1310 Florida Avenue, West Palm Beach, FL 33401 — MLS photo

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1310 Florida Avenue, West Palm Beach, FL 33401

Active · Condominium

$1,227,000

1310 Florida Avenue, West Palm Beach, FL 33401

Beds
—
Baths
0
Living area
2,052 sq ft
$ / sq ft
$598/sq ft
Year built
1925
Lot size
6,696 sq ft
HOA fee
—
Annual tax
—

About this property

Income producing multi-family property located in desirable Grandview Heights, in very close proximity (Walking Distance) to City Place and Downtown West Palm Beach. This Property consists of a 3 Bedroom House fronting on Florida Ave, a 1 Bedroom Cottage, and a 2 Story Duplex fronting on Alabama Street. 6 Bedrooms, 4 Bathrooms, Off-street parking in the rear of the property, Separate Electric Meters. Property also features a Laundry Room, with coin operated machines. All units rented with long term tenants. Great Investment Opportunity! All figures approximate.

Property location

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1310 Florida Avenue, West Palm Beach, FL 33401

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Facts & features

Interior

Bathrooms
0
Living area
2,052 sq ft

Exterior & Structure

Property type
Condominium
Year built
1925
Lot size
6,696 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
B26037690
Listing status
Active

Investment intelligence

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

-$2,114

Cap rate
3.6%
Net yield
3.6%
Cash-on-cash return
-7.4%
Gross yield
6.9%
Mortgage payment
$5,817/mo
Down payment
$306,750
Loan amount
$920,250
Annual NOI
$44,432

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.