South Florida
Closed
Royal Palm Estates, 5655 Mango Rd, West Palm Beach, FL 33413
950,000(-3.68% )
$915,000Price
3,600SqFt
Save
Details
Save
Status:
Sold - May 08, 2023
Size: 3,600 SqFt (334 m2)
Price: $254/SqFt ($2,736/m2)
Type: Multi Family
Built: 1981
MLS Number: A11347603
On Site: 883 Days
Updated: 812 Days ago
Page Views: 0
Excellent investment opportunity! This property is currently at a 5.5% cap rate with the potential to go above 8% cap. This amazing fourplex is located in royal palm beach county. Minutes from downtown west palm beach - dining, shopping, and entertainment including the world-renowned kravis theater. Beautiful florida beaches within a 5-minute driving distance and more! Each unit has 2 parking spaces, 2 bedrooms, 1 bath, and a large backyard. This property is fully rented below market rent; the new owner will have the chance to even increase the rent and receive more than 8% cap.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Other
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Carpet
- Year Built: 1981
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2023-03-02T16:34:57.000-00:00
Taxes, Fees & More
- Taxes: 10669
Price History
05/08/2023
Date
Sold
Event
$915K
Price
-3.68%
Change Rate
$254 ft2 / $2,736 m2
Price Per
02/23/2023
Date
Listed
Event
$950K
Price
$264 ft2 / $2,840 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Orelvys Sanabria • Coldwell Banker Realty • Buyer Agency Compensation .
Instant Comps
$100/ft²
$200/ft²
$400/ft²
$600/ft²
Unit 5655 Mango Rd – Asking
$254/ft²
(-25%) from Closed Medium $/ft²
Closed Medium $/ft²
$338/ft²
Community $/Price Range (Closed) $267/ft² – $424/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.
THINKING OF SELLING IN Royal Palm Estates at West Palm Beach?
Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.
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