712 Palmetto Street

West Palm Beach, FL 33405

$1,100,000
Last Sold Price
Beds
2,032 Sq. Ft.
$541 / Sq. Ft.
2,032
Sq. Ft.
$541
per Sq. Ft.

Description

This beautiful estate home has been operating as a highly successful, fully licensed short term rental venue with superb, detailed financials and plenty of up-side potential. The original glistening hard wood floors thru out the main house, the nautical modern furnishings of the guest house, and the spacious bathroom of the garden apartment make this property one of a kind. In addition to the three story mango tree, concrete and natural stone paved pathways thru out, and pictures fountains exemplifies...This beautiful estate home has been operating as a highly successful, fully licensed short term rental venue with superb, detailed financials and plenty of up-side potential. The original glistening hard wood floors thru out the main house, the nautical modern furnishings of the guest house, and the spacious bathroom of the garden apartment make this property one of a kind. In addition to the three story mango tree, concrete and natural stone paved pathways thru out, and pictures fountains exemplifies this estate home. The current owner/operators pride themselves on five-star hotel/resort standards down to the smallest details. Distinctive features of the property include a heated swimming pool, jacuzzi, BBQ with outdoor dining area, private backyard, mature landscaping. And so much more
  1. Listed by Dale Cameron Berry • Saint Enterprises RE Invst Crp

Property Details for 712 Palmetto Street

Subdivision
HILLSIDE PARK IN
Waterfront
No
Waterfront Details
None
Style
Pool Only

Location

Listing Courtesy of Saint Enterprises RE Invst Crp

Sold By Compass Florida LLC

Add your commute
LISTING UPDATED: 07/17/2023 04:01 PM

Property Details for 712 Palmetto Street

StatusClosed
MLS #RX-10762200
Days on Market42
Taxes$4,475 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1928
Lot Size-
CountyPalm Beach County

Location

Listing Courtesy of Saint Enterprises RE Invst Crp

Sold By Compass Florida LLC

Add your commute

Building Information for 712 Palmetto Street

Stories2Residences-Year Built1928Building Size-Lot Size-

Payment Calculator

$6,376 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$373

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 712 Palmetto Street

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Proceed south on Parker Ave. just north of Forest Hill Boulevard. Turn east on Palmetto Street.
  • Geo Area: Palm Beach 5420; 5430; 5440
  • Street Number: 712
  • Subdivision Complex Bldg: HILLSIDE PARK IN
  • Municipal Code: West Palm Beach
  • State: FL
  • City Postal ID: 33405
  • MLS Area: 5440
  • MLS Sub Area: PB20
Parking
  • Carport Spaces: 2
Taxes and HOA Information
  • Comm/Trans Brk: 2%
  • HOPA: No Hopa
  • Tax Year: 2021
  • HOA Dues: $0
Property
Lot Information
  • Area: 5440
  • HOA Amenities: None
  • Lot Description: 1/2 to < 1 Acre, Public Road, Sidewalks
  • Parcel ID: 74434409040000440
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 2,331
  • Square Ft Source: Tax Rolls
  • Zoning: Residential
Property and Assessments
  • Legal Desc: HILLSIDE PARK LTS 44 TO 47 INC
  • Sq Ft Liv Area: 2032.0
  • Legal Description: HILLSIDE PARK LTS 44 TO 47 INC
Utilities
  • Utilities: Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Concrete Block Construction, Concrete Block With Brick, Frame With Stucco, Stucco Exterior Construction
  • Exterior Features: Auto Sprinkler, Awnings, Cabana, Exterior W/D Hookup, Fence, Fruit Tree(s), Open Patio
  • Private Pool: Yes
  • Storm Protection: Accordion Shutters: Complete
  • Subdiv Amenities: None
  • Gated Community YN: No
Interior Features
  • Roof: Mixed, Tar/Gravel
  • Separate Elec Meters: No
  • Separate Wtr Meters: No
  • Cooling: Ceiling Fan, Central Individual, Wall-Win A/C
  • Flooring: Ceramic Tile, Terrazzo Floor, Wood Floor
  • Heating: Central Individual
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $50,934.80
  • Income & Expenses: Annual Total Expense: $99,330.73
  • Income & Expenses: Gross Operating Inc: $150,265.53
  • Tenant Pays: None
Unit 1
  • Unit 1 Desc: A/C Unit, Dishwasher, Disposal, Electric Meter, Kitchen, Microwave, Patio, Range - Electric, Refrigerator, Separate Dining, Split Bedrooms, Window Cover
  • Unit 1 Info: Full Bath: 2
  • Unit 1 Info: Furnished: Yes
  • Unit 1 Info: Monthly Income: 7,155
  • Unit 1 Info: SqFt: 1852.0
  • Unit 1 Parking: Carport - Attached
Unit 2
  • Unit 2 Desc: A/C Unit, Kitchen, Microwave, Refrigerator
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: Yes
  • Unit 2 Info: Monthly Income: $1,789
  • Unit 2 Info: SqFt: 180.0
  • Unit 2 Parking: Carport - Attached
Unit 3
  • Unit 3 Desc: A/C Unit, Dishwasher, Disposal, Microwave, Range - Electric, Refrigerator
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Furnished: Yes
  • Unit 3 Info: Monthly Income: $3,577.73
  • Unit 3 Info: SqFt: 700.0
  • Unit 3 Parking: Carport - Detached
Unit 4
  • Unit 4 Info: Monthly Income: $.00
  • Unit 4 Info: SqFt: 0.0
Agent
Agent Only
  • Selling Agent Full Name: Naomi Freeman
  • Selling Office Branch ID: 276611618
Rental
Rental Information
  • Pets on Premises: Yes

Property History for 712 Palmetto 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 712 Palmetto Street

Taxable ValueLand$241,000Additions$676,961Total$917,961
Tax Record2023$19,403 ($1,617 / month)
Home Facts
Beds4Baths3Total Finished SqFt2,032 SqFtAbove Grade Finished SqFt2,032 SqFtStories2Lot Size11,090 SqFtStyleSingle Family ResidenceYear Built1928Year Renovated2000ZoningSF7CountyPALM BEACHAPN74-43-44-09-04-000-0440

Schools near 712 Palmetto Street

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
Palmetto Elementary School
PublicPK to 5

Conniston Middle School
Public6 to 8

Forest Hill Community High School
Public9 to 12

Renaissance Charter School At Summit
CharterK to 8

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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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 Saint Enterprises RE Invst Crp

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.