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513-515 47th Street, West Palm Beach, FL – $2,288,000

  • $2.3M Price
  • 2,625 Sqft
  • .12 Acres
  • $2.3M Price
  • 2,625 Sqft
  • .12 Acres

513-515 47th Street

FULLY RENOVATED, 5 UNITS, within 3 SEPARATE BUILDINGS less than two blocks from the intercostal! All new inside and out. Interior has all new vinyl wood flooring, tile, modern kitchens and bathrooms in each unit. All units have Laundry hookups, except studio. New siding/sheathing & moisture barrier, 2 new roofs plus a metal roof, new doors and impact windows. All separate utilities with 5 electric meters, and separate water heaters. Three total buildings: 3 - two bedroom units (includes 2 bedroom separate home); 1 - one bedroom unit (upstairs), and 1 - separate studio unit. All necessary construction permits obtained. Minimum projected rents of $134-146k gross income.

Essential Information

  • MLS® #RX-11022418
  • Price$2,288,000
  • Square Footage2,625
  • Acres0.12
  • Year Built1942
  • TypeCommercial
  • Sub-TypeIncome
  • StyleResident. Multi-Fam.
  • StatusActive

Community Information

  • Address513-515 47th Street
  • Area5420
  • SubdivisionNORTH PALM BCH 1
  • CityWest Palm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33407

Amenities

Utilities

3-Phase Electric, Public Sewer, Public Water

Interior

  • AppliancesBuilding and Land
  • HeatingNo Heat
  • CoolingWall-Win A/C
  • # of Stories2

Exterior

  • Lot Description5 Units
  • RoofMetal, Fiberglass
  • ConstructionWoodside

Additional Information

  • Listing Courtesy ofKW Reserve Palm Beach
  • Date ListedSeptember 19th, 2024
  • ZoningSF7(ci
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Price Change History for 513-515 47th Street, West Palm Beach, FL (MLS® #RX-11022418)

Date Details Change
Price Reduced from $2,590,000 to $2,288,000 $302,000 (11.66%)
Price Reduced from $2,750,000 to $2,590,000 $160,000 (5.82%)

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