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Sarah Bonin

Broker/Owner

  • Office 561-768-9570
  • Cell 561-635-4802
Questions?

426 50th St #1, West Palm Beach, FL $238,500

  • 3 Baths
  • 1,701 Sqft
  • Sold 03/25/2019
  • .17 Acres
  • 3 Baths
  • 1,701 Sqft
  • Sold 03/25/2019
  • .17 Acres

426 50th St #1

Long-term tenants with below market rent on two of the three units. Current monthly gross is $2,400 potential monthly gross is $2,700, annual current gross income is $28,800, potential annual gross income is $32,400. Operating expenses are property taxes : $2,687, property insurance (optional ) $1,277, general liability (optional) $458, utilities $2400/year and lawn $600/year total expenses $7,422.69. Current net annual income is $21,331, potential net annual income is $24,978. Actual cap rate is 7.75%, potential cap rate is 9.0%.

Essential Information

  • MLS® #RX-10448180
  • Price$255,000
  • Sold Price$238,500
  • Date Sold03/25/2019
  • Bathrooms3.00
  • Full Baths3
  • Square Footage1,701
  • Acres0.17
  • Year Built1952
  • TypeMulti-Unit
  • Sub-TypeTriplex
  • StyleNo
  • StatusSold

Community Information

  • Address426 50th St #1
  • Area5420
  • SubdivisionNORTH PALM BCH 1
  • CityWest Palm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33407

Amenities

  • UtilitiesPublic Sewer
  • WaterfrontNone

Interior

  • HeatingWindow/Wall
  • CoolingWall-Win A/C
  • # of Stories1

Exterior

  • Exterior FeaturesNone
  • Lot Description< 1/4 Acre
  • RoofComp Shingle
  • ConstructionCBS

Additional Information

  • ZoningSF7(ci

Listing Details

  • OfficeKSR Realty LLC
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Price Change History for 426 50th St #1, West Palm Beach, FL (MLS® #RX-10448180)

Date Details Change
Status Changed from Backup to Sold
Status Changed from Active to Backup
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $265,000 to $255,000 $10,000 (3.77%)
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All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2019 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2019 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on September 21st, 2019 at 12:15pm EDT.