700 Tamarind Avenue Unit 1-12
West Palm Beach, FL 33401
Square Ft.
6,480
$4,500,000
Property located in Downtown West Palm Beach large asset This asset is great for a new or seasoned investor, 22 units total, 3 parcels, 3 bldgs. 700 N Tamarind Ave (12 units, 8/1BR & 4/2 BR) 925 6th St (4 units, 2 BR) & 919 6th St (5 units 4/2… Read More BR 1/5 bedrooms), newer roof on 700 blgd, all units leased, this has the cap rate, size, location and long or short term potenial. The 3 blgd's must be sold together. Located in the silicone valley of 2025 Palm Beach County, all CBS, well maintained, all the work has been done, just start making money at closing, serious buyers only, appointments availble to show. Great for AIR B&B, Coporate lodging, 700 Building zoned res/commercial, the opportunity and pontential is huge. Motivated seller, mortgage assumption available, NO SELLER FINANCING. Read Less
Courtesy of RE/MAX Direct 561-784-3000
Listing Snapshot
Days Online
138
Last Updated
Property Type
MultiFamily (5+ Units)
Square Ft.
6,480
Year Built
1952
MLS Number
RX-11097953
30 Days Snapshot Of 33401
$1.21M
+26%
(avg) sold price
28
-24%
homes sold
165
+19%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
6,480 total building square feet, Built in 1952, 2 stories, 12 units in build, Year built description: Resale, Square footage source: SimpleTemplate, Interior ceiling height: 10 feet, 12 tenants, Block, CBS, Stucco, Smoke Detector, Resident. Multi-Fam.
Cooling
Electric, Wall-Win A/C
Floors
Ceramic Tile, Laminate
Heating
Electric
Interior Features
Sheet Rock
Lot
0 acres
Miscellaneous
Vacancy rate: 0.00, Unit 1 description: 2 Bedroom, Annual rent, unit 1: 20400.00, Rent period, unit 1: Month, Unit 2 description: 2 Bedroom, Annual rent, unit 2: 17400.00, Rent period, unit 2: Month, Unit 3 description: 1 Bedroom, Annual rent, unit 3: 16200.00, Rent period, unit 3: Month, Unit 4 description: 2 Bedroom, Annual rent, unit 4: 14400.00, Rent period, unit 4: Month, Unit 5 description: 1 Bedroom, Annual rent, unit 5: 16200.00, Rent period, unit 5: Month, Unit 6 description: 1 Bedroom, Annual rent, unit 6: 15600.00, Rent period, unit 6: Month, Unit 7 description: 2 Bedroom, Annual rent, unit 7: 16800.00, Rent period, unit 7: Month, Unit 8 description: 2 Bedroom, Annual rent, unit 8: 16800.00, Rent period, unit 8: Month, Fenced, Landscaped, Sprinkler City, Traffic Light, Traffic Pedestrian, Cable, Electric, Assumable-Qualify, Cash, Conventional, Cryptocurrency, FHA203K
Property
Property type: E, Zoning: NWD-5--NORTHWEST, Waterfront: No, 5 miles to beach, None
Roof
Comp Rolled
Security Features
Fence, Security Light, Security Sys-Owned
Taxes
Real estate taxes: $15,911, Year: 2024
Utilities
Cable, Electric, Public Sewer, Public Water, Water Available
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