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$2,250,000
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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.
Full Property Details
Full Property Details for 1530 Crescent Cir
General
- Sold For: $2,250,000
- Taxes: $28,606 (2024)
- Status: Closed
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11858108
- Added to Site: 380 day(s) ago
Rental Information
- Rent Includes: Trash Collection
Interior
- Flooring: Vinyl
Parking
- Total Spaces: 12
Location
- Area: Lake Park Add 3
- County: Palm Beach County
- Subdivision: LAKE PARK ADD 3
- Building Name: LAKE PARK ADD 3
Community
- Community Name: Lake Park Add 3
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Concrete
- Stories/Levels: 2
- Building Size: 10224
- Square Feet: 10,224
- Living Area: 10,224 Sq. Ft.
- Year Built: 1963
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Potential Use: Investment
- Zoning: R2 (city
Financial Considerations
- Price Per Sq. Ft.: $220.07
- Operating Expenses: $59,882
- Tax Amount: $28,606
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Investment Analysis, Copy Of Lease(S), Rent Rolls
- Legal Description: LAKE PARK ADD NO 3 LOT 1 BLK 135
- Property ID: 36434221031350010
Listed by LIV Real Estate Group
Sold by Atlantic Florida Properties Inc
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Schools
Schools serving 1530 Crescent Cir
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
The Conservatory School 401 Anchorage Drive, North Palm Beach, FL 33408 | PK-8 | 0.4 mi |
Palm Beach Gardens High School 4245 Holly Drive, Palm Beach Gardens, FL 33410 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1530 Crescent Cir
Date
Details
Price
Change
Source
8/14/2026
Sold
$2,250,000
-6.25%
MLS
1/12/2026
Price Reduced
$2,400,000
-4%
MLS
10/22/2025
Price Reduced
$2,500,000
-3.85%
MLS
8/13/2025
Listed
$2,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1530 Crescent Cir, West Palm Beach, FL 33403 (MLS# A11858108) is a Multi-Family property that was sold at $2,250,000 on August 14, 2026. Want to learn more about 1530 Crescent Cir? Do you have questions about finding other Multi-Family real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

