$2,495,000
West Palm Beach, FL 33401
MLS# RX-10984337
3664 sqft
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Property Description
This phenomenal six-unit condominium building with EIGHT bedrooms and EIGHT baths total, in coveted Grandview Heights neighborhood is conveniently located right behind the Convention Center across Okeechobee Blvd. from City Place, The Kravis Center, and in a walking distance from Howard Park. The property features a 2016 roof, full-impact windows, and new/newer HVACs & appliances. Four of the condos feature great 1-bedroom layouts while the other two are spacious 2-bedroom units. Sold fully finished featuring beautiful granite countertops and stunning marble flooring. Currently serving as annual rentals with the ability to be used as vacation rentals. All the units come fully furnished and equipped with electronic locks that can be easily changed for each. The building comes with 10 parki
Details
Maps
Contract Information
Listing Date: 2024-05-03
Status: Active
Original List Price: 2495000
Auction: No
List Price: $2,495,000
Current Price: $2,495,000
List Price/SqFt: 680.95
Comm/Non-Rep: 0.0%
Comm/Buyer Agent: 2%
Comm/Trans Brk: 2%
General Property Description
Type: Quad Plex
Structure Type: Condominium
Total # of Units: 6
Property Condition: Resale
Year Built: 1972
Number of Stories: 2
SqFt - Total: 4620
SqFt - Living: 3664
SqFt Source: Owner
Gated Community: No
Homeowners Assoc: None
Directions: From I95 - Okeechobee Blvd. east. Right on Parker Ave. Left on Park Pl. Left on Lake Ave. Right on N St.
Subdivision: 720 N STREET CONDO
Development Name: 720 N Street Condominiums
Lot Dimensions: 149.97 x 50
Waterfront: No
Private Pool: No
Spa: No
Pets on Premises: No
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location, Tax & Legal
Area: 5430
Geo Area: PB20
Country: United States
County: Palm Beach
Parcel ID: 74434328290000010
Street #: 720
Street Name: N
Street Suffix: Street
Unit #: 1-6 (Entire Building)
State/Province: FL
Zip Code: 33401
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Legal Desc: 720 N STREET CONDOMINIUM UNIT 1,2,3,4,5,6
Zoning: MF14(c
Tax Year: 2023
Taxes: 20081.91
Special Assessment: No
Elementary School: Palm Beach Public
Middle School: Conniston Middle School
High School: Forest Hill Community High School
Geo Lat: 26.70239
Geo Lon: -80.058857
Office/Member Info
DXORIGMLNO: RX-10984337
DXORIGMLSID: RML
Unit 1 Info
Bedrooms: 1
Full Bath: 1
Furnished: Yes
SqFt: 575
Monthly Income: 1875
Lease Ends: 2025-03-31
Unit 2 Info
Bedrooms: 1
Full Bath: 1
Furnished: Yes
SqFt: 575
Monthly Income: 1975
Lease Ends: 2024-06-03
Unit 3 Info
Bedrooms: 2
Full Bath: 2
Furnished: Yes
SqFt: 975
Monthly Income: 2495
Lease Ends: 2024-09-30
Unit 4 Info
Bedrooms: 1
Full Bath: 1
Furnished: Yes
SqFt: 575
Monthly Income: 1875
Lease Ends: 2024-05-31
Income & Expenses
Gross Operating Inc: 144353.33
Annual Total Expense: 50455
Annual Net Oper Inc: 93898.33
Property Features
Source of Expenses: Books
Construction: CBS
Waterfront Details: None
View: Garden
Unit 1 Desc: Dishwasher; Dryer; French Doors; Kitchen; Range - Electric; Refrigerator; Washer
Unit 1 Parking: Open Parking; Space Parking
Unit 2 Desc: Dishwasher; Dryer; French Doors; Kitchen; Range - Electric; Refrigerator; Washer
Unit 2 Parking: Space Parking
Unit 3 Desc: Dishwasher; Dryer; French Doors; Kitchen; Range - Electric; Refrigerator; Washer
Unit 3 Parking: Space Parking
Unit 4 Desc: Dishwasher; Dryer; French Doors; Kitchen; Range - Electric; Refrigerator; Washer
Unit 4 Parking: Space Parking
Lot Description: < 1/4 Acre
Exterior Features: Auto Sprinkler; Custom Lighting; Fence; Fruit Tree(s); Open Patio; Zoned Sprinkler
Subdiv. Amenities: None
Tenant Pays: None
Restrict: Daily Rates; Lease OK; Maximum # Vehicles; Pet Restrictions
Flooring: Marble; Tile
Cooling: Central Individual; Electric
Heating: Central Individual; Electric
Roof: Comp Shingle
Terms Considered: Cash; Conventional
Utilities: Cable; Public Sewer; Public Water
Window Treatments: Blinds; Drapes; Rods
Storm Protection: None
Special Info: Sold As-Is
Taxes: City/County
Avail Info: Inventory
Possession: At Closing
Supplements
ng spaces. This is truly turn-key ownership, with all the major expenses covered. Don't miss this opportunity to own a piece of paradise in the heart of West Palm Beach. DO NOT WALK PROPERTY, DO NOT DISTURB TENANTS.
Listing Office: Redfin Corporation
Last Updated: May - 09 - 2024
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Thursday 9th of May 2024 07:19 PM