4
Baths
2,404 Sq. Ft.
$422 / Sq. Ft.
2,404
Sq. Ft.
$422
per Sq. Ft.

Description

High-producing FOURPLEX AirBnB just a few steps from the Beaches, Marina's (Sailfish), Restaurants & Entertainment in Singer Island on BEACH RD! Beautifully redesigned, decorated & furnished quadplex is a Class-A product! True 9.5%-10% CAP! Significantly upgraded property interior & exterior! Serious cash-producer & successful vacation rental bldg since 2015 with solid track record well-known on Web. Few steps to Ocean Mall, City Beach & Marina's. Walk to the Ritz-Carlton, Palm Beach Shores Resort,...High-producing FOURPLEX AirBnB just a few steps from the Beaches, Marina's (Sailfish), Restaurants & Entertainment in Singer Island on BEACH RD! Beautifully redesigned, decorated & furnished quadplex is a Class-A product! True 9.5%-10% CAP! Significantly upgraded property interior & exterior! Serious cash-producer & successful vacation rental bldg since 2015 with solid track record well-known on Web. Few steps to Ocean Mall, City Beach & Marina's. Walk to the Ritz-Carlton, Palm Beach Shores Resort, Marriott Resort's & much more! 8 parking spaces; two/unit. Each unit has private washer/dryer inside. All 4 units are 2-BR + full BA. Both units in back (1+2) have private fenced-in backyards with hammock's, bbq's, table's & seating. Unit #2 has large private screened-in front porch. Disclaimer: ... Written & verbal info provided including but not limited to prices, measurements, square footage's, lot sizes, calculations & statistics have been obtained & conveyed from third parties such as the applicable MLS, public records & other sources. All info including that produced by the Seller or Listing Broker/agent are subject to errors, omissions or changes without notice & should be independently verified by any prospect for the purchase of a Property. The Seller & Listing Broker/agent expressly disclaim any warranty or representation regarding all info. Prospective purchasers' use of this or any written & verbal info is acknowledgement of this disclaimer & that Prospects shall perform their own due diligence.
  1. Listed by Matan Morag PA • Brokerage DRE #1030955 • Regency Realty Services
    P: (561)-706-0095 C: (561)-706-0095 mgrealtygroup@gmail.com

Property Details for 1257 Beach Road

Furnished
Unfurnished
View
Garden, Other
Waterfront Details
None
Waterfront
No
Style
No Pool/No Water
Year Built Numeric
1960
Subdivision
PALM BEACH SHORES
LISTING CLOSED: 07/24/2019 12:00 AM

Property Details for 1257 Beach Road

StatusClosed
MLS #R10515651
Days on Market77
Taxes$4,493 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1960
Lot Size0.18 AC / 7,840 SF
CountyPalm Beach County

Location

Listing Courtesy of Regency Realty Services

Sold By Meridian Commercial

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Building Information for 1257 Beach Road

Stories1Residences-Year Built1960Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$5,432 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,058

Property Taxes

$374

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1257 Beach Road

Summary
Location and General Information
  • Area: 5240
  • Boat Access: Marina, Yacht Club
  • Boat Services: Marina, Yacht Club
  • City and Location Text: Singer Island
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.781965
  • Information Available: Accounting Statements, Deposit Held, Inventory
  • MLS Area: 5240
  • MLS Sub Area: PB28, Palm Bch 5200; 5210; 5220; 5230; 5240; 5250
  • Postal Code: 33404
  • Roads: Paved
  • State: FL
  • Street #: 1257
  • Subdivision Complex Bldg: PALM BEACH SHORES, PALM BEACH SHORES
  • Complex Name: PALM BEACH SHORES, PALM BEACH SHORES
  • Water Access: None
  • Zoning: RMH-15
Taxes and HOA Information
  • Association Fee: $0
  • HOPA: No HOPA
  • Legal Desc: PALM BEACH SHORES TH PT OF LT 413 LYG IN RIVIERA BEACH
  • Parcel ID: 56434227040004130
  • Tax Information: City/County
  • Tax Year: 2018
Property
Lot Information
  • Acres: 0.18
  • Approx Sqft Total Area: 2804
  • Approximate Lot Size: ~71 ft x ~116 ft
  • Lot Dimensions: ~71 ft x ~116 ft
  • Property Condition: Resale
  • Special Info: Sold As-Is
  • Sq Ft: 2804
  • Sq Ft Liv Area: 2404.0
  • Sq Ft Total: 2,804
  • Property Type: Residential Income, Quadruplex
Property and Assessments
  • Avail Docs: Accounting Statements, Deposit Held, Inventory
  • Construction Type: Quadruplex, Built-Up, Resale, CBS, Concrete
  • Development: PALM BEACH SHORES
  • Development Name: PALM BEACH SHORES
  • Document Count: 0
  • Legal Description: PALM BEACH SHORES TH PT OF LT 413 LYG IN RIVIERA BEACH
  • Type: Quadruplex
  • Year Built Description: 1960
Utilities
  • Cable Available: Yes
  • Electric Service: True
  • On Site Utilities: Cable Available, Sewer Available, Water Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: No
  • Sewer Description: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: Yes
  • Construction: CBS, Concrete
  • Guest Accommodations: No
  • Private Pool: No
  • Roof: Built-Up
  • Roof Description: Built-Up
  • Subdiv Amenities: Boating, Cabana, Jogging Path, Picnic Area, Playground
  • Surface Description: Paved
  • Window Features: Blinds, Drapes
  • Patio And Porch Features: Porch, Porch - Screened, Porch - Open
  • Fencing: Fenced
  • Other Structures: Shed(s)
Interior Features
  • Baths Total: 4
  • Column Description: CBS, Concrete
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Flooring: Ceramic Tile, Tile, Vinyl
  • Heating: Central, Electric
  • Heating Description: Central, Electric
  • Num Floors: 1
  • Numof Units: 4
  • PatioFeatures: Porch
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 4
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $99,500.00
  • Income & Expenses: Annual Total Expense: $20,064.00
  • Income & Expenses: Gross Operating Inc: $119,500.00
  • Exp Incl Pool Service: No
  • Expense Amount: $20,064
  • Gross Operating Income: $99,500
  • Gross Rent Income: $119,500
  • Monthly Income: $119,500
  • Source of Expenses: Owner Provided
Unit Information
Unit 1
  • Appliances: Range, Refrigerator, Dryer, Washer, Microwave
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Parking Features: Parking Space
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $7,831.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Furnished
  • SqFt: 625.0
Unit 2
  • Appliances: Range, Refrigerator, Dryer, Washer, Microwave
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Interior Features: Built-in Shelves
  • Parking Features: Parking Space
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $7,831.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Furnished
  • SqFt: 625.0
Unit 3
  • Appliances: Range, Refrigerator, Dryer, Washer, Microwave
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Interior Features: Built-in Shelves
  • Parking Features: Parking Space
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $7,831.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Furnished
  • SqFt: 577.0
Unit 4
  • Appliances: Dryer, Range, Refrigerator, Washer, Microwave
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Interior Features: Built-in Shelves
  • Parking Features: Parking Space
  • Rooms: Kitchen
  • Actual Rent: $1,300.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 577.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Possession Information: Close Of Escrow, Negotiable
  • Rental Price/SqFt: $436.36
  • Tenant Pays: Cable TV, Electricity

Property History for 1257 Beach Road

DateEvent & SourcePriceAppreciation
Jul 24, 2019

Sold

Beaches MLS #R10515651

$1,015,000
Jun 28, 2019

Pending

Beaches MLS #R10515651

May 21, 2019

Listed (Active)

Beaches MLS #R10515651

$1,049,000
DateEvent & SourcePrice
07/24/2019

Sold

Beaches MLS #R10515651

$1,015,000
06/28/2019

Pending

Beaches MLS #R10515651

05/21/2019

Listed (Active)

Beaches MLS #R10515651

$1,049,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1257 Beach Road

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Lincoln Elementary School
PublicPK to 5

John F. Kennedy Middle School
Public6 to 8

William T. Dwyer High School
Public9 to 12

Inlet Grove Community High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Regency Realty Services

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.