$500,000
$525,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
748 Dr Martin Luther King Jr Blvd Riviera Beach, FL 33404
1,925 SqFt
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,925 sqft
Price per Sqft $259
Subdivision Inlet City
MLS Listing ID A11554881
Sold Date 07/30/24
Construction Status Resale
HOA Y/N No
Year Built 1982
Annual Tax Amount $3,413
Tax Year 2023
Contingent Pending Inspections
Property Description
VACANT*INCOME PROPERTY $48K++ A YEAR*4 BED/4 FULL BATH DUPLEX CLOSE TO DOWNTOWN WEST PALM BEACH*ALMOST 2,000 SQFT*PRIVATE CONCRETE PARKING LOT FOR UNITS*FULLY FENCED*RENOVATED*NEW ROOF*UPDATED HVAC*2 UNITS*EACH UNIT FEATURES 2 BEDROOMS & 2 FULL BATHROOMS, OPEN KITCHEN WITH LARGE LIVING ROOM*RENTS ARE STRONG IN THE AREA*ABILITY TO INCREASE WITH AREA RENTS AT $2000 TO $2,200*SURROUNDING COUNTY IMPROVEMENTS OF ROADS & SIDEWALKS*SEPARATELY METERED*NO HOA*CLOSE TO INTERCOASTAL & THE BEACH*CLOSE TO BRIGHT/AMTRAK TRAIN STATION & BUS ROUTES*MULTIFAMILY NEXT DOOR SOLD AT $630K WITH SIMILAR SQUARE FOOTAGE*BROKER/OWNER*2 DAY EMD*6 DAY INSPECTION*30 DAY CLOSE*PROOF OF FUNDS
Location
State FL
County Palm Beach County
Community Inlet City
Area 5400
Direction AT THE END OF THE SERVICE ROAD, GATED PRIVATE ENTRANCE DRIVEWAY
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 56434232010210220
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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