FOR SALE
825 Truman Ave
Lake Worth, FL 33460
Whispering Palms- 11 Beds
- 5 Baths
- 3,781 sqft
- 11 Beds
- 5 Baths
- 3,781 sqft
11 Beds
5 Baths
3,781 sqft
Local Information
© Google
-- mins to
Commute Destination
Description
Great opportunity to acquire a remodeled and cash flowing quadplex - ready to be delivered with one vacant unit to take advantage of an ASSUMABLE (!!!) FHA loan at 3%! The property generated in 2023 $109k in GRI (see docs for T12). Proforma for 2024 is $127k (mainly from higher rent from upgraded units + additional income). Please do not disturb the tenants. Enjoy a stabilized asset with reliable tenants (one annual lease, two month-to-month, one currently vacant unit ready to rent). This property is located just minutes away from LWB Downtown, groceries, restaurants, the beach and Palm Beach State College. Adjacent LWB Howard Park is a family friendly and recently improved recreational park (soccer, basketball, BBQ, playground, etc.) and an added value for local tenant
Home Highlights
Parking
1 Carport Spaces
Outdoor
Patio
View
Garden, Preserve
HOA
No HOA Fee
Price/Sqft
$284
Listed
81 days ago
Home Details for 825 Truman Ave
Interior Features |
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Beds & Baths Number of Bedrooms: 11Number of Bathrooms: 5Number of Bathrooms (full): 5 |
Dimensions and Layout Living Area: 3781 Square Feet |
Appliances & Utilities Utilities: Cable Connected, Electricity ConnectedAppliances: Electric Range, Refrigerator, Range - ElectricRefrigerator |
Heating & Cooling Heating: Central Individual,Window/WallHas CoolingAir Conditioning: Ceiling Fan(s),Central Individual,Wall/Window Unit(s),A/C UnitHas HeatingHeating Fuel: Central Individual |
Gas & Electric Electric: Separate Electrical MetersHas Electric on Property |
Windows, Doors, Floors & Walls Window: Shutters, Partial Accordion ShuttersFlooring: Clay, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Floors: Clay, Vinyl |
View Has a ViewView: Garden, Preserve |
Security Security: Smoke Detector(s), Smoke Detector |
Exterior Features |
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Exterior Home Features Roof: Comp ShinglePatio / Porch: Covered Patio, PatioFencing: FencedVegetation: Fruit Tree(s)Other Structures: Extra BuildingNo Private Pool |
Parking & Garage Number of Carport Spaces: 1Number of Covered Spaces: 1Has a CarportNo GarageNo Attached GarageNo Open ParkingParking Spaces: 1Parking: Space Parking,Carport - Attached |
Frontage Waterfront: NoneNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 81 |
Property Information |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: CBS, ConcreteNot a New ConstructionAttached To Another Structure |
Property Information Condition: ResaleParcel Number: 38434434030000190 |
Price & Status |
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Price List Price: $1,075,000Price Per Sqft: $284 |
Status Change & Dates Possession Timing: Close Of Escrow |
Active Status |
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MLS Status: Active |
Media |
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Location |
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Direction & Address City: Lake Worth BeachCommunity: Parkview Heights |
Agent Information |
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Listing Agent Listing ID: RX-10957419 |
Building |
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Building Area Building Area: 4146 Square Feet |
Community |
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Community Features: None |
HOA |
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Association for this Listing: Beaches MLSNo HOA |
Lot Information |
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Lot Area: 7257 sqft |
Offer |
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Listing Terms: Assumable-Qualify, Cash, Conventional, FHA, VA Loan |
Compensation |
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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 |
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Expense Tenant Pays: Cable TV, Insurance |
Miscellaneous |
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Mls Number: RX-10957419 |
Additional Information |
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None |
Last check for updates: about 20 hours ago
Listing courtesy of Maximilian Stalinski, (424) 288-9434
Keller Williams Coastal Partners
Gabriela Beltran, (561) 739-1400
PMI Beach Properties
Originating MLS: Beaches MLS
Source: BeachesMLS, MLS#RX-10957419
Price History for 825 Truman Ave
Date | Price | Event | Source |
---|---|---|---|
02/07/2024 | $1,075,000 | Listed For Sale | BeachesMLS #RX-10957419 |
08/10/2021 | $620,000 | Sold | BeachesMLS #RX-10689302 |
02/02/2021 | $620,000 | Listed For Sale | BeachesMLS #RX-10689302 |
01/02/2021 | ListingRemoved | BeachesMLS | |
12/03/2020 | $620,000 | PriceChange | Agent Provided |
08/08/2020 | $625,000 | PriceChange | Agent Provided |
07/16/2020 | $704,000 | PriceChange | Agent Provided |
04/18/2020 | $705,000 | PriceChange | Agent Provided |
03/23/2020 | $775,000 | Listed For Sale | Agent Provided |
08/12/2019 | $405,000 | Sold | N/A |
05/24/2019 | $469,000 | Listed For Sale | Agent Provided |
02/17/2017 | $210,000 | Sold | N/A |
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Property Taxes and Assessment
Year | 2022 |
---|---|
Tax | $14,283 |
Assessment | $570,204 |
Home facts updated by county records
Comparable Sales for 825 Truman Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.66 | Multi-Family Home | $720,000 | 11/02/23 | 5 | 5 | 2,640 | |
0.40 | Multi-Family Home | $450,000 | 01/02/24 | 5 | 3 | 2,161 | |
0.70 | Multi-Family Home | $620,000 | 03/28/24 | 5 | 4 | 1,642 | |
0.79 | Multi-Family Home | $710,000 | 06/09/23 | 4 | 4 | 2,420 | |
1.12 | Multi-Family Home | $800,000 | 07/14/23 | 7 | 6 | 3,520 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Whispering Palms
- Unspecified
- Resident
- 5y ago
"It’s not and some of the kids are disrespectful! Plus I have had to many cars hit by stupid people on my block!"
- L P.
- 11y ago
"Close to schools & shopping Easy commute. Close to Tri-Rail. bus routes, I-95, "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Maximilian Stalinski, Keller Williams Coastal Partners
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.
825 Truman Ave, Lake Worth, FL 33460 is a 11 bedroom, 5 bathroom, 3,781 sqft multi-family built in 1960. 825 Truman Ave is located in Whispering Palms, Lake Worth. This property is currently available for sale and was listed by BeachesMLS on Feb 7, 2024. The MLS # for this home is MLS# RX-10957419.