Closed

Colonial Estates, 518 AND 524 Palmetto St West Palm Beach, FL 33405

550,000(-2.73% )
$535,000Price
1,632SqFt

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Details

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Status:
Sold
Size: 1,632 ft2 / 152 m2
Price: $328 ft2 / $3,529 m2
Type: Multi Family
Built: 1940
MLS Number: F10462648
On Site: 236 Days
Updated: 131 Days ago
Page Views: 0
518 and 524 palmetto st. Turnkey and income producing property in highly desireable colonial estates. This investment opportunity includes 2 separate buildings, both fully rented. The first building is a 2 bedroom, 1 bathroom single family home. The second building is a 2 bedroom, 2 bathroom single family home. This investment offers true flexibilty. It can be used as a long term rental property or the location would make a great short term rental property. For a lower down payment, the owner can occupy one of the buildings and realize huge rewards. There are so many possibilities with this inome producing opportunity. Professionally managed and well maintained since the current owners purchased means very little hassle for the new owner(s). Separate laundry area shared by both units.

Features

Bedrooms
Bathrooms
Exterior and Lot Features

Price History

12/30/2024

Date

Sold

Event

$535K

Price

-2.73%

Change Rate

$328 ft2 / $3,529 m2

Price Per

09/20/2024

Date

Listed

Event

$550K

Price

$337 ft2 / $3,628 m2

Price Per

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

Listed by Joseph MirandaMiranda Executive Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$200/ft²
$400/ft²
$600/ft²

Unit 518 AND 524 Palmetto St – Asking

$328/ft²

(-3%) 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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