License #: BK451601


Property Showcase

4037 Davis RoadPalm Springs, FL 33461

$929,000
Multi-Family
Status: Off Market
  • Sqft:1,865
  • Lot:50,965 sq ft
  • MLS#: RX-10489995
26.61713981628418-80.097824096679688
Courtesy Of Maria Walden, BitRealty

Description:

Incoming producing property offering 10 % ROI. The property is located in the heart of Palm Beach County. Situated on 1.17 acres of land and zoned for 16 units (Ask the listing agent for more details about a development opportunity). Currently the property is 100% occupied and comprised of 11 mobile homes, 1 single family house, and 1 duplex. The mobile homes convey to the new buyer, the house is 1 bedroom 1 bathroom and the duplex are 1 bedroom and 1 bathroom each. The property also has 16 electric meters, 2 water meters, and 2 septic tank systems. There are also 2 additional pads for added revenue to the new owner. Please do not disturb the tenants or go on the property without listing agent.

Main Features:

Listing Status Off Market Year Built 1930
Floors 1.0 County Palm Beach
Taxes $10,669.20 Tax Year 2017
Rental Price $0 Units 16
Zoning UI Subdivision Palm Beach Farms Co 7

Additional Features:

Board 20130226145814973105000000
Community Features None
Construction Frame/Stucco
Manufactured
Modular
Contingency Type Inspection
Cooling Other
Documents Available Accounting
Expenses Information Owner
Exterior Features None
Flooring Other
Furnished No
Heating Other
HOA $0.00
Lot Description 1 to < 2 Acres
Multiple Offers Accepted Yes
Parking Per Unit Space Parking
Possession Funding
Private Pool No
Reo No
Restrictions None
Roof Other
Separate Electric Meter Yes
Separate Water Meter No
Short Sale N/A
No
Taxes Info City/County
Tenant Pays Electric
Terms Cash
Type Duplex
Unit Description A/C Unit
Utilities Public Water
Septic
Waterfront No
None
Year Built Description Resale

Extra Features:

Annual Expenses 28600.00 Gross Income 123000.00
Legal Description PALM BEACH FARMS CO PL 7 LT B & N 30 FT OF LT C BLK 9 MLSSystem ID 20130226145814973105000000
Net Operating Income 94400.00 Sale Or Rent Resale
SQFT Source Tax Rolls Square Footage Total 1965.00
Tax ID 00434430010090020

Beaches MLS Logo

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Beaches Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. © 2019 BeachesMLS, Inc.
Information deemed reliable but not guaranteed.
Copyright© 2019 BeachesMLS . All Rights Reserved.
Last Updated On: 10/17/2019 9:34:57 PM

4037 Davis Road, Palm Springs, FL 33461

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Beaches MLS Logo

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Beaches Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. © 2019 BeachesMLS, Inc.
Information deemed reliable but not guaranteed.
Copyright© 2019 BeachesMLS . All Rights Reserved.
Last Updated On: 10/17/2019 9:34:57 PM

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