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702 50th, West Palm Beach, FL 33407

Multi-family Active With Contract
$525,000

BTC: 5.51470588

ETH: 157.37410072

30 days
0 room(s)
1,700 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Introducing a rare opportunity to own a Spanish-style detached triplex in the sought-after area of West Palm Beach. This investment gem offers a current cap rate of 8.61%, making it an attractive option for those looking to enhance their real estate portfolio.Property Highlights:-Three separate rental units present a steady income stream. Unit 1 will be available by 10/31/25. Unit 2 is currently under a lease that runs through 9/1/25. Unit 3 is on a six-month lease, set to expire on 3/31/25.Monthly Income:Unit 1 - $2,100Unit 2 - $1,450Unit 3 - $900-Built on a 50 x 105 lot, this property showcases classic stucco exterior walls with a durable built-up roof, ensuring long-lasting quality and minimal maintenance.

Location

Florida • West Palm Beach • 33407 • Multi-family • Active With Contract

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1926
Lot:
No Data
Heating:
No Data
Price/sqft:
$309
Cooling:
No Data
HOA:
No Data
All facts and features

  • Other Property Information

    • Parcel Number: 74434304080570250

    • Zoning: SF7(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $3,013

  • Source details

    • MLS ID: RX-11019429

    Other facts

    • Garage: Yes

    • Living Area: 1700

    • Subdivision Name: NORTH PALM BEACH

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. 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: Keller Williams Realty/P B