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, West Palm Beach, FL 33414 (MLS# R10322310)

West Palm Beach, FL 33414

$490,000
Property Type: Commercial Sale Square Footage: 4,592 Status: Closed
Current Price: $490,000 List Date: 4/26/2017 Last Modified: 5/29/2026

Overview

Description

Great investment opportunity in Central Palm Beach County.

Listing Details MLS# R10322310

General Property Information

Property Sub Type
Multi Family
Number Of Units Total
5
Building Area Main
4592
Building Area Source
Public Records
Year Built
1978
Lot Size Area
25700.4
Lot Size Acres
0.59
Stories
2

Property Features

Flooring: Carpet; Tile Heating: Central Location of Property: Subdivision Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building; Land Tenant Pays: Cable TV; Electricity; Sewer; Water Construction Materials: Frame; Stucco Cooling: Central Air Listing Terms: Cash; Conventional Lot Features: Landscaped Roof: Composition Security Features: Smoke Detector(s) Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent; Occupied Contingencies: Appraisal; Financing

Contract Information

Comp Sale YN
No
Original List Price
550000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
City Name
West Palm Beach
State Or Province
FL
Postal Code
33414
Geographic Area
PB21
Zoning
RM
Directions
Take Southern Blvd West to Military Trail. Head South on South on Military to Gardenette Road.
Property Description
5 unit Apt Complex

Financial Information

Tax Annual Amount
5194.77
Tax Year
2016
Tax Legal Description
01-44-42, E 157 FT OF W 316 FT OF S 1/2 OF NE 1/4 OF SW 1/4 (LESS N 111.04 FT, S 371.06 FT & W 20 FT NEIL RD R/W)

Status Change Information

Major Change Timestamp
2017-06-22T21:02:39Z
Major Change Type
Status Change
Status Change Date
2017-06-22
Under Contract Date
2017-05-13
Close Date
2017-06-22
Close Price
490000
Buyer Financing
Conventional

More Information

Building and Property Details

# Of Toilets
7
% Air Conditioned
100
Maximum Ceiling Height
10

Income and Expenses

Gross Income
47400
Insurance Expense
5000
Net Operating Income
36206
Operating Expense
11194
Real Estate Taxes
5000
Utilities Expense
974

Description of Unit Type 1

Unit Type
1 Bedroom
Full Baths
Yes
Annual Rent
650

Description of Unit Type 2

Unit Type
2 Bedroom
Full Baths
Yes
Annual Rent
750

Description of Unit Type 3

Unit Type
2 Bedroom
Full Baths
Yes
Annual Rent
750

Description of Unit Type 4

Unit Type
3 Bedroom
Full Baths
2
Annual Rent
900

Description of Unit Type 5

Unit Type
3 Bedroom
Full Baths
2
Annual Rent
900

Price Calculations

Current Price To SqFt
106.7
Original List Price To Close Price
1.12

Originating Details

Originating System Key
20170403135851662371000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Flooring

Carpet
Yes
Tile
Yes

Property Condition

Resale
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Sewer
Yes
Water
Yes

Location of Property

Subdivision
Yes

Possession

Close Of Escrow
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes

Sale Includes

Building
Yes
Land
Yes

Construction Materials

Frame
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Landscaped
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes

Showing Requirements

Call Listing Agent
Yes
Occupied
Yes

Contingencies

Appraisal
Yes
Financing
Yes
Listing Office: RE/MAX Prestige Realty/RPB
IDX
Last Updated: May - 29 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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