FOR SALE0.25 ACRES
712 Palmetto St
West Palm Beach, FL 33405
Parker Ridge
7 Beds
4 Baths
2,972 sqft (on 0.25 acres)
- 7 Beds
- 4 Baths
- 2,972 sqft (on 0.25 acres)
7 Beds
4 Baths
2,972 sqft
(on 0.25 acres)
Local Information
© Google
-- mins to
Commute Destination
Description
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.
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.
Home Highlights
Parking
Open Parking
Outdoor
Patio, Deck, Pool
View
Garden
HOA
None
Price/Sqft
$437
Listed
80 days ago
Home Details for 712 Palmetto St
Interior Features |
|---|
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 2972 Square Feet |
Appliances & Utilities Utilities: Cable Connected, Electricity ConnectedAppliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, WasherDishwasherDisposalDryerLaundry: In Unit,Laundry,Exterior W/D HookupMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Ceiling Fan(s),Central Air,Wall/Window Unit(s),A/C UnitHas HeatingHeating Fuel: Central |
Gas & Electric Electric: Electric MeterHas Electric on Property |
Windows, Doors, Floors & Walls Window: Blinds, Shutters, Complete Accordion ShuttersFlooring: Ceramic Tile, Terrazzo, Tile, Wood |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Floors: Ceramic Tile, Terrazzo, Tile, Wood |
View Has a ViewView: Garden |
Security Security: Smoke Detector(s), Smoke Detector |
Exterior Features |
|---|
Exterior Home Features Roof: Mixed Tar GravelPatio / Porch: Deck, Open Patio, PatioFencing: FencedVegetation: Fruit Tree(s)Other Structures: Cabana, Extra BuildingExterior: Awning(s)Has a Private Pool |
Parking & Garage Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Attached Carport,Open,Carport - Attached,Open Parking,Carport - Detached |
Pool Pool: Equipment Included, Freeform, Heated, In GroundPool |
Frontage Waterfront: NoneNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 80 |
Property Information |
|---|
Year Built Year Built: 1928 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex |
Building Construction Materials: Concrete, StuccoNot a New ConstructionAttached To Another Structure |
Property Information Condition: ResaleParcel Number: 74434409040000440 |
Price & Status |
|---|
Price List Price: $1,299,000Price Per Sqft: $437 |
Active Status |
|---|
MLS Status: Active |
Media |
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Location |
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Direction & Address City: West Palm BeachCommunity: Hillside Park |
Agent Information |
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Listing Agent Listing ID: RX-10957466 |
Building |
|---|
Building Area Building Area: 3171 Square Feet |
Community |
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Community Features: None |
HOA |
|---|
HOA Fee Includes: NoneAssociation for this Listing: Beaches MLSNo HOAHOA Fee: No HOA Fee |
Lot Information |
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Lot Area: 0.25 acres |
Offer |
|---|
Listing Terms: Cash, Conventional |
Compensation |
|---|
Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Transaction Broker Commission: 2.5% |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
|---|
Expense Tenant Pays: None |
Miscellaneous |
|---|
Mls Number: RX-10957466 |
Additional Information |
|---|
None |
Last check for updates: about 21 hours ago
Listing courtesy of Naomi Freeman, (561) 601-2617
United Realty Group, Inc
Originating MLS: Beaches MLS
Source: BeachesMLS, MLS#RX-10957466
Price History for 712 Palmetto St
| Date | Price | Event | Source |
|---|---|---|---|
| 02/09/2024 | $1,299,000 | Listed For Sale | BeachesMLS #RX-10957466 |
| 02/25/2022 | $1,100,000 | Sold | BeachesMLS #RX-10762200 |
| 01/14/2022 | $985,000 | Pending | BeachesMLS #RX-10762200 |
| 12/02/2021 | $985,000 | Listed For Sale | BeachesMLS #RX-10762200 |
| 11/04/2020 | $850,000 | ListingRemoved | Agent Provided |
| 10/23/2020 | $850,000 | PriceChange | Agent Provided |
| 07/31/2020 | $1,251,000 | Listed For Sale | Agent Provided |
| 01/25/2013 | $318,000 | Sold | N/A |
| 10/25/2012 | $318,000 | Sold | N/A |
| 06/28/2012 | $349,900 | Listed For Sale | Agent Provided |
| 05/11/2009 | $464,500 | ListingRemoved | Agent Provided |
| 10/15/2008 | $464,500 | Listed For Sale | Agent Provided |
| 06/13/2007 | $151,500 | Sold | N/A |
| 01/28/2005 | $390,000 | Sold | N/A |
| 05/09/2002 | $215,000 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2022 |
|---|---|
| Tax | $13,044 |
| Assessment | $595,842 |
Home facts updated by county records
Comparable Sales for 712 Palmetto St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.29 | Multi-Family Home | $695,600 | 09/08/23 | 5 | 3 | 1,953 | |
0.18 | Multi-Family Home | $550,000 | 09/14/23 | 3 | 2 | 1,359 | |
0.99 | Multi-Family Home | $730,000 | 11/20/23 | 6 | 3 | 1,954 | |
0.63 | Multi-Family Home | $475,000 | 01/10/24 | 4 | 2 | 1,768 | |
1.37 | Multi-Family Home | $1,350,000 | 12/07/23 | 7 | 4 | 2,652 | |
0.30 | Multi-Family Home | $325,000 | 08/23/23 | 2 | 1,110 | ||
1.03 | Multi-Family Home | $925,000 | 07/14/23 | 4 | 4 | 3,298 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Parker Ridge
- Paulyfl1
- Resident
- 3y ago
"Close to 95 and Dixie Hwy, minutes from airport, 5 minutes to beach, close to downtown WPB and Lake Worth"
- Paulyfl1
- Resident
- 3y ago
"Close to beaches, airport, interstate, downtown West Palm and Lake Worth and all associated dining, entertainment and cultural venues."
- Dailencollazo67
- Resident
- 4y ago
"Take care babys outside home because forest hill is pretty close and they can walk around and have an accident "
- Trulia User
- Resident
- 4y ago
"They would probably complain if the dog barked all the time. Also a lot of people take their dog for a walk and they fail to pick up the dogs poop. A dog is another layer of protecting from someone who may want to steal its from the house. "
- Tashancarrion
- Resident
- 5y ago
"Close to the Zoo and Dreher Park. Not far from Flagler and the intracoastal. Family friendly. Great Schools. "
- Monica.queris
- Resident
- 5y ago
"This is an amazing neighborhood. Elementary school with amazing staff. Safe and quiet place to live. Near, you find groceries and parks. "
- Marinojtaveras
- Resident
- 5y ago
"I’ve been here for a few years I like my neighborhood like my landlord my neighbors I love everybody the kids schools My Job🔨 residence good spot to park cemetery close to the house"
- Monica q.
- Resident
- 5y ago
"I like this neighborhood. The school is good snd neighborhood is safe. Neighbors are good persons and all work. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Naomi Freeman, United Realty Group, Inc
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
712 Palmetto St, West Palm Beach, FL 33405 is a 7 bedroom, 4 bathroom, 2,972 sqft multi-family built in 1928. 712 Palmetto St is located in Parker Ridge, West Palm Beach. This property is currently available for sale and was listed by BeachesMLS on Feb 7, 2024. The MLS # for this home is MLS# RX-10957466.