Under contract

Active Under Contract

524 Palmetto St

West Palm Beach FL, 33405

$550,000


$337.01 per sqft

Under contract

Active Under Contract

1,632 sqft

Multi-family

Built in 1940

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.

F10462648

MLS ID

September 20, 2024

Listed

December 9, 2024

Updated

Map

524 Palmetto St
West Palm Beach FL, 33405

Interior Features

Total Stories

1


Floor Description

Ceramic Tile, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s)


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Features

1/4 Acre


Roof

Composition, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

5430


Taxes

$8,445


Tax Frequency

Annually


Days on Market

80


Garage

No


Parking Total

6


View

No


County

Palm Beach


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

12/9/2024

Under contract

10/31/2024

Active

10/31/2024

Pending

Listed by: Miranda Executive Realty
Listing Contact:  

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 5:12 PM UTC, 12/9/2024

 

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