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325 S Lakeside Court, West Palm Beach, FL 33407
$1,025,000
325 S Lakeside Court, West Palm Beach, FL 33407View this property at 325 S Lakeside Court, West Palm Beach, FL 33407
325 S Lakeside CourtWest Palm BeachFL33407
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Property Description
Extremely rare opportunity to acquire a recently renovated, fully occupied 12-unit apartment complex at a 7.46% cap rate. Investors will enjoy a great return with little maintenance, while benefitting from significant anticipated appreciation in the surrounding area. The wonderfully located asset is positioned on the Palm Tran Bus Route, within minutes of the Flagler/Intracoastal bike path, Good Samaritan Medical Complex, Northwood Restaurants and Shops, Downtown West Palm Beach, and the Palm Beach Outlets. The Property currently has a waiting list for occupancy, and Buyer can easily increase NOI by lowering expenses.
Full Property Details
Full Property Details for 325 S Lakeside Ct
General
- Sold For: $1,025,000
- Taxes: $14,930
- Status: Closed
- Type: Multi-Family
- MLS ID: RX-10330594
- Added to Site: 2, 560 day(s) ago
Interior
- Flooring: Ceramic Tile, Laminate, Vinyl Floor, Wood Floor
Exterior
- Exterior Features: Covered Balcony, Fence
Location
- Area: 5420
- County: Palm Beach
- Subdivision: Lakeside Court South Add
- Driving Directions: East on Palm Beach Lakes Boulevard to North Dixie Highway, North 2 blocks, Right on South Lakeside Court, Second property on the left. Last block before reaching North Flagler Drive and intracoastal.
Heating & Cooling
- Cooling Type: Wall-Win A/C
- Heating Type: Window/Wall
Utilities
- Utility Description: Cable, Electric, Gas Natural, Public Sewer, Public Water
Structural Information
- Architectural Style: Duplex/Triplex/Quad
- Construction: CBS
- Roof: Barrel, Built-Up
- Windows/Doors: Blinds
- Stories/Levels: 3.0
- Square Feet: 6,513
- Year Built: 1922
Lot Features
- Zoning: GC(cit
- Lot Description: < 1/4 Acre
Financial Considerations
- Tax Amount: $14,930.1
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Schools
Schools serving 325 S Lakeside Ct
School District:Palm Beach Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2222 Spruce Ave, West Palm Bch, FL 33407 | PK-5 | 0.4 mi | |
1900 N Australian Ave, West Palm Bch, FL 33407 | 6-8 | 0.8 mi | |
3505 Shiloh Dr, West Palm Bch, FL 33407 | 9-12 | 3.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 325 S Lakeside Ct
Date
Details
Price
Change
Source
6/30/2017
Sold
$1,025,000
-16.33%
MLS
6/05/2017
Price Reduced
$1,225,000
-6.13%
MLS
5/02/2017
Listed
$1,305,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
325 S Lakeside Court, West Palm Beach, FL 33407 (MLS# RX-10330594) is a Multi-Family property that was sold at $1,025,000 on June 30, 2017. This property was listed by Palm Beach Global Luxury Group from our Palm Beaches Office.Want to learn more about 325 S Lakeside Court? 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.