Closed

Palm Beach Gardens No HOA, 8719 40th Ter, Palm Beach Gardens, FL 33410

550,000(-0.91% )
$545,000Price
1,930SqFt

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Details

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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: 181 Days
Updated: 145 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 ColbyRe/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

      $373/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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