West Palm Beach, FL 33403 1530 Crescent Cir
$2,500,000



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Presented By: This listing is courtesy of LIV Real Estate Group;
Home Details
Exceptional opportunity to acquire a 10,000 SF, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.
Presented By: This listing is courtesy of LIV Real Estate Group;
Interior Features for 1530 Crescent Cir
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
General for 1530 Crescent Cir
Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityWest Palm Beach
Community FeaturesLaundryFacilities
Construction MaterialsBlock
CoolingCentralAir
CountyPalm Beach
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLAKE PARK ADD NO 3 LOT 1 BLK 135
LevelsTwo
Listing TermsCash, Conventional
Living Area10224.0
Lot Size UnitsSquareFeet
MLS Area5270
MLS Area MinorPalm Beach 5270; 5280; 5290
MobileHomeRemainsYNNo
Net Operating Income153718.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense59882.0
Pool FeaturesNone
PossessionClosingAndFunding
PostalCityWest Palm Beach
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesTrashCollection
RoofConcrete
Senior Community Y/NNo
SewerPublicSewer
Showing InstructionsCall Listing Agent
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameLAKE PARK ADD 3
Tax Annual Amount28606.0
Tax Year2024
Total Actual Rent213600.0
UtilitiesCableAvailable
Virtual TourClick here
Year Built1963
Year Built DetailsEffective Year Built
Zoning DescriptionR2 (city
Exterior for 1530 Crescent Cir
Building Area Total10224.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesQuarterToHalfAcreLot
Private PoolNo
SpaNo
Total Parking12.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Michelle Mildred Celestin
Realtor®
SQFT • 10,224