Closed

Colonial Estates, 500 Franklin Rd West Palm Beach, FL 33405

725,000(-17.24% )
$600,000Price
3,061SqFt

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Details

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Status:
Sold
Parking: No info
Size: 3,061 ft2 / 284 m2
Price: $196 ft2 / $2,110 m2
Type: Multi Family
Built: 1968
HOA: N/A
MLS Number: R11037451
View: Garden
On Site: 180 Days
Updated: 118 Days ago
Page Views: 0
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.

Features

Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Fence,Patio
View: Garden

Price History

01/15/2025

Date

Sold

Event

$600K

Price

-17.24%

Change Rate

$196 ft2 / $2,110 m2

Price Per

12/11/2024

Date

Price Reduced

Event

$725K

Price

-21.62%

Change Rate

$237 ft2 / $2,549 m2

Price Per

11/18/2024

Date

Listed

Event

$925K

Price

$302 ft2 / $3,253 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Lisa TreuTreu Group Real Estate • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$200/ft²
$400/ft²
$600/ft²

Unit 500 Franklin Rd – Asking

$196/ft²

(-42%) from Closed Medium $/ft²

Closed Medium $/ft²

$339/ft²
Community $/Price Range (Closed) $196/ft² – $418/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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