Active

513-515 47th Street

West Palm Beach FL, 33407

$2,288,000


Active

Commercial

Built in 1942

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.

R11022418

MLS ID

September 19, 2024

Listed

December 3, 2024

Updated

Map

513-515 47th Street
West Palm Beach FL, 33407

Interior Features

Total Stories

2


Floor Description

Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.12 Acres


Lot Features

Beach Front, City Lot


Roof

Fiberglass, Metal


Sewer

Public Sewer

Other Property Details

Area Name

5420


Taxes

$8,017


Tax Frequency

Annually


Days on Market

75


Garage

No


View

No


County

Palm Beach


Water Source

Public


Pool

No

Listing History

Date

Event

Price

10/30/2024

Price change

$2,288,000

-12%

10/22/2024

Price change

$2,590,000

-6%

Listed by: KW Reserve Palm Beach
Listing Contact:  

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Data last updated 7:44 PM UTC, 12/3/2024

 

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