401 Southwind Drive, North Palm Beach, FL 33408 (MLS # RX-10980489)

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PRICE $3,450,000
SIZE 10,304 sqft
LOT SIZE 15,246 sqft

DO NOT DISTURB TENANTS....INCOME = $239,000 / NOI = $209,000Fully Remodeled, New Everything, 8 Unit Apartment Building, Each Unit Separate Electric and Water Meters. Each Unit has 3 Bedrooms and 2 Bathrooms with Balconies and/or Fenced in Yards. Income and Expenses on MLS under Documents with Room to Raise Rents. All Tenants On Annual Leases, with Rent Increases Scheduled Annually Per Lease. Each Tenant was screened and Paid $6,300 or More w/ Pet Fee at Move In, 1st Month, Last Month, & 1 Month Deposit. This is a Great Building that will require No Work as over $500,000 was put into the building in the start of 2020, As you see the Photos. Every Unit looks like the photos completely redone & Balconies Look onto the Water, 1st Floor Patios have Fenced yards.

DAYS ON MARKET 25 LAST UPDATED 4/22/2024
TRACT NORTH PALM BEACH VILLAGE OF 3 YEAR BUILT 1968
COUNTY Palm Beach STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
BUYER'S BROKERAGE COMPENSATION 2
HEAT Central
LOT 0.35 acre(s)
SEWER Public Sewer
STORIES 2
SUBDIVISION NORTH PALM BEACH VILLAGE OF 3
TAXES 20028.6
UTILITIES Cable Available
ZONING R3(cit

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Listing provided by Jeffery D Green, Palm Beachers Realty LLC
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Data last updated: 5/17/24 12:07 AM PDT.


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