Closed

Inlet City, 748 Dr Martin Luther King Jr Blvd, Riviera Beach, FL 33404

525,000(-4.76% )
$500,000Price
1,925SqFt

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Details

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Status:
Sold - Jul 30, 2024
Size: 1,925 SqFt (179 m2)
Price: $260/SqFt ($2,796/m2)
Type: Multi Family
Built: 1982
MLS Number: A11554881
On Site: 501 Days
Updated: 367 Days ago
Page Views: 0
Vacant*income property $48k++ a year*4 bed/4 full bath duplex close to downtown west palm beach*almost 2,000 sqft*private concrete parking lot for units*fully fenced*renovated*new roof*updated hvac*2 units*each unit features 2 bedrooms & 2 full bathrooms, open kitchen with large living room*rents are strong in the area*ability to increase with area rents at $2000 to $2,200*surrounding county improvements of roads & sidewalks*separately metered*no hoa*close to intercoastal & the beach*close to bright/amtrak train station & bus routes*multifamily next door sold at $630k with similar square footage*broker/owner*2 day emd*6 day inspection*30 day close*proof of funds
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1982
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-03-21T17:02:57.000-00:00
          Taxes, Fees & More
          • Taxes: 3413

          Price History

          07/30/2024

          Date

          Sold

          Event

          $500K

          Price

          -4.76%

          Change Rate

          $260 ft2 / $2,796 m2

          Price Per

          05/01/2024

          Date

          Price Increased

          Event

          $525K

          Price

          6.06%

          Change Rate

          $273 ft2 / $2,936 m2

          Price Per

          03/21/2024

          Date

          Listed

          Event

          $495K

          Price

          $257 ft2 / $2,768 m2

          Price Per

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

          Listed by Amy StanleyInvesty Realty, LLC. • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $100/ft²
          $300/ft²
          $500/ft²

          Unit 748 Dr Martin Luther King Jr Blvd – Asking

          $260/ft²

          (0%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $260/ft²
          Community $/Price Range (Closed) $146/ft² – $333/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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