A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
Size: 2,156 SqFt (200 m2)
Price: $255/SqFt ($2,746/m2)
Type: Multi Family
Built: 1925
MLS Number: F10512881
On Site: 272 Days
Updated: 27 Days ago
Page Views: 0
Discover A Rare Opportunity To Own A Value-add Quadplex In The Heart Of West Palm Beach. 3 Of The 4 Units Are Currently Rented Under Market Value, Generating A Total Monthly Income Of $3,750 With Individual Rents Of $1,200, $1,250, And $1,300. Upside Is Huge For The Experienced Investor, With Updated 2 Bed Rentals In The Area Fetching Over $1700 Per Month. 10 Minutes From Downtown, The Beach, Worth Avenue, And So Much More, This Property Is Perfectly Positioned To Capitalize On Some Forced Appreciation In Addition To The Area's Rapid Growth And Natural Market Appreciation. With The Palm Beach International Airport Nearby, This Location Attracts A Diverse Range Of Tenants, Ensuring Strong Rental Demand. Drive-by Viewings Only Until Receiving A Qualified Offer. Please Do Not Disturb Tenants.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Balcony
Interior, Heating and Cooling
Heating Description: None,SeparateMeters
Cooling Description: WallWindowUnits
Building and Construction
Floor Description: CeramicTile
Year Built: 1925
Waterfront and Water Access
Waterfront Frontage: No info
School Information
Other Property Info
Listing Date: 2025-07-08T20:00:00.000-00:00
Taxes, Fees & More
Maintenance Includes: Trash
Taxes: 6392
Real Estate Taxes: 284591
Total Floors in Building: 1
Total Units in Building: 4
Total Units in Complex: 44
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