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389 Tall Pines Road, West Palm Beach, FL 33415

$75,000

  • Sold
  • Closed
  • Multi-Family
389 Tall Pines Road, West Palm Beach, FL 33415 View this property at 389 Tall Pines Road, West Palm Beach, FL 33415
389 Tall Pines Road West Palm Beach FL 33415

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Property Description

Investor opportunity! This property is actually 5 separate units. There are two 1/1's. Two studio apartments and a single 2/1. EACH HAS ITS OWN SEPARATE ENTRANCE! This is close to a 20 CAP at list price!! These deals are getting hard to find. Great area to invest and rental market is very brisk. Each 1/1 could rent for around $600 a month the studios for $400 each and the 2/1 for $650 a month for a total Gross yearly income of $31,800. These are projected rents but are conservative for the market in the area. The square footage is based on the foot print of the home but is not warranted.

Full Property Details for 389 Tall Pines Road

  • Sold For: $75,000
  • Taxes: $1,725
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: RX-10126887
  • Added: 1, 014 day(s) ago

Property History

  • 389 Tall Pines Road, West Palm Beach, FL
  • Sold at $75,000 on 5/15/15
  • Listed at $155,000 on 4/10/15

Interior

  • Flooring: Ceramic Tile

Exterior

  • Exterior Features: Extra Building

Location

  • Area: 5500
  • County: Palm Beach
  • Subdivision: Boulevard Estates
  • Driving Directions: Southern Blvd west to North on Caroline Dr WEst on Wallis Rd North on Tall Pines Rd house on right hand side

Heating & Cooling

  • Cooling Type: Wall-Win A/C
  • Heating Type: No Heat

Utilities

  • Utility Description: None

Structural Information

  • Architectural Style: Duplex/Triplex/Quad
  • Construction: Frame
  • Roof: Composition Shingles
  • Stories/Levels: 1.0
  • Square Feet: 1,836
  • Year Built: 1966

Lot Features

  • Zoning: MULTI-FAMILY (M
  • Lot Description: < 1/4 Acre

Financial Considerations

  • Tax Amount: $1,725

Listed by RSI Asset Management, LLC

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Schools

Schools serving 389 Tall Pines Road

School District:
Palm Beach Schools
School Name
Grades
Distance
Palmetto Elementary School, West Palm Beach, FL
5801 Parker Ave, West Palm Beach, FL 33405
K-5
4.1 mi
Jeaga Middle School
3777 N Jog Rd, West Palm Beach, FL 33411
6-8
3.6 mi
Palm Beach Lakes Community High School
3505 Shiloh Dr, West Palm Beach, FL 33407
9-12
5.1 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

389 Tall Pines Road, West Palm Beach, FL 33415 (MLS# RX-10126887) is a Multi-Family property that was sold at $75,000 on May 15, 2015. Want to learn more about 389 Tall Pines Road? 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.

Listed by RSI Asset Management, LLC

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