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1530 Crescent Cir West Palm Beach, FL 33403
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 10,224 sqft
Price per Sqft $220
Subdivision Lake Park Add 3
MLS Listing ID A11858108
Style Fourplex
Year Built 1963
Annual Tax Amount $28,606
Tax Year 2024
Property Sub-Type Quadruplex
Property Description
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.
Location
State FL
County Palm Beach
Community Lake Park Add 3
Area 5270
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Exterior
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Roof Type Concrete
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 2
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Atlantic Florida Properties Inc
NEARBY SCHOOLS & BUSINESSES
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