Lake Worth, FL 33461
Listed by Realty Associates Florida Prop
Bought with Charles Rutenberg Realty LLC

$575,000

$650,000

11.5%
Est.Price: ?

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Est. payment /mo

9.5 Baths

8,865 SqFt


SOLD DATE : 08/28/2015

Key Details

Sold Price $575,000

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Sold

Purchase Type For Sale

Square Footage 8,865 sqft

Price per Sqft $64

Subdivision Palm Beach Farms Co 7

MLS Listing ID RX-10108099

Sold Date 08/28/15

Year Built 1976

Annual Tax Amount $9,821

Tax Year 2014

Lot Size 1.100 Acres

Property Description

4567 Gulfstream Dr is located in one of the tightest rental markets in Lake Worth, with the lowest vacancy rates. It offers the investor the unique opportunity to own a multifamily rental property in a fast developing market of the Palm beach County. The subject property has a unit-mix of five (5) two-bedroom and 1 1/2 townhouses and one (1) four-bedroom/two bath single family home, very spacious and which can easily be converted into a two(2) two bedroom duplex, all situated on a 1.0965 acre lot. Each unit with central a/c unit, ceramic tile, washer and dryer hook ups. Roof changed around 8 years ago. All townhouses have 2 parking spaces and plenty of guests parking. The single family home has a circular driveway and spacious tiled bedrooms and kitchen. Also it has a large porch area.

Location

State FL

Zoning RM

Interior

Heating Central

Cooling Central

Flooring Carpet, Tile

Fireplaces Type Smoke Detector

Exterior

Community Features None

Utilities Available Cable

Roof Type Comp Shingle

Present Use None

Building

Story 100.00

Others

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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