South Florida
Closed
Palm Beach Gardens No HOA, 8719 40th Ter, Palm Beach Gardens, FL 33410
550,000(-0.91% )
Details
Save
Status:
Sold - Mar 10, 2025
Size: 1,930 SqFt (179 m2)
Price: $282/SqFt ($3,040/m2)
Type: Multi Family
Built: 1969
HOA: N/A
MLS Number: R11058894
View: Other,Water
On Site: 202 Days
Updated: 167 Days ago
Page Views: 0
Welcome to this completely remodeled duplex nestled on a spacious 0.44-acre lot in the heart of palm beach gardens. This stunning property offers a fantastic opportunity for both investors and owner-occupants, featuring two fully renovated 2-bedroom, 1-bathroom units with modern upgrades throughout. Recently updated in 2022, the home boasts a new metal roof, a fully remodeled interior, and brand-new windows, ensuring durability and energy efficiency. One unit is currently rented at $2,200/month, well below the market rate of $2,400 per unit, presenting the potential for an impressive 8% return. The second unit is vacant, making it perfect for an owner looking to live in one unit while renting the other or for an investor seeking a high-performing rental property. As you arrive, you'll be
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Fence, Porch, RoomForPool, Shed
- View: Other,Water
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: CentralAir,Electric
Building and Construction
- Floor Description: Tile
- Windows/Treatment: Blinds
- Year Built: 1969
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: Grove Park
- Middle School: John F. Kennedy (Palm Beach)
- Senior High School: Palm Beach Gardens
Other Property Info
- Listing Date: 2025-02-04T09:48:17.000-00:00
Taxes, Fees & More
- Taxes: 7636
- Total Units in Building: 2
Price History
03/10/2025
Date
Sold
Event
$545K
Price
-0.91%
Change Rate
$282 ft2 / $3,040 m2
Price Per
02/04/2025
Date
Listed
Event
$550K
Price
$285 ft2 / $3,067 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Brett Colby • Re/Max Direct • Buyer Agency Compensation .
Instant Comps
$100/ft²
$600/ft²
$1,200/ft²
$1,900/ft²
Unit 8719 40th Ter – Asking
$282/ft²
(-24%) from Closed Medium $/ft²
Closed Medium $/ft²
$371/ft²
Community $/Price Range (Closed) $247/ft² – $1712/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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