3509 Pinewood Avenue Unit 1-2
West Palm Beach, FL 33407
- – beds
- – baths
- 1,474 sqft
- $257 per sqft
- 1926 build
- – on site
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Lucrative investment opportunity, nestled next to the enchanting Northwood Historic district. This remarkable duplex boasts two separate buildings, providing an incredible chance for investors to capitalize on its potential. The first bldg features 3 bedrooms and 1 bathrooms, commanding a monthly rent of $1,700. The second bldg is equipped with 2 bedrooms and 1 bathroom, also leasing at $1,700 per month. Unit 1 is vacant Unit 2 is currently occupied by long-term tenants, offering immediate income with the possibility to raise rents to market value. Bldg 1's true potential shines with a market rent of $2,500, while Bldg 2 can command an impressive $2,000 per month.What makes this opportunity even more enticing is its location within an Opportunity Zone designation
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Last updated Dec 12, 2024
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MLS# RX-10901536 —
The Building
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Year Built:1926
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Unit #:1-2
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Total Units in Bldg:2
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SqFt Total:1558
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SqFt Source:Tax Rolls
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Separate Water Meters:No
Interior
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SqFt Living:1474
Financial & Terms
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Terms of Sale:Other
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Short Sale:No
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HOPA:No Hopa
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Price Per SqFt:$271.37
Location
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Directions:N Australian ave to 36th St, left onto pinewood ave
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Area:5420
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Latitude:26.744566
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Longitude:-80.059164
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Geographic Area:PB20
The Property
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Type:Duplex
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Parcel ID:74434309050540270
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Zoning:SF7(ci
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Lot SqFt:5,001 Sqft
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (561) 678-5584
- Office phone:
- (561) 966-4000
Taxes
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Taxes:$2,942.49
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Tax Year:2022
The Listing
The Community
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Subdivision:NORTHWOOD ADD
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Pets on Premises:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/1/24
Mar 1, 2024
|
Sold | BMLS | $380,000 | -5.0% |
|
1/31/24
Jan 31, 2024
|
Sold Subject To Contingencies | BMLS | $400,000 | |
|
1/16/24
Jan 16, 2024
|
Price Changed | BMLS | $400,000 | -11.1% |
