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Multifamily in West Palm Beach, FL 33405Colonial Estates, 500 Franklin Rd
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Beds
3,061
SqFt$196
$/SqFtSold - Jan 15, 2025
Premium Multifamily
Built in 1968
Garden View
Outdoor Living Area
WHAT AN OPPORTUNITY ! Incredible Tri-Plex investment opportunity! This property offers a single-level 2/1 unit stucco const. featuring tile floors, a private patio, and a dedicated laundry room, alongside two spacious townhouse-style 3/2 units with CBS const.
The townhouse units boast one bedroom downstairs, two bedrooms and two baths upstairs, tile flooring throughout, and a welcoming open living/dining area with rear patios for outdoor enjoyment. The 6407 unit's kitchen has been updated. All units come equipped with washers and dryers. Long-term, reliable, month to month tenants currently occupy the units. Conveniently located just west of US 1 and north of Forest Hill Blvd., providing quick access to shopping, dining, and the vibrant downtown West Palm Beach area.
MLS Number: R11037451
On Site: 692 Days
Updated: 26 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: OutdoorLivingArea
- View: Garden
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: CentralAir, CeilingFans
Building and Construction
- Floor Description: Carpet,CeramicTile
- Windows/Treatment: Metal,SingleHung
- Construction Type: Triplex
- Year Built: 1968
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: South Olive
- Middle School: Conniston Community
- Senior High School: Forest Hill
Other Property Info
- Listing Date: 2024-11-15T13:25:15.000-00:00
Taxes, Fees & More
- Maintenance Includes: MaintenanceGrounds, PestControl
- Taxes: 11004.2
- Total Units in Building: 3
- Total Units in Complex: 2
Apples-to-Apples Comparables
Price History
Current
$600K
High
$925K
Low
$600K
Total Change
-35.1%Date
Event
Price
Change
Price Per
01/15/2025
Sold
$600K
-17.24%$196 ft2
$2,110 m2
12/11/2024
Price Reduced
$725K
-21.62%$237 ft2
$2,549 m2
11/18/2024
Listed
$925K
$302 ft2
$3,253 m2
01/15/2025
$600K
Event
Sold
Change
-17.24%Price Per
$196 ft2
$2,110 m2
12/11/2024
$725K
Event
Price Reduced
Change
-21.62%Price Per
$237 ft2
$2,549 m2
11/18/2024
$925K
Event
Listed
Price Per
$302 ft2
$3,253 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Lisa Treu • Treu Group Real Estate • Buyer Agency Compensation .
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Scores
76
100
34
100
62
100
Community Snapshot
2 – 4 BR
Bedrooms
$465K – $699K
Price Tier
810 - 3,814
SqFt Range
1929
Year Build
1
Total Floors
Subdivision Amenities
None
Sidewalks
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Ultra Luxury34
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Ultra Luxury
Ultra Luxury 17
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High-End
High-End 11
Mid-Tier
Mid-Tier 3
Premium
Premium 3
Entry-Level
Entry-Level 3
Inactive Segment
Inactive Segment 3
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