702 50th Street
West Palm Beach, FL 33407
- 4 beds
- 3 baths
- 1,700 sqft
- $282 per sqft
- 1926 build
- – on site
More homes
Introducing a rare opportunity to own a Spanish-style detached triplex in the sought-after area of West Palm Beach. This investment gem offers a current cap rate of 8.61%, making it an attractive option for those looking to enhance their real estate portfolio.Property Highlights:-Three separate rental units present a steady income stream. Unit 1 will be empty by the end of Oct 2024. Unit 2 has a year lease until Sep 2025. Unit 3 has a 6 month lease, until end of March 2025.Monthly Income:Unit 1- $2,100 (expires 10/31/25)Unit 2- $1,450 (9/1/25)Unit 3- $900 (3/31/25)-Built on a 50 x 105 lot, this property showcases classic stucco exterior walls with a durable built-up roof, ensuring long-lasting quality and minimal maintenance.
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Last updated Dec 18, 2024
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MLS# RX-11019438 —
The Building
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Year Built:1926
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Construction:Frame, Stucco
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Stories:1
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Front Exposure:West
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SqFt Total:1700
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SqFt Source:Tax Rolls
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Storm Protection:None
Interior
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Furnished:No
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Interior Features:None
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Master Bedroom/Bath:None
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Flooring:Ceramic Tile, Wood Floor
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Rooms:None
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SqFt Living:1700
Financial & Terms
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Terms Considered:Cash, Conventional
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Terms of Sale:VA
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Short Sale:No
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Possession:At Closing
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HOPA:No Hopa
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Price Per SqFt:$308.82
Location
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Area:5420
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Latitude:26.756554
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Longitude:-80.057797
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Geographic Area:PB20
The Property
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Parcel ID:74434304080570250
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Zoning:SF7(ci
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Type:Single Family Detached
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Lot Description:< 1/4 Acre
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Lot SqFt:5,171 Sqft
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Waterfront:None
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (561) 779-9452
- Office phone:
- (561) 656-2929
Taxes
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Taxes:$3,013.25
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Taxes:City/County
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Tax Year:2023
Beds
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Total Bedrooms:4
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Main Level Bedrooms:4
Baths
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Total Baths:3
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Full Baths:3
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Main Level Baths:3
The Listing
Heating & Cooling
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Heating:No Heat
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Cooling:Ceiling Fan, Electric, Wall-Win A/C
Utilities
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Utilities:Public Sewer, Public Water
Appliances
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Appliances Included:None
The Community
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Subdivision:NORTH PALM BEACH
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Subdivision Amenities:None
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Pets Allowed:No
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Pets on Premises:No
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Restrictions:None
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Governing Bodies:None
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).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/26/24
Nov 26, 2024
|
Sold | BMLS | $480,000 | -8.6% |
|
10/21/24
Oct 21, 2024
|
Sold Subject To Contingencies | BMLS | $525,000 | |
|
9/9/24
Sep 9, 2024
|
Listed / Active | BMLS | $525,000 |
