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2717 Richard Road, West Palm Beach, FL 33403 (MLS# R10292362)

2717 Richard Road, West Palm Beach, FL 33403

$1,435,000

Property Type: Residential Income Square Footage: 4,332 Status: Closed

Current Price: $1,435,000 List Date: 12/18/2016 Last Modified: 5/17/2026

Overview

Description

This is a group of apartments on several parcels of different lots that all connect. They front two different roads, Richard Rd. and Hinda Rd. and are made up of 2 different properties with 6 units each, one property with 4 units (2-Duplex brick buildings + garage) and 1 small single family home. They all sit on 2.30 Acres in a prime location North of Northlake Blvd. in North Palm Beach.

Listing Details MLS# R10292362

General Property Information

Number Of Units Total: 17
Property Sub Type: Quadruplex
Building Area Main: 4332
Building Area Source: Public Records
Living Area Main: 4008
Year Built: 1973
Lot Size Area: 18248
Lot Size Acres: 0.42
Lot Size Dimensions: 0.0 ft x 183.0 ft
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: Yes
Pool Private YN: No

Property Features

Association Amenities: None Documents Available: Accounting Statements Flooring: Tile; Vinyl; Wood Property Condition: Resale Tenant Pays: Electricity Source Of Expenses: Books; Owner Provided; Pro Forma Construction Materials: Brick; CBS; Frame Cooling: Central Individual; Electric Heating: Central Individual; Electric Listing Terms: Cash; Conventional Possession: Close Of Escrow Other Leasing Restrictions: Tenant Approval Roof: Composition Sewer: Public Sewer Sprinkler Description: Well Sprinkler; Zoned Sprinkler Tax Information: City/County; No Homestead Utilities: Electricity Available; Sewer Available; Water Available View: Other Water Access: None Water Source: Public Window Features: Blinds Showing Requirements: Call Listing Agent; See Remarks Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Interior Features: Pantry; Split Bedroom Plan Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen Unit 3 Appliances: Microwave; Range; Refrigerator Unit 3 Interior Features: Pantry Unit 3 Parking Features: Open Parking Unit 3 Rooms: Kitchen; Laundry Room Unit 4 Appliances: Microwave; Range; Refrigerator Unit 4 Parking Features: Open Parking Unit 4 Rooms: Kitchen; Laundry Room Contingencies: None Acreage Description: 1/4 To Less Than 1/2 Acre Lot; 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 1470000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 2717
Street Name: Richard
Street Suffix: Road
City Name: West Palm Beach
State Or Province: FL
Postal Code: 33403
Postal Zip: 33403
Subdivision Name: KELSEY ACRES 2
Area: 5260
Geographic Area: PB29
Special Assessment YN: No
Parcel Number: 00434217040000390
Zoning: RM
Directions: Alt. A1A to Richard Rd. go East property on the left side of the road

Financial Information

Tax Annual Amount: 7355.02
Tax Year: 2016
Tax Legal Description: KELSEY ACRES NO 2 LT 39 PB 24 Page 47 *and others see broker comments.*

Status Change Information

Major Change Timestamp: 2017-07-20T12:53:05Z
Major Change Type: Status Change
Status Change Date: 2017-07-20
Under Contract Date: 2017-02-23
Close Date: 2017-07-19
Close Price: 1435000
Buyer Financing: Conventional

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 68780
Gross Income: 229030
Net Operating Income: 153379

Unit 1 Details

Actual Rent: 6720
Baths Full: 6
Furnished: Unfurnished
SqFt: 2425

Unit 2 Details

Actual Rent: 750
Baths Full: Yes
Furnished: Partially
SqFt: 506

Unit 3 Details

Actual Rent: 5986
Baths Full: 5
SqFt: 4008

Unit 4 Details

Actual Rent: 3800
Baths Full: 4
SqFt: 3275

Price Calculations

Current Price To SqFt: 358.03
Original List Price To Close Price: 1.02

Originating Details

Originating System Key: 20161218191602631043000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Flooring

Tile: Yes
Vinyl: Yes
Wood: Yes

Property Condition

Resale: Yes

Documents Available

Accounting Statements: Yes

Tenant Pays

Electricity: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Other: Yes

Heating

Central Individual: Yes
Electric: Yes

Sprinkler Description

Well Sprinkler: Yes
Zoned Sprinkler: Yes

Water Access

None: Yes

Window Features

Blinds: Yes

Construction Materials

Brick: Yes
CBS: Yes
Frame: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Composition: Yes

Water Source

Public: Yes

Source Of Expenses

Books: Yes
Owner Provided: Yes
Pro Forma: Yes

Cooling

Central Individual: Yes
Electric: Yes

Showing Requirements

Call Listing Agent: Yes
See Remarks: Yes

Other Leasing Restrictions

Tenant Approval: Yes

Tax Information

City/County: Yes
No Homestead: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Open: Yes

Contingencies

None: Yes

Unit 1 Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Interior Features

Pantry: Yes
Split Bedroom Plan: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 1 Patio/Porch

Patio/Porch: Yes

Unit 1 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 2 Rooms

Kitchen: Yes

Unit 3 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 3 Interior Features

Pantry: Yes

Unit 3 Parking Features

Open Parking: Yes

Unit 3 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 4 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 4 Parking Features

Open Parking: Yes

Unit 4 Rooms

Kitchen: Yes
Laundry Room: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes
2 To Less Than 3 Acre Lot: Yes

Listing Office: Seawinds Realty

Last Updated: May - 17 - 2026

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2717 Richard Road, West Palm Beach, FL 33403 (MLS# R10292362)