721 51st Street #721 & 723
West Palm Beach, FL 33407
840 sqft | 0.12 acres | #RX-11104059
Description
Don't miss this excellent investment opportunity! Whether you're a seasoned investor, or looking to expand your portfolio, this is a rare chance to secure a high-potential asset in a growth area. Some of the plumbing has been updated in 2023, New roof in 2020, Separate electrical meters, Screened tenants turn key, Three impact windows on 1st floor, Three miles away from the beach and I-95, and located in a federally designated Opportunity Zone offering significant tax advantages for investors. This property sits on a large lot providing flexibility. Zoning allows for an additional single-family home with multi-family usage giving you the opportunity to potentially double or even triple your cash flow. * Please always check zoning with the city/county*
Property Details
- Utility FeaturesCable Connected, Electricity Connected, Public Sewer, Public Water
- Lot Features< 1/4 Acre, Freeway Access, Paved Road, Public Road
- Lot Description< 1/4 Acre, Freeway Access, Paved Road, Public Road
- Exterior FeaturesCovered Balcony, Fence, Open Balcony
- Exterior MaterialsCovered Balcony, Fence, Open Balcony
- Elementary SchoolWest Riviera Elementary School
- Middle SchoolJohn F. Kennedy Middle School
- High SchoolPalm Beach Lakes High School
- CoolingCeiling Fan, Electric
- SubdivisionNORTH PALM BCH 4
- ZoningSF7—SINGLE-FAMI
- Property TypeMulti-Family
- RoofComposition
- MLS #RX-11104059
- MLS #RX-11104059
- CountyPalm Beach
- Original List Price$410,000
- Taxes Annual$3,904
- Cost410000
- Property SubtypeDuplex
- Acres0.12
- Lot Size (sqft)5227
- Year Built1926
- Square Feet840
- Stories2
- Fence1
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Lucil Gustave (#276802555)
Listing Office: Century 21 Tenace Realty (#608170)
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