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8719 40th Terrace N, Palm Beach Gardens FL 33410

Multi-family Recently Sold
$545,000

BTC: 6.66870603

ETH: 221.54471545

Sold on: 2025-03-10
2 days
0 room(s)
1,930 sqft

Overview

Welcome to this completely remodeled duplex nestled on a spacious 0.44-acre lot in the heart of Palm Beach Gardens. This stunning property offers a fantastic opportunity for both investors and owner-occupants, featuring two fully renovated 2-bedroom, 1-bathroom units with modern upgrades throughout. Recently updated in 2022, the home boasts a new metal roof, a fully remodeled interior, and brand-new windows, ensuring durability and energy efficiency. One unit is currently rented at $2,200/month, well below the market rate of $2,400 per unit, presenting the potential for an impressive 8% return. The second unit is vacant, making it perfect for an owner looking to live in one unit while renting the other or for an investor seeking a high-performing rental property. As you arrive, you'll be greeted by lush tropical landscaping, separate oversized driveways for each unit, and a fully fenced yard, providing privacy and ample parking for both units. Step inside to discover a bright and open-concept floor plan with beautifully laid tile floors, upgraded baseboards, and LED recessed lighting throughout. The stylish kitchen is a chef's dream, featuring solid wood cabinetry with upgraded hardware, stunning quartz countertops, a decorative backsplash, stainless steel Samsung appliances, a farmhouse sink, and a breakfast bar for casual dining. The expansive living room is perfect for relaxation, enhanced by large windows that fill the space with natural light and sliding glass doors leading to a private backyard. Both bedrooms are generously sized, offering custom-built closet organizers, upgraded ceiling fans, and elegant window treatments. The modern bathroom is equally impressive, featuring a solid wood double vanity, upgraded light fixtures, and a beautifully tiled shower/tub combo with stylish hardware. Step outside to find private fenced-in yards for each unit, offering a serene retreat for outdoor enjoyment. One unit includes a detached utility building with a washer, dryer, and a spacious storage room, while the other unit has its own indoor washer and dryer. The location is unbeatablejust minutes from shopping, dining, entertainment, downtown Palm Beach Gardens, I-95, Florida Turnpike and PBI Airport, with Publix within walking distance for ultimate convenience. Whether you're looking for a turnkey investment or a comfortable home with rental income, this meticulously updated duplex is a rare find in Palm Beach Gardens. Don't miss out on this incredible opportunity!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1969
Lot:
0.44 Acres
Heating:
Central / Electric
Price/sqft:
$285
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Recent sales nearby
27 public-records sales within 0.5 mi
Median actual sale: $440K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$7,636
2024
View
Other, Other Water View
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

  • Property

    • Levels: 1

    • Exterior Features: West Of Us1 / Room For Pool

    Lot

    • Lot: 0.44 Acres

    Other Property Information

    • Parcel Number: 52424224000001700

    • Zoning: RM(cit

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Septic

    • Water Connected

    • Cable Available

    • Water Available

  • Other financial information

    • Annual tax amount: $7,636

  • Source details

    • MLS ID: R11058894

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / West Of US 1 / Fenced / Septic

    • Window Features: Blinds / Verticals

    • Other Structures: Extra Building/Shed / Shed(s) / Storage Shed

    • Architectural Style: Twin Home / Half Duplex / Twin Homes

    • Living Area: 1930

    • Water Source: Public

    • Subdivision Name: PALM BEACH GARDENS

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX Direct