3789 Davis Rd

Beds
10
Baths
4,843 Sq. Ft.
$206 / Sq. Ft.
4,843
Sq. Ft.
$206
per Sq. Ft.

Description

Rare FIND! Fully Occupied, Cash flowing Solid Concrete Block 5 unit Multi Family compound situated on over half an acre of prime land in Fabulous Palm Springs. Tenants are currently paying below market rents but are all month to month and most of them will agree to rent increases or can vacate. Some units are renovated and some have deferred maintenance from having very long term tenants. Central HVAC units and washer dryers are present as well as a personal dumpster for trash pickup. Recently painted...Rare FIND! Fully Occupied, Cash flowing Solid Concrete Block 5 unit Multi Family compound situated on over half an acre of prime land in Fabulous Palm Springs. Tenants are currently paying below market rents but are all month to month and most of them will agree to rent increases or can vacate. Some units are renovated and some have deferred maintenance from having very long term tenants. Central HVAC units and washer dryers are present as well as a personal dumpster for trash pickup. Recently painted with a fresh coat of paint and landscape, this property is ready for new management and has tremendous upside value potential. Tenants pay their own utilities.
  1. Listed by Laura Marie Auten • Brokerage DRE #1062925 • Elevate Realty LLC
    P: (561)-427-3923 C: (561)-427-3923 laura@elevaterealtypro.com

Property Details for 3789 Davis Road

Style
No Pool/No Water
Year Built Numeric
1978
LISTING CLOSED: 01/31/2024 12:00 AM

Property Details for 3789 Davis Road

StatusClosed
MLS #R10948415
Days on Market1
Taxes$9,876 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1978
Lot Size0.55 AC / 23,958 SF
CountyPalm Beach County

Location

Listing Courtesy of Elevate Realty LLC

Sold By KW Innovations

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Building Information for 3789 Davis Road

Stories1Residences-Year Built1978Building Size-Lot Size0.55 AC / 23,958 SF

Payment Calculator

$5,906 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,083

Property Taxes

$823

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3789 Davis Road

Summary
Location and General Information
  • Area: 5490
  • City and Location Text: Palm Springs
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.620911
  • Information Available: Copy Of Lease(s)
  • MLS Area: 5490
  • MLS Sub Area: PB21, Palm Beach 5460; 5470; 5480; 5490
  • Postal Code: 33461
  • State: FL
  • Street #: 3789
  • Zoning: multi
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: LAKEWOOD GARDENS PL 1 E 186 FT OF TR 16 BLK 2
  • Parcel ID: 70434419110020161
  • Tax Year: 2023
Property
Lot Information
  • Acres: 0.55
  • Approx Sqft Total Area: 4843
  • Sq Ft: 4843
  • Sq Ft Total: 4,843
  • Property Type: Commercial Sale, Multi Family
Property and Assessments
  • Avail Docs: Copy Of Lease(s)
  • Construction Type: Multi Family, Composition
  • Document Count: 0
  • Legal Description: LAKEWOOD GARDENS PL 1 E 186 FT OF TR 16 BLK 2
  • Type: Multi Family
  • Year Built Description: 1978
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Guest Accommodations: No
  • Roof: Composition
  • Roof Description: Composition
  • Security Information: Smoke Detector(s)
  • Building Features: Free Standing
Interior Features
  • Baths Total: 10
  • Building Includes: Building, Land
  • Cooling: Central Air
  • Flooring: Ceramic Tile
  • Heating: Central
  • Heating Description: Central
  • Maximum Ceiling Height: 10
  • Num Floors: 1
  • Num Toilets: 10
  • Numof Units: 5
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 5
Income & Expenses
  • Exp Incl Pool Service: No
Unit Information
Unit 1
  • Baths Full: 2
Unit 2
  • Baths Full: 2
Unit 3
  • Baths Full: 2
Unit 4
  • Baths Full: 2
Unit 5
  • Baths Full: 2
Rental
Rental Information
  • DXORIGMLNO: RML
  • Possession Information: Close Of Escrow, Negotiable
  • Tenant Pays: Electricity, Water

Property History for 3789 Davis Road

DateEvent & SourcePriceAppreciation
Jan 31, 2024

Sold

Beaches MLS #R10948415

$1,000,000
Jan 10, 2024

Pending

Beaches MLS #R10948415

Jan 9, 2024

Listed (Active)

Beaches MLS #R10948415

$1,100,000
DateEvent & SourcePrice
01/31/2024

Sold

Beaches MLS #R10948415

$1,000,000
01/10/2024

Pending

Beaches MLS #R10948415

01/09/2024

Listed (Active)

Beaches MLS #R10948415

$1,100,000

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

Public Records for 3789 Davis Road

Taxable ValueLand-Additions-Total-
Tax Record2018$7,276 ($606 / month)
Home Facts
Beds9Baths10Total Finished SqFt4,843 SqFtAbove Grade Finished SqFt4,843 SqFtStories1Lot Size24,341 SqFtStyleMulti-Family Dwelling (2-4)Year Built1978Year Renovated1983ZoningRMCountyPALM BEACHAPN70434419110020161

Schools near 3789 Davis 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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Listing Courtesy of Elevate Realty LLC

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.