constructed in 1954 with concrete block construction, offers a total of 2,387 square feet on a 0.14-acre lot. The unit mix consists of one two-bedroom/one-bathroom unit and three one-bedroom/one-bathroom units, providing an attractive configuration… Read More for a diverse tenant base.Northwood Villas is strategically located east of Broadway in a rapidly evolving submarket of West Palm Beach. The property stands to benefit significantly from the ongoing revitalization of the surrounding area, including transformative developments within the nearby Currie Mixed-Use District (CMUD). Read Less
Courtesy of FlatFee.com 954-965-3990

Listing Snapshot
Days Online
78
Last Updated
Property Type
Quad Plex
Square Ft.
2,072
Lot Size
0.14 Acres
Year Built
1954
MLS Number
RX-11082292
30 Days Snapshot Of 33407
$336k
-38%
(avg) sold price
19
+11%
homes sold
100
-13%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,072 total living square feet, 2,387 total square feet, Built in 1954, 1 story, Year built description: Resale, Square footage source: Tax Rolls, Unit 1 is 722 square feet, Unit 2 is 450 square feet, Unit 3 is 450 square feet, Unit 4 is 450 square feet, Block, Concrete, A/C Unit, Kitchen, Range - Electric, Refrigerator, A/C Unit, Kitchen, Range - Electric, Refrigerator, A/C Unit, Kitchen, Range - Electric, Refrigerator, A/C Unit, Kitchen, Range - Electric, Refrigerator
Cooling
Central
Exterior Features
None
Floors
Tile
Heating
Central
Home Owner's Association
HOA fee per month: $0
Interior Features
Unit 1 furnished?: No, Unit 2 furnished?: No
Lot
5,886 lot square feet, < 1/4 Acre
Miscellaneous
Business type: None, Unit 1 monthly income: $2,000, Unit 2 monthly income: $1,425, Unit 3 monthly income: $1,445, Unit 4 monthly income: $1,575, Gross operating income: $0, Annual total expense: $30,524, Annual net operating income: $44,472, Electric, Cash, Conventional
Parking
Open Parking, Open Parking, Open Parking
Property
Property type: B, Zoning: SF7(ci, Waterfront: No, None
Roof
Comp Shingle
Taxes
Real estate taxes: $9,270, Tax year: 2024, No Homestead
Utilities
0.00 meter, Electric, Public Sewer, Public Water
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All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

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