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3509 Pinewood Avenue, Unit #1-2, West Palm Beach, FL 33407
$380,000
3509 Pinewood Avenue, Unit #1-2, West Palm Beach, FL 33407View this property at 3509 Pinewood Avenue, Unit #1-2, West Palm Beach, FL 33407
3509 Pinewood Avenue, Unit #1-2West Palm BeachFL33407
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Property Description
Lucrative investment opportunity, nestled next to the enchanting Northwood Historic district. This remarkable duplex boasts two separate buildings, providing an incredible chance for investors to capitalize on its potential. The first bldg features 3 bedrooms and 1 bathrooms, commanding a monthly rent of $1,700. The second bldg is equipped with 2 bedrooms and 1 bathroom, also leasing at $1,700 per month. Unit 1 is vacant Unit 2 is currently occupied by long-term tenants, offering immediate income with the possibility to raise rents to market value. Bldg 1's true potential shines with a market rent of $2,500, while Bldg 2 can command an impressive $2,000 per month.What makes this opportunity even more enticing is its location within an Opportunity Zone designation
Full Property Details
Full Property Details for 3509 Pinewood Ave #1-2
General
- Sold For: $380,000
- Taxes: $2,942
- Status: Closed
- Type: Multi-Family
- MLS ID: RX-10901536
- Added to Site: 305 day(s) ago
Interior
- Flooring: Ceramic Tile, Wood Floor
Exterior
- Exterior Features: Fence, Fruit Tree(s)
Location
- Area: 5420
- County: Palm Beach
- Subdivision: Northwood Add
- Driving Directions: N Australian ave to 36th St, left onto pinewood ave
Heating & Cooling
- Cooling Type: Wall-Win A/C
- Heating Type: Window/Wall
Utilities
- Utility Description: Public Sewer, Public Water
Structural Information
- Architectural Style: Duplex/Triplex/Quad
- Construction: Frame, Stucco
- Roof: Composition Shingles, Tar/Gravel
- Stories/Levels: 1.0
- Square Feet: 1,474
- Year Built: 1926
Lot Features
- Zoning: SF7(ci
- Lot Description: < 1/4 Acre
Financial Considerations
- Tax Amount: $2,942.49
Listed and Sold by KW Reserve Palm Beach
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Schools
Schools serving 3509 Pinewood Ave #1-2
School District:Palm Beach Schools
Rating | Name | Grades | Distance |
---|---|---|---|
4111 N Terrace Dr, West Palm Bch, FL 33407 | PK-5 | 0.4 mi | |
1900 N Australian Ave, West Palm Bch, FL 33407 | 6-8 | 1.1 mi | |
3505 Shiloh Dr, West Palm Bch, FL 33407 | 9-12 | 3 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 3509 Pinewood Ave #1-2
Date
Details
Price
Change
Source
3/01/2024
Sold
$380,000
-5%
MLS
1/16/2024
Price Reduced
$400,000
-11.11%
MLS
12/07/2023
Price Reduced
$450,000
-9.82%
MLS
10/31/2023
Price Reduced
$499,000
-16.83%
MLS
10/02/2023
Price Increased
$600,000
9.09%
MLS
9/18/2023
Price Increased
$550,000
22.22%
MLS
7/28/2023
Price Reduced
$450,000
-9.82%
MLS
7/03/2023
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3509 Pinewood Avenue, Unit #1-2, West Palm Beach, FL 33407 (MLS# RX-10901536) is a Multi-Family property that was sold at $380,000 on March 01, 2024. Want to learn more about 3509 Pinewood Avenue, Unit #1-2? 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.