1302 Florida Avenue, West Palm Beach, FL 33401

$870,000
7
BD
4
BA
1,830
SqFt
List Price
$870,000
Days on Market
12
MLS#
RX-10833962
Status
ACTIVE
Bedrooms
7
Full Bathrooms
4
Sq. Ft
1,830
Lot Size
6,694
Subtype
Single Family Detached
County
Palm Beach
Community
Moss & Heisler
Subdivision
Moss & Heisler
Year Built
1925

Property Description

IMMEDIATE INCOME PRODUCING OPPORTUNITY. This 7 bedroom, 4 bathroom is Zoned for multi-family housing, perfect for an Airbnb investor, but is currently being used as single family producing just over $5200 a month with plenty of room to increase. 135x50 Corner Lot located in the highly desirable neighborhood of Grandview Heights, 2 blocks away from Downtown West Palm Beach, restaurants, shops, bars, minutes from the water, and everything that WPB has to offer. Oversized large backyard, fully fenced ready for a pool, or another personal/rental cottage; UP TO 1400sf. Currently college housing for PBA students with plenty of room to increase rent. Roof-2016, hurricane Panels-2018, Water Heater-2019, A/C-2021, Condenser-2016 . TONS of opportunity for this investment opportunity. Live in the cottage, rent the main home, or even turn the main home into a 7 room airbnb! LOCATION Build your dream single family home and collect rent while waiting for your architect and permits, continue to rent to college students, build an extra building and or cottage in the back, air bnb... the list goes on. This house is perfect for the Unlimited potential of rental opportunities. Recent 3-mo home sales in neighborhood in the $600-$900 sq/ft range.

Additional Information

Front Exposure
Southwest
Governing Body
None
Pets Allowed
Not Allowed
Construction
Frame, Stucco
Cooling
Central
Equipment
Dishwasher, Dryer, Microwave, Storm Shutters, Water Heater - Elec
Flooring
Tile, Wood Floor
Furnished
Unfurnished
Heating
Central
Lot Description
< 1/4 Acre
Restrict
None
Parking
2+ Spaces, Driveway, Street
Roof
Comp Shingle, S-Tile
Rooms
Attic, Family, Florida
Taxes
$9,639
Unit Description
Corner
View
Garden, Other
Total Floors
3
Amenities
Bike - Jog, Sidewalks, Street Lights
Waterfront
None
Stories
3
Roofing
Comp Shingle, S-Tile
Utility
Public Sewer, Public Water
Acres
0.153673094582185
Lot Description
< 1/4 Acre
Price Per Acre
20708859.6
Price Per Sqft
$475

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of NV Realty Group, LLC.