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524 Palmetto St, West Palm Beach, FL – $550,000

  • $550k Price
  • 1,632 Sqft
  • $550k Price
  • 1,632 Sqft

524 Palmetto St

518 and 524 Palmetto St. Turnkey and income producing property in highly desireable Colonial Estates. This investment opportunity includes 2 separate buildings, both fully rented. The first building is a 2 bedroom, 1 bathroom single family home. The second building is a 2 bedroom, 2 bathroom single family home. This investment offers true flexibilty. It can be used as a long term rental property or the location would make a great short term rental property. For a lower down payment, the owner can occupy one of the buildings and realize huge rewards. There are so many possibilities with this inome producing opportunity. Professionally managed and well maintained since the current owners purchased means very little hassle for the new owner(s). Separate laundry area shared by both units.

Essential Information

  • MLS® #F10462648
  • Price$550,000
  • Bathrooms0.00
  • Square Footage1,632
  • Year Built1940
  • TypeResidential Income
  • Sub-TypeDuplex
  • StyleRanch, Detached
  • StatusActive-Available

Community Information

  • Address524 Palmetto St
  • Area5430
  • SubdivisionColonial Estates
  • CityWest Palm Beach
  • CountyPalm Beach County
  • StateFL
  • Zip Code33405-4014

Amenities

  • Parking Spaces6

Interior

  • HeatingHeat Pump/Reverse Cycle
  • CoolingCentral Cooling, Ceiling Fans
  • # of Stories1
  • Stories1

Exterior

  • Lot DescriptionLess Than 1/4 Acre Lot
  • RoofComp Shingle Roof

Construction

Aluminum Siding, Frame Construction

Additional Information

  • Listing Courtesy ofMiranda Executive Realty
  • ZoningSF7
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