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1302 FLORIDA AVE West Palm Beach, FL 33401

$870,000

Listed By Gray Welton, NV Realty Group, LLC

Bedrooms

Total Baths

Full Baths

1,830

Square Feet

0.15

Acres

1925

Year Built

Coming Soon

Status

MLS#

RX-10833960

IMMEDIATE INCOME PRODUCING OPPORTUNITY. This 7 bedroom, 4 bathroom is Zoned for multi-family housing, perfect for an Airbnb investor, but is currently being used as single family producing just over $5200 a month with plenty of room to increase. 135x50 Corner Lot located in the highly desirable neighborhood of Grandview Heights, 2 blocks away from Downtown West Palm Beach, restaurants, shops, bars, minutes from the water, and everything that WPB has to offer. Oversized large backyard, fully fenced ready for a pool, or another personal/rental cottage; UP TO 1400sf. Currently college housing for PBA students with plenty of room to increase rent. Roof-2016, hurricane Panels-2018, Water Heater-2019, A/C-2021, Condenser-2016 . TONS of opportunity for this investment opportunity. Live in the cottage, rent the main home, or even turn the main home into a 7 room airbnb! LOCATION Build your dream single family home and collect rent while waiting for your architect and permits, continue to rent to college students, build an extra building and or cottage in the back, air bnb... the list goes on. This house is perfect for the Unlimited potential of rental opportunities. Recent 3-mo home sales in neighborhood in the $600-$900 sq/ft range.

Details

Year Built
1925
Parking
No Info
Price / Sq Ft
$475
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
3 Days
Acres
0.15

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office NV Realty Group, LLC, (561) 721-2626

MLS# RX-10833960

Updated 7:20AM - 9/25/2022

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2022 BeachesMLS, Inc.

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