3771 Coconut Rd

4
Baths
2,713 Sq. Ft.
$165 / Sq. Ft.
2,713
Sq. Ft.
$165
per Sq. Ft.

Description

Fantastic investment opportunity or owner-occupant opportunity, a family compound with homes for in-law suite / Guest house. NO HOA Bring commercial vehicles or boats and more! 2 separate renovated Single Family Homes on 1/2 acre of land! 1 home was completely gutted, remodeled inside & out! Roofs & A/C 2018, No HOA, no restrictions on commercial vehicles, pets, etc. All new; Impact windows, A/C, fixtures, high hat lighting throughout, all new baths, flooring, fresh paint, granite counters w/ stainless...Fantastic investment opportunity or owner-occupant opportunity, a family compound with homes for in-law suite / Guest house. NO HOA Bring commercial vehicles or boats and more! 2 separate renovated Single Family Homes on 1/2 acre of land! 1 home was completely gutted, remodeled inside & out! Roofs & A/C 2018, No HOA, no restrictions on commercial vehicles, pets, etc. All new; Impact windows, A/C, fixtures, high hat lighting throughout, all new baths, flooring, fresh paint, granite counters w/ stainless steel appliances. 2nd unit was updated Paint, flooring, bath, fixtures. Homes are currently a 4/1.5 and 4/2. All units currently rented month to month. Medium Density is 10 units per acre in the city of Palm Springs. Buyer has an amazing opportunity to add units.
  1. Listed by Daymon Allmon • Brokerage DRE #1060480 • Affluent Realty of Florida Cor
    P: (561)-718-9067 C: (561)-718-9067 daymon@affluentrealtyfl.com

Property Details for 3771 Coconut Road

Furnished
Unfurnished
Waterfront Details
None
Waterfront
No
Style
No Pool/No Water
Year Built Numeric
1958
Subdivision
LAKEWOOD GARDENS PL 1 IN
LISTING CLOSED: 10/15/2021 12:00 AM

Property Details for 3771 Coconut Road

StatusClosed
MLS #R10721952
Days on Market81
Taxes$8,092 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1958
Lot Size0.49 AC / 21,344 SF
CountyPalm Beach County

Location

Listing Courtesy of Affluent Realty of Florida Cor

Sold By Keller Williams Realty - Welli

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Building Information for 3771 Coconut Road

Stories1Residences-Year Built1958Building Size-Lot Size0.49 AC / 21,344 SF

Payment Calculator

$2,957 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,282

Property Taxes

$674

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3771 Coconut Road

Summary
Location and General Information
  • Area: 5690
  • City and Location Text: Palm Springs
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.62126
  • Information Available: None
  • MLS Area: 5690
  • MLS Sub Area: PB19, Palm Beach 5660; 5690; 5720; 5750; 5780
  • Postal Code: 33461
  • State: FL
  • Street #: 3771
  • Subdivision Complex Bldg: LAKEWOOD GARDENS PL 1 IN
  • Complex Name: LAKEWOOD GARDENS PL 1 IN
  • Water Access: None
  • Zoning: RM
Taxes and HOA Information
  • Association Fee: $0
  • HOPA: No HOPA
  • Legal Desc: LAKEWOOD GARDENS PLAT 1 W 75 FT OF S 60 FT OF N 130.75 FT & E 90 FT OF S 65 FT OF N 130.75 FT OF TR 11 & S 65 FT OF N 13
  • Parcel ID: 70434419110020116
  • Tax Information: No Homestead
  • Tax Year: 2020
Property
Lot Information
  • Acreage Description: 1/4 To Less Than 1/2 Acre Lot
  • Acres: 0.49
  • Approx Sqft Total Area: 3168
  • Approximate Lot Size: 20.0 ft x 0.0 ft
  • Lot Dimensions: 20.0 ft x 0.0 ft
  • Lot Square Footage: 21344.4
  • Property Condition: Resale
  • Sq Ft: 3168
  • Sq Ft Liv Area: 2713.0
  • Sq Ft Total: 3,168
  • Property Type: Residential Income, Duplex
Property and Assessments
  • Avail Docs: None
  • Construction Type: Duplex, Composition, Resale, CBS
  • Document Count: 0
  • Legal Description: LAKEWOOD GARDENS PLAT 1 W 75 FT OF S 60 FT OF N 130.75 FT & E 90 FT OF S 65 FT OF N 130.75 FT OF TR 11 & S 65 FT OF N 13
  • Special Assessment: No
  • Type: Duplex
  • Year Built Description: 1958
Utilities
  • On Site Utilities: Sewer Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: Yes
  • Sewer Description: True
  • Utilities: Sewer Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Construction: CBS
  • Gated Community YN: No
  • Guest Accommodations: No
  • Private Pool: No
  • Roof: Composition
  • Roof Description: Composition
  • Subdiv Amenities: None
  • Storm Protection: Impact Glass
  • Fencing: Fenced
Interior Features
  • Baths Total: 4
  • Column Description: CBS
  • Cooling: Central Air, Wall/Window Unit(s)
  • Flooring: Laminate, Tile
  • Heating: Central, Window/Wall
  • Heating Description: Central, Window/Wall
  • Num Floors: 1
  • Numof Units: 4
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 4
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $34,200.00
  • Income & Expenses: Annual Total Expense: $6,000.00
  • Income & Expenses: Gross Operating Inc: $40,200.00
  • Maintenance Includes: Sewer, Water
  • Exp Incl Pool Service: No
  • Expense Amount: $6,000
  • Gross Operating Income: $34,200
  • Gross Rent Income: $40,200
  • Monthly Income: $40,200
  • Source of Expenses: Owner Provided
Unit Information
Unit 1
  • Parking Features: Open Parking
  • Rooms: Kitchen
  • Actual Rent: $1,575.00
  • Baths Full: 1
  • Baths Half: 1
  • Beds Total: 4
  • Furnished: Unfurnished
  • SqFt: 1764.0
Unit 2
  • Parking Features: Open Parking
  • Rooms: Kitchen
  • Actual Rent: $1,775.00
  • Baths Full: 2
  • Beds Total: 5
  • Furnished: Unfurnished
  • SqFt: 1419.0
Unit 3
  • Parking Features: Open Parking
  • Rooms: Kitchen
  • Actual Rent: $.00
  • SqFt: 0.0
Unit 4
  • Actual Rent: $.00
  • SqFt: 0.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $145.20
  • Tenant Pays: Cable TV, Electricity, Water

Property History for 3771 Coconut Road

DateEvent & SourcePriceAppreciation
Oct 15, 2021

Sold

Beaches MLS #R10721952

$449,000
Oct 1, 2021

Sold (Public Record)

Public Record #1474559841

$450,000

+11.6% / yr

Sep 1, 2021

Pending

Beaches MLS #R10721952

DateEvent & SourcePrice
10/15/2021

Sold

Beaches MLS #R10721952

$449,000
10/01/2021

Sold (Public Record)

Public Record #1474559841

$450,000

+11.6% / yr

09/01/2021

Pending

Beaches MLS #R10721952

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

Public Records for 3771 Coconut Road

Taxable ValueLand$230,958Additions$409,875Total$640,833
Tax Record2025$13,495 ($1,125 / month)
Home Facts
Beds3Baths4Total Finished SqFt970 SqFtAbove Grade Finished SqFt970 SqFtStories1Lot Size21,323 SqFtStyleSingle Family ResidenceYear Built1958Year Renovated1995ZoningRMCountyPALM BEACHAPN70-43-44-19-11-002-0116Fireplace TypeHas Fireplace

Schools near 3771 Coconut 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 - 6 to 8
Rating
School
Distance
Palm Springs Elementary School
PublicPK to 5

L C Swain Middle School
Public6 to 8

John I. Leonard High School
Public9 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.

Listing Courtesy of Affluent Realty of Florida Cor

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.