Bought with Partnership Realty Inc.
$2,050,000
$2,250,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
1655 S Florida Mango RD West Palm Beach, FL 33406
12 Baths
7,280 SqFt
Key Details
Sold Price $2,050,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 7,280 sqft
Price per Sqft $281
Subdivision Meadow Park 2
MLS Listing ID RX-11136538
Sold Date 12/24/25
Construction Status Resale
Year Built 1969
Annual Tax Amount $23,091
Tax Year 2024
Lot Size 0.560 Acres
Property Sub-Type MultiFamily (5+ Units)
Property Description
Excellent investment opportunity featuring a 12-unit multifamily property with all 1-bedroom, 1-bathroom units. Each unit has a separate electric meter; the landlord pays for water, common area electric, and lawn maintenance. On-site coin laundry with two newer washers and dryers provides additional income. Most tenants are long-term with below-market rents, offering strong upside potential.
Location
State FL
County Palm Beach
Area 5470
Zoning RH
Interior
Heating Electric
Cooling Electric, Wall-Win A/C
Flooring Tile
Fireplaces Type Smoke Detector
Exterior
Community Features Presently Leased
Utilities Available Electric, Public Water, Separate Meter, Septic
Waterfront Description Lake
Roof Type Comp Rolled,Comp Shingle
Present Use Presently Leased
Building
Story 7280.00
Foundation CBS
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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