Address712 Palmetto St, West Palm Beach, FL, 33405
Price$1,299,000
- 7 Beds
- 4 Baths
- Multi-unit
- 3,171 SQ FT
- Built in 1928
Incredible investment opportunity!! This extremely profitable short term rental in West Palm Beach sets itself apart from the competition. Sitting on a double corner lot, this estate features a main house with two guest houses for a total of 7 bedrooms and 4 full bathrooms. This turnkey property is ready to be rented out immediately and includes over $50,000 in guaranteed 2024 rental income to start you off!Incredible mature foliage surrounds the property including a 3 story mango tree and beautiful fountain to create a one of a kind romantic setting. Additional features include a large heated pool and separate hot tub, outdoor dining area and a separate utility room. The entire estate has just been redesigned with brand new furniture and decor. All is included in the sale. Both interior and exterior are freshly painted. Perfectly located just minutes from PBI airport, downtown West Palm Beach and the world famous Palm Beach Island. Rent the property out as one to host large parties, divide into three rentals for multiple income streams or elevate this unique property to include small events etc. With a limited amount of short term rentals this size, the possibilities are endless. Financials and accounting details are available upon request.
Essential Information
- MLS® #RX-10957466
- Price$1,299,000
- HOA Fees$0
- Taxes$19,403 (2023)
- Bedrooms7
- Bathrooms4.00
- Full Baths4
- Square Footage3,171
- Acres0.25
- Price/SqFt$410 USD
- Year Built1928
- TypeMulti-Unit
- Sub-TypeTriplex
- RestrictionsLease OK
- StyleNo
- StatusActive
Community Information
- Address712 Palmetto St
- Area5430
- SubdivisionHILLSIDE PARK
- CityWest Palm Beach
- CountyPalm Beach
- StateFL
- Zip Code33405
Amenities
- Parking Spaces2
- ViewGarden
- WaterfrontNone
- Has PoolYes
Interior
- HeatingCentral
- # of Stories2
Exterior
- Lot Description1/2 to < 1 Acre
- WindowsBlinds
- RoofTar/Gravel, Mixed
- ConstructionConcrete, Frame/Stucco
Additional Information
- Days on Website88
- ZoningSF7 (city)/SING
Listing Details
- OfficeUnited Realty Group, Inc
Utilities
3-Phase Electric, Cable, Public Sewer, Public Water
Pool
Equipment Included, Freeform, Heated, Inground
Cooling
Ceiling Fan, Wall-Win A/C, Central
Exterior Features
Awnings, Cabana, Deck, Exterior W/D Hookup, Extra Building, Fence, Fruit Tree(s), Open Patio, Shutters
Price Change History for 712 Palmetto St, West Palm Beach, FL (MLS® #RX-10957466)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active Under Contract to Active | – | |
| Status Changed from Active to Active Under Contract | – | |
| Status Changed from New to Active | – | |
| Status Changed from Coming Soon to New | – |
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All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.
Listing information last updated on May 5th, 2024 at 4:45pm EDT.
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