3063 Floweva Street # A, West Palm Beach FL 33406

Comercial En Venta

$1,150,000

BTC: 18.47426358

ETH: 683.42544720

40 días

En Venta

Comercial

0 room(s) •

Visión general

Excellent opportunity to acquire a well-maintained 6-unit multifamily property in South Florida. The property consists of three separate buildings on one parcel: a front triplex with two 1 bed/1 bath units and one 3 bed/1 bath unit, a rear duplex with two 2 bed/1 bath units, and a standalone 1 bed/1 bath cottage. Several units feature private fenced backyards, enhancing tenant appeal and retention. One of the 1 bed/1 bath units will be delivered vacant in June, allowing for immediate rental upside. Each unit has it's own electric meter. Current gross rents total $8,900 /month or $106,800/year. Rents are significantly below market, providing a strong value-add opportunity. Market rent estimates: 1 bed units $1,600-$1,750, 2 bed units $1,900-$2,000, and 3 bed units $2,500+. Pro forma gross income is approximately $133,200 annually. Lease terms and current rents: Unit A (1 bed/1 bath): $1,300/month - Month to Month at Will Unit B (1 bed/1 bath cottage): $1,300/month - Month to Month at Will Unit C (3 bed/1 bath): $1,500/month - Month to Month at Will Unit D (1 bed/1 bath): $1,350/month - Month to Month at Will Unit 3075 (2 bed/1 bath): $1,650/month - lease through 10/31/2026 Unit 3077 (2 bed/1 bath): $1,800/month - lease through 3/31/2027 All leases transitioning to month-to-month at expiration for added flexibility. Two on-site laundry machines are available for tenant use, generating additional passive income via refillable laundry card systems—no coin collection required. Property is in overall good condition with no major deferred maintenance. At the current income level, the property operates at a cap rate of approximately 5.3%. Based on market rents, the pro forma cap rate increases to approximately 6.9%+. This is an excellent opportunity to acquire a stabilized income-producing asset with immediate upside potential in a highly desirable rental market. Offered at $1,125,000 ($187,500 per unit). Rent role attached in MLS. Total monthly rent = $8,900/month Annualized = $8,900 × 12 = $106,800/year

Ubicación

Florida • West Palm Beach • 33406 • Comercial • En Venta

Detalles

Tipo:

Commercial Sale

Estacionamiento:

Common

Año de construcción:

1956

Lote:

0.46 Hectáreas

Calefacción:

Central / Window/Wall

precio por sq. medidor:

Sin datos

Enfriamiento:

Central Air / Wall/Window Unit(s)

HOA:

Sin datos

Tipo:

Commercial Sale

Estacionamiento:

Common

Año de construcción:

1956

Lote:

0.46 Hectáreas

Calefacción:

Central / Window/Wall

precio por sq. medidor:

Sin datos

Enfriamiento:

Central Air / Wall/Window Unit(s)

HOA:

Sin datos

Consulta privada

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Planos, documentos del HOA, comparables off-market, agendar una visita privada — un solo mensaje directo al especialista local.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$1,199,999

$649K – $12.8M

Confidence Low

List vs. estimate

$49K below estimate

List $1,150,000 · -4.2%

Our model says this listing is priced below recent comparable activity. Expect competition.

Based on

11 MLS comparables

+ 30 public-records sales within 0.5 mi

Median actual sale: $375K

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Destacados

Annual tax

$13,183

2025

Parking

10 spaces

Más hechos y características

Piso

• Ceramic Floor

Calefacción

• Central

• Window/Wall

Enfriamiento

• Central Air

• Wall/Window Unit(s)
Estacionamiento

• Common

Propiedad

• Pisos: 1

Lote

• Lote: 0.46 Hectáreas

Otra Información de Propiedad

• Número de Parcela: 70434407010020121

• Zonificación: RM (city)
Tipo y estilo

• Tipo de propiedad: Commercial Sale

• Subtipo de propiedad: Multi Family
Utilidad

• Cable Connected

• Cable Available
Otra información financiera

• Frecuencia HOA: Annually

• Importe anual de impuestos: $13,183
Detalles de la fuente

• MLS ID: B26022317

Otros hechos

• Materiales de construcción: CBS Construction

• Características del lote: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre

• Fuente de agua: Public

Consulta privada

Habla con el asesor de este inmueble.

Planos, documentos del HOA, comparables off-market, agendar una visita privada — un solo mensaje directo al especialista local.

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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: The Keyes Company

3063 Floweva Street # A, West Palm Beach FL 33406

Visión general

Ubicación

Detalles

Valuation

Destacados

Detalles interiores

Detalles de la propiedad

Detalles de construcción

Servicios públicos / Detalles de energía verde

HOA y detalles financieros

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