620 47th Street

West Palm Beach, FL 33407

$405,000
Last Sold Price
Beds
2,736 Sq. Ft.
$148 / Sq. Ft.
2,736
Sq. Ft.
$148
per Sq. Ft.

Description

Unique multifamily investment property. Great Value-Add Deal. Property consists of 5 units . Units are 3 2/1, 1 1/1, and an efficiency very clean income producing property in West Palm Beach . Quiet Street, Ample parking, long term tenants with below market rents.Unique multifamily investment property. Great Value-Add Deal. Property consists of 5 units . Units are 3 2/1, 1 1/1, and an efficiency very clean income producing property in West Palm Beach . Quiet Street, Ample parking, long term tenants with below market rents.
  1. Listed by Daniel DeMott • KW Innovations
  2. Listed by Benjamin Bondarevsky • KW Innovations

Property Details for 620 47th Street

Subdivision
NORTH PALM BCH 2
Waterfront
No
Waterfront Details
None
Style
No Pool/No Water

Location

Listing Courtesy of KW Innovations

Sold By Northwood Realty LLC

Add your commute
LISTING UPDATED: 03/21/2024 10:20 AM

Property Details for 620 47th Street

StatusClosed
MLS #RX-10646648
Days on Market122
Taxes$5,573 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1925
Lot Size0.24 AC / 10,520 SF
CountyPalm Beach County

Location

Listing Courtesy of KW Innovations

Sold By Northwood Realty LLC

Add your commute

Building Information for 620 47th Street

Stories1Residences-Year Built1925Building Size-Lot Size0.24 AC / 10,520 SF

Payment Calculator

$2,675 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,210

Property Taxes

$464

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 620 47th Street

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: I-95 TO EXIT 74 (45TH ST) MERGE ONTO 45TH ST, 2 MILES THEN LEFT ONTO PINEWO
  • Geo Area: Palm Beach 5420; 5430; 5440
  • Street Number: 620
  • Subdivision Complex Bldg: NORTH PALM BCH 2
  • Municipal Code: West Palm Beach
  • State: FL
  • City Postal ID: 33407
  • MLS Area: 5420
  • MLS Sub Area: PB20
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 2%
  • HOPA: No Hopa
  • Tax Year: 2019
  • HOA Dues: $0
Property
Lot Information
  • Area: 5420
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Lot Dimensions: 100.0 ft x 105.0 ft
  • Parcel ID: 74434304050250800
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 3,143
  • Square Ft Source: Tax Rolls
  • Zoning: SF7(ci
Property and Assessments
  • Legal Desc: NORTH PALM BEACH PLAT NO 2 LTS 80 TO 83 INC BLK 25
  • Sq Ft Liv Area: 2736.0
  • Legal Description: NORTH PALM BEACH PLAT NO 2 LTS 80 TO 83 INC BLK 25
Utilities
  • Utilities: Electric, Public Water, Cable
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction, Frame Construction
  • Exterior Features: None
  • Private Pool: No
  • Subdiv Amenities: None
  • Gated Community YN: No
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Ceiling Fan, Wall-Win A/C
  • Flooring: Vinyl Floor
  • Heating: Window/Wall
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $36,811.00
  • Income & Expenses: Annual Total Expense: $23,190.00
  • Income & Expenses: Gross Operating Inc: $60,000.00
  • Tenant Pays: Electric, Cable, Water
Unit 1
  • Unit 1 Desc: Range - Electric, Kitchen, Refrigerator
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 1,100
  • Unit 1 Info: SqFt: 1434.0
  • Unit 1 Parking: Open Parking
Unit 2
  • Unit 2 Desc: Range - Electric, Refrigerator
  • Unit 2 Info: Bedrooms: 2
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $1,100
  • Unit 2 Info: SqFt: 963.0
  • Unit 2 Parking: Open Parking
Unit 3
  • Unit 3 Info: Bedrooms: 2
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Monthly Income: $1,100.00
  • Unit 3 Info: SqFt: 530.0
Unit 4
  • Unit 4 Info: Bedrooms: 1
  • Unit 4 Info: Full Bath: 1
  • Unit 4 Info: Monthly Income: $900.00
  • Unit 4 Info: SqFt: 216.0
Agent
Agent Only
  • Selling Agent Full Name: Christopher H Saia
  • Selling Office Branch ID: 276538551
Rental
Rental Information
  • Pets on Premises: No

Property History for 620 47th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 620 47th Street

Taxable ValueLand$129,674Additions$333,470Total$463,144
Tax Record2023$9,963 ($830 / month)
Home Facts
Baths5Total Finished SqFt1,224 SqFtAbove Grade Finished SqFt1,224 SqFtStories1Lot Size10,520 SqFtStyleDuplexYear Built1925Year Renovated1975ZoningSF7CountyPALM BEACHAPN74-43-43-04-05-025-0800

Schools near 620 47th Street

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

John F. Kennedy Middle School
Public6 to 8

Palm Beach Lakes High School
Public9 to 12

Northboro Elementary School
PublicPK to 5

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Innovations

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.