33461 Zip Code Real Estate For Sale

The current noi is $53, 548 with a 7.65% cap rate. Build 6 additional units, which will increase the total revenue to $206, 500 and the noi to $185, 400, at a total cost of $1, 901, 500, resulting in a cap rate of 9.75%. Alternatively, you could purchase the property and convert the entire project into 11 units. Discover the potential of this rare 1.25-acre parcel, zoned rm (multi-family, medium density) and located in an unincorporated area. The site may accommodate up to 11 residential units--a prime opportunity for developers or investors seeking a strong growth prospect. Enjoy a strategic location just minutes from i-95, the florida turnpike, and a variety of shopping, dining, schools, and employment hubs..

Charming 2-bedroom, 1-bath single-family home on two spacious lots (0.29 acres total) in palm springs. This home has been nicely renovated, featuring a modern kitchen with updated cabinetry and countertops, refreshed bathroom, and new flooring throughout. With nearly 1, 000 sq ft of move-in ready living space, this detached home offers huge upside—live in it now or rent it out while you build additional units on the second lot. Ideally located just minutes from shopping, dining, parks, schools, and major highways, and only about 10 minutes to the beach, this rare opportunity combines central convenience with multifamily potential in one of palm springs’ most desirable areas. Owner financing available.