Duplex Sold

524 Palmetto St, West Palm Beach, FL 33405

$550,000
1,632
Property Description

518 and 524 Palmetto St. Turnkey and income producing property in highly desireable Colonial Estates. This investment opportunity includes 2 separate buildings, both fully rented. The first building is a 2 bedroom, 1 bathroom single family home. The second building is a 2 bedroom, 2 bathroom single family home. This investment offers true flexibilty. It can be used as a long term rental property or the location would make a great short term rental property. For a lower down payment, the owner can occupy one of the buildings and realize huge rewards. There are so many possibilities with this inome producing opportunity. Professionally managed and well maintained since the current owners purchased means very little hassle for the new owner(s). Separate laundry area shared by both units.

Basic Details
Listing Type : Sold
Price : $550,000
Square Footage : 1,632
Property Sub Type : Duplex
Features
: Central Air, Ceiling Fan(s)
Public Sewer
Heat Pump
Ceramic Tile,Wood
None
Composition, Shingle
Location
US
FL
Palm Beach
West Palm Beach
33405
From I95 take Forest Hills Blvd East. Proceed to US1 and turn left (North). Go to Palmetto St and turn left (West). Proceed to 518 and 524 Palmetto St.
5430
518 And 524 Palmetto St, West Palm Beach, Florida 33405
Extended Details
Virtual Tour URL
Colonial Estates
12.30.2024
Aluminum Siding,Frame
Cash,Conventional,FHA,VA Loan
Cable Available
< 1/4 Acre
12.30.2024
535000
2
SF7
2023
Closing & Funding
$0
Miranda Executive Realty
Joseph Miranda
Non-Gated
One
Closed
2024-09-20
Gardener
2025-01-03T13:00:14Z
1
8445.0
Public
FTL
Property TypeDuplex
StatusClosed
Listing IDF10462648
Year Built1940
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

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