West Palm Beach, FL 33401 904 4th Street
$975,000
15 more
Presented By: Douglas Elliman
Beds • 9
Full/Half Baths • 5 / 1
SQFT • 3,430
Home Details
EXCEPTIONAL OPPORTUNITY to acquire this 7.7% + CAP RATE NWD Zoning TURNKEY 3 UNIT income-producing property( approved for 4 rental units ) located in the path of progress, just West of the NORA development, slated for completion by late 2025. The property is steps away from City Place, the Bright Line, and minutes from ocean beaches, Worth Avenue, and PBI Airport . The property consists of three structures featuring FOUR approved rental units: the main house has a 3 BR/ 1.5 BA unit, & a 5BR /2BA unit; a 1BR/ 1BA Guest House; and a Studio/1 BA cottage. This 6,534 SF lot enjoys NWD zoning. New Roof 2022, renovations in 2023. Offered TURNKEY & FURNISHED. Please do not disturb the tenants. Financials & Zoning info in Documents
Presented By: Douglas Elliman
Interior Features for 904 4th Street
Other Interior Features
Total # of Units4
Unit 1 DescElectric Meter
Unit 2 DescElectric Meter
Unit 3 DescElectric Meter
Unit 4 DescElectric Meter
Unit 4 InfoEfficiency
FlooringCeramic Tile
SqFt - Living3430.00
General for 904 4th Street
Adult 55+No Hopa
Application Fee0.00
Area5420
AuctionNo
Carport Spaces0.00
ConstructionCBS
CoolingCentral
Gated CommunityNo
Geo AreaPB20
Geo Lat26.716942
Geo Lon-80.060995
HOANone
HOA/POA/COA (Monthly)0.00
HeatingOther
Legal DescriptionCLOWS ADDITION LT 2 BLK 23
Property TypeB
REONo
RestrictLease OK
RoofOther
Short SaleNo
Source of ExpensesOwner
StatusActive
Stories2.0
SubdivisionCLOWS
Tax Year2024
Taxes$8,734
Tenant PaysElectric
Terms ConsideredCash, Conventional
TypeQuad Plex
UtilitiesElectric, Public Water
Virtual TourClick here
Year Built1925
ZoningNWD-R
Exterior for 904 4th Street
Exterior AmenitiesNone
Lot Description< 1/4 Acre
Lot Dimensions50.0 ft x 131.0 ft
Private Pool Y/NNo
Subdiv AmenitiesSidewalks
Unit 1 ParkingOpen Parking
Unit 2 ParkingOpen Parking
Unit 3 ParkingOpen Parking
Unit 4 ParkingOpen Parking
WaterfrontNo
WaterfrontNone
Additional Details
Price History
JOSE ESQUERETE
BROKER / OWNER
