1718 Ridge Road, North Palm Beach, FL 33408 — MLS photo

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1718 Ridge Road, North Palm Beach, FL 33408

Active · Duplex

$795,000

1718 Ridge Road, North Palm Beach, FL 33408

Beds
—
Baths
0
Living area
1,590 sq ft
$ / sq ft
$500/sq ft
Year built
1982
Lot size
—
HOA fee
—
Annual tax
$8,463

About this property

Discover this duplex nestled in North Palm Beach in a non-HOA community, conveniently located from PGA Blvd and minutes to the beach.Featuring a new electrical panel and updated finishes throughout, this well-maintained two-unit property offers private back patios for each unit, in-unit washers and dryers, ample parking, and an attached garage. With an efficient layout that maximizes the available square footage, it presents an excellent opportunity for investors or buyers seeking multiple income streams in a rapidly growing community. May be sold together with parcel 00434204000003861.

Property location

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1718 Ridge Road, North Palm Beach, FL 33408

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Facts & features

Interior

Bathrooms
0
Living area
1,590 sq ft
Flooring
Vinyl
Cooling
Central Air
Heating
Central, Electric
Interior features
Main Living Area Entry Level

Exterior & Structure

Property type
Duplex
Year built
1982
Stories
1
Architectural style
One Story, Twin Home, Duplex
Roof
Composition
Construction
Block, Stucco
Exterior features
Fence, Lighting, Patio
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Pets allowed
No
Annual tax
$8,463
Subdivision
ZIMMERMAN NICHOLAS SUB
County
Palm Beach
Days on market
133
MLS listing ID
B26037932
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

-$395

Cap rate
5.1%
Net yield
5.1%
Cash-on-cash return
-2.1%
Gross yield
7.6%
Mortgage payment
$3,769/mo
Down payment
$198,750
Loan amount
$596,250
Annual NOI
$40,490

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