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3063 Floweva Street # A, West Palm Beach FL 33406

Коммерческий На продажу
$1,150,000

BTC: 17.69230769

ETH: 604.42332759

93 Дней
0 room(s)

Обзор

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

Локация

Детали

Тип:
Commercial Sale
Парковка:
Common
Год постройки:
1956
Лот:
0.46 Акров
Отопление:
Central / Window/Wall
Цена/кв.фут:
Нет данных
Охлаждение:
Central Air / Wall/Window Unit(s)
HOA:
Нет данных

Valuation

Our model vs. what's actually selling nearby.
Estimate
$895,000
$600K – $3.5M
Confidence Low
List vs. estimate
$255K above estimate
List $1,150,000 · +28.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
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.

Главное

Annual tax
$13,183
2025
Parking
10 spaces
Больше фактов и особенностей
  • Напольное покрытие

    • Ceramic Floor

    Отопление

    • Central

    • Window/Wall

    Охлаждение

    • Central Air

    • Wall/Window Unit(s)

  • Парковка

    • Common

    Имущество

    • Этажи: 1

    Лот

    • Лот: 0.46 Акров

    Другая Информация о Недвижимости

    • Номер Земельного Участка: 70434407010020121

    • Зонирование: RM (city)

  • Тип и стиль

    • Тип недвижимости: Commercial Sale

    • Подтип недвижимости: Multi Family

  • Общественное благосостояние

    • Cable Connected

    • Cable Available

  • Другая финансовая информация

    • Частота HOA: Annually

    • Годовая сумма налога: $13,183

  • Детали источника

    • MLS ID: B26022317

    Другие факты

    • Строительные материалы: CBS Construction

    • Особенности лота: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre

    • Источник воды: Public

Частный запрос
Поговорите со специалистом по этому объекту.
Планировки, HOA-документы, off-market сравнимые объекты, частный показ — одно сообщение напрямую локальному специалисту.

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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