Sold
Last Sold Price
4 beds2 baths1,488 sqft

4216 Coconut Rd, Unit A, Lake Worth, FL 33461

Multi FamilyProperty Type
0.67 acresLot Size
1955Year Built
$127/sq ftPrice per sq ft

Description

Great Investment Opportunity 9.6% CAP Rate! Totally Renovated With High End Finishes and Fully Leased. BONUS Half Acre + Lot Size Has Potential For Additional 2 Units Added to Property! This Is A GOOD One. Don't Let It Get Away !Great Investment Opportunity 9.6% CAP Rate! Totally Renovated With High End Finishes and Fully Leased. BONUS Half Acre + Lot Size Has Potential For Additional 2 Units Added to Property! This Is A GOOD One. Don't Let It Get Away !
  • Listed by: Valerie Selby PA 561.271.6667 vselbypa@gmail.com Brokerage DRE #1025984 • Keller Williams Realty Service
Listing closed: 10/28/2016 12:00 AM • Source: Beaches MLS, MLS#: R10249853
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Location

Listing Courtesy of Keller Williams Realty Service

Sold By Island Beach Realtors

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Payment Calculator

$1,204 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,009

Property Taxes

$195

HOA Dues

$0

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Property Information for 4216 Coconut Road, Unit A

Property Details

  • Taxes: $2,337 / year
  • MLS Type: Residential Income / Duplex
  • Furnished: Unfurnished
  • Waterfront Details: None
  • Waterfront: No
  • Style: No Pool/No Water
  • Year Built Numeric: 1955
  • Subdivision: PALM BEACH FARMS CO 7

Building Information

  • Stories: 1
  • Year Built: 1955
  • Lot Size: 0.67 AC / 29,185 SF

Summary

Location and General Information
  • Area: 5700
  • Bldg #: A
  • City and Location Text: Lake Worth
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.614635
  • Information Available: None
  • MLS Area: 5700
  • MLS Sub Area: PB17, Palm Beach 5670; 5680; 5700; 5710
  • Postal Code: 33461
  • State: FL
  • Street #: 4216
  • Subdivision Complex Bldg: PALM BEACH FARMS CO 7
  • Complex Name: PALM BEACH FARMS CO 7
  • Unit Number: A
  • Water Access: None
  • Zoning: RM
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: PALM BEACH FARMS CO PL 7 LT D (LESS W 149 FT OF N 105 FT) BLK 23
  • Parcel ID: 00434430010230040
  • Tax Information: City/County
  • Tax Year: 2015
  • Taxes: $2,337
  • Senior Community: No

Property

Lot Information
  • Acreage Description: 1/2 To Less Than 1 Acre Lot
  • Acres: 0.67
  • Approx Sqft Total Area: 1712
  • Approximate Lot Size: 9.0 ft x 0.0 ft
  • Lot Dimensions: 9.0 ft x 0.0 ft
  • Property Condition: Resale
  • Sq Ft: 1712
  • Sq Ft Liv Area: 1488.0
  • Sq Ft Total: 1,712
  • Property Type: Residential Income, Duplex
Property and Assessments
  • Avail Docs: None
  • Construction Type: Duplex, Built-Up, Resale, CBS
  • Document Count: 0
  • Legal Description: PALM BEACH FARMS CO PL 7 LT D (LESS W 149 FT OF N 105 FT) BLK 23
  • Type: Duplex
  • Year Built Description: 1955
Utilities
  • On Site Utilities: Electricity Available, Water Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Electricity Available, Water Available

Interior and Exterior Features

Exterior Features
  • Balcony Porch/Patio: No
  • Construction: CBS
  • Exterior Features: None
  • Guest Accommodations: No
  • Roof: Built-Up
  • Roof Description: Built-Up
  • Subdiv Amenities: None
Interior Features
  • Baths Total: 2
  • Column Description: CBS
  • Cooling: Other
  • Flooring: Ceramic Tile
  • Heating: Other
  • Heating Description: Other
  • 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: $18,075.00
  • Income & Expenses: Annual Total Expense: $4,675.00
  • Income & Expenses: Gross Operating Inc: $22,500.00
  • Exp Incl Pool Service: No
  • Expense Amount: $4,675
  • Gross Operating Income: $18,075
  • Gross Rent Income: $22,500
  • Monthly Income: $22,500
  • Source of Expenses: Owner Provided

Unit Information

Unit 1
  • Appliances: Range, Refrigerator
  • Parking Features: Open Parking
  • Actual Rent: $1,135.00
  • Baths Full: 1
  • Beds Total: 3
  • Furnished: Unfurnished
  • SqFt: 1056.0
Unit 2
  • Appliances: Range, Refrigerator
  • Parking Features: Open Parking
  • Actual Rent: $800.00
  • Baths Full: 1
  • Beds Total: 1
  • Furnished: Unfurnished
  • SqFt: 432.0
Unit 3
  • 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: $127.02
  • Tenant Pays: Electricity, Water

Property History for 4216 Coconut Road, Unit A

DateEvent & SourcePriceAppreciation
Oct 28, 2016

Sold (Public Record)

Public Record #582283123

$189,000

+14.8% / yr

Oct 28, 2016

Sold

Beaches MLS #R10249853

$189,000—
Aug 23, 2016

Pending

Beaches MLS #R10249853

—
DateEvent & SourcePrice
10/28/2016

Sold (Public Record)

Public Record #582283123

$189,000

+14.8% / yr

10/28/2016

Sold

Beaches MLS #R10249853

$189,000
08/23/2016

Pending

Beaches MLS #R10249853

—

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

Public records

4216 Coconut Road, Unit A

Baths

2

Total Finished SqFt

1,488 SqFt

Above Grade Finished SqFt

1,488 SqFt

Stories

1

Lot Size

27,443 SqFt

Style

Duplex

Schools near 4216 Coconut Road, Unit A

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

Lake Worth Community Middle School
Public6 to 8

Lake Worth 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 Keller Williams Realty Service

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.