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5655 Mango Rd, West Palm Beach FL 33413

Multi-family Recently Sold
$915,000

BTC: 10.05494505

ETH: 457.50000000

Sold on: 2023-05-08
48 days
0 room(s)
3,600 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Excellent Investment opportunity! This property is currently at a 5.5% CAP RATE with the potential to go above 8% CAP. This amazing fourplex is located in Royal Palm Beach County. Minutes from downtown West Palm Beach - dining, shopping, and entertainment including the world-renowned Kravis theater. Beautiful Florida beaches within a 5-minute driving distance and more! Each unit has 2 parking spaces, 2 bedrooms, 1 bath, and a large backyard. This property is fully rented below market rent; the new owner will have the chance to even increase the rent and receive more than 8% CAP.

Location

Florida • West Palm Beach • 33413 • Multi-family • Recently Sold

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1981
Lot:
No Data
Heating:
Other
Price/sqft:
$264
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Carpet

    Heating

    • Other

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 00424335100110140

    • Zoning: RM

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $10,669

  • Source details

    • MLS ID: A11347603

    Other facts

    • Construction Materials: Concrete Block Construction / Stucco

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Living Area: 3600

    • Subdivision Name: ROYAL PALM ESTATES

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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 ©2025-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: Coldwell Banker Realty