Interior
- Bathrooms
- 0
- Living area
- 1,513 sq ft
- Flooring
- Hardwood, Other, Tile, Wood
- Cooling
- Central Air, Ceiling Fans, Wall Window Units
- Heating
- Central, Heat Pump, Wall Furnace
- Interior features
- Main Living Area Entry Level
Active · Triplex
$745,000
521 48th Street, West Palm Beach, FL 33407
- Beds
- —
- Baths
- 0
- Living area
- 1,513 sq ft
- $ / sq ft
- $492/sq ft
- Year built
- 1926
- Lot size
- 6,826 sq ft
- HOA fee
- —
- Annual tax
- $6,153
About this property
Turnkey triplex just one block from the Intracoastal offering an incredible investment opportunity in a prime South Florida location. Freshly painted inside and out with new flooring throughout, updated kitchens and bathrooms, and hurricane impact windows for added value and peace of mind. New A/C units. Clean modern interiors with spacious layouts make this property truly move in ready and ideal for immediate rental income. Perfect for investors looking for a low maintenance property with strong income potential or an owner occupant seeking a house hack opportunity. Conveniently located near downtown, beaches, shopping, dining, and waterfront activities. Front duplex can be made into 2/1s. A rare opportunity to own a fully updated multi family property in a rapidly growing coastal area.
Property location
Get Directions521 48th Street, West Palm Beach, FL 33407
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Facts & features
Exterior & Structure
- Property type
- Triplex
- Year built
- 1926
- Stories
- 1
- Lot size
- 6,826 sq ft
- Architectural style
- One Story
- Roof
- Composition
- Construction
- CBSConcrete Block Structure, Block, Frame, Stucco
- Exterior features
- Courtyard, Fence, Patio
- Pool
- None
- View
- Garden
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Pets allowed
- No
- Annual tax
- $6,153
- Subdivision
- NORTH PALM BCH 1
- County
- Palm Beach
- Days on market
- 129
- MLS listing ID
- B26028551
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$184
- Cap rate
- 5.4%
- Net yield
- 5.4%
- Cash-on-cash return
- -1.1%
- Gross yield
- 7.7%
- Mortgage payment
- $3,532/mo
- Down payment
- $186,250
- Loan amount
- $558,750
- Annual NOI
- $40,170
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.