For Sale

518 Biscayne Drive, West Palm Beach, FL 33401

$1,250,000
3,372
Property Description

Upgraded 4-unit multifamily property in historic Flamingo Park. Qualifies for favorable owner-occupant financing which allows the rental income to help qualify for the loan with as low as 5% downpayment.Impact windows throughout. Each unit has Central AC and updated electrical panels. Units include in-unit washers and dryers, high ceilings, and tankless water heaters. A large backyard provides ample outdoor space for tenants. Durable flat roof (2014) and updated barrel tile roof. Plumbing is originally cast iron and much has been replaced with PVC.

Basic Details
Listing Type : For Sale
Price : $1,250,000
Square Footage : 3,372
Features
: Central Air
Public Sewer
Central
Ceramic Tile,Hardwood,Wood
None
Barrel, Built-Up, Tar/Gravel
Location
US
FL
Palm Beach
West Palm Beach
33401
5430
518 Biscayne Drive, West Palm Beach, Florida 33401
Extended Details
Virtual Tour URL
FLAMINGO PARK IN
04.03.2025
Frame
Cash,Conventional,1031 Exchange
Cable Available,Electricity Available,Sewer Available,Water Available
Sprinklers Automatic,< 1/4 Acre
6250
50.0 ft x 125.0 ft
4
SF14(c
2024
$0
49 Units, LLC
Jesse J Bailey
3612
Non-Gated
Two
50.0 ft x 125.0 ft
Expired
2025-01-14
2025-04-03T00:00:00Z
2
15905.0
https://immersivespaces.co/virtual-tour/518-biscayne-drive-unit-1-33401
FTL
Property Type
StatusExpired
Listing IDR11052500
Year Built1925
Lot Area6,250
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: 561-660-1948 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated 561-472-1236 .

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