722 9th Street

West Palm Beach, FL 33401

$1,700,000
Price
Beds
6,000 Sq. Ft.
$283 / Sq. Ft.
6,000
Sq. Ft.
$283
per Sq. Ft.

Description

Investors! This residential income or single family compound is a Sixplex in the heart of WPB on a 12,197 sq ft Oversized Lot! The (6) units consist of 4 buildings. 2 Duplexes, 2 SFRs freestanding Investment properties to be sold as one portfolio. Package includes: One 5 bedroom 2 bath, Two 3 Bedroom 1 Bath, and Three 2 Bedroom 1 Bath. Each has its own electric meter & 722 and 722 1/2 share water meter. The property has a generous parking for tenants and guests. Large capital investments in this...Investors! This residential income or single family compound is a Sixplex in the heart of WPB on a 12,197 sq ft Oversized Lot! The (6) units consist of 4 buildings. 2 Duplexes, 2 SFRs freestanding Investment properties to be sold as one portfolio. Package includes: One 5 bedroom 2 bath, Two 3 Bedroom 1 Bath, and Three 2 Bedroom 1 Bath. Each has its own electric meter & 722 and 722 1/2 share water meter. The property has a generous parking for tenants and guests. Large capital investments in this area by the city of WPB. PRIME LOCATION to invest, renovate or build. This area of West Palm Beach is quickly becoming home to those who seek a tax-friendly environment and who want to capitalize on the initial growth stage initiated by residential developments.
  1. Listed by Michelle D Poindexter • Ask & You Shall Receive Realty
  2. Listed by Shavonne Edgecombe • Ask & You Shall Receive Realty

Property Details for 722 9th Street

Subdivision
FRESHWATER ADD TO WPB AMNDED IN PB 6 P 29 & PB 7 P 84
Waterfront
No
Waterfront Details
None
Style
No Pool/No Water

Location

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LISTING UPDATED: 02/26/2024 09:32 AM

Property Details for 722 9th Street

StatusActive
MLS #RX-10953794
Days on Market101
Taxes$11,722 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1961
Lot Size-
CountyPalm Beach County

Location

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Building Information for 722 9th Street

Stories2Residences6Year Built1961Building Size-Lot Size-

Payment Calculator

$10,254 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,278

Property Taxes

$977

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 722 9th Street

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Exit I-95 east to Division Ave N and right on 9th Street
  • Geo Area: Palm Beach 5420; 5430; 5440
  • Street Number: 722
  • Subdivision Complex Bldg: FRESHWATER ADD TO WPB AMNDED IN PB 6 P 29 & PB 7 P 84
  • Municipal Code: West Palm Beach
  • State: FL
  • City Postal ID: 33401
  • MLS Area: 5420
  • MLS Sub Area: PB20
Parking
  • Carport Spaces: 0
  • Garage Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 2%
  • HOPA: No Hopa
  • Tax Year: 2023
Property
Lot Information
  • Area: 5420
  • HOA Amenities: None
  • Lot Description: Paved Road, Public Road, Sidewalks, West of US-1
  • Parcel ID: 74434316010090030
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 6,227
  • Square Ft Source: Other
  • Zoning: MFR 5 TO 9 UNIT
Property and Assessments
  • Legal Desc: FRESHWATER ADD TO WPB AMNDED LT 3 & LT 4 (LESS S 35 FT OF W 5 FT) BLK 9
  • Sq Ft Liv Area: 6000.0
  • Legal Description: FRESHWATER ADD TO WPB AMNDED LT 3 & LT 4 (LESS S 35 FT OF W 5 FT) BLK 9
Utilities
  • Utilities: Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Brick Exterior Construction, Brick Veneer, Cbs Construction, Frame With Stucco, Stucco Exterior Construction
  • Exterior Features: Open Porch
  • Private Pool: No
  • Storm Protection: Panel Shutters: Partial
  • Subdiv Amenities: None
  • Gated Community YN: No
  • Structure Type: Quadruplex
Interior Features
  • Roof: Other
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Central, Electric, Wall-Win A/C
  • Flooring: Laminate, Terrazzo Floor, Tile
  • Heating: Central, Electric
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $7,478.00
  • Income & Expenses: Annual Total Expense: $11,722.00
  • Income & Expenses: Gross Operating Inc: $19,200.00
  • Tenant Pays: Electric, Sewer, Water
Unit 1
  • Unit 1 Desc: A/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator, Smoke Detector
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 0
  • Unit 1 Info: SqFt: 870.0
  • Unit 1 Parking: Open Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator, Smoke Detector
  • Unit 2 Info: Bedrooms: 6
  • Unit 2 Info: Full Bath: 2
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $0
  • Unit 2 Info: SqFt: 2068.0
  • Unit 2 Parking: Open Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator, Smoke Detector
  • Unit 3 Info: Bedrooms: 5
  • Unit 3 Info: Full Bath: 2
  • Unit 3 Info: Furnished: No
  • Unit 3 Info: Monthly Income: $.00
  • Unit 3 Info: SqFt: 2089.0
  • Unit 3 Parking: Open Parking
Unit 4
  • Unit 4 Desc: A/C Unit, Kitchen, Range - Electric, Refrigerator, Smoke Detector
  • Unit 4 Info: Bedrooms: 4
  • Unit 4 Info: Full Bath: 2
  • Unit 4 Info: Furnished: No
  • Unit 4 Info: Monthly Income: $1,600.00
  • Unit 4 Info: SqFt: 1200.0
  • Unit 4 Parking: Open Parking
Rental
Rental Information
  • Pets on Premises: No

Property History for 722 9th 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 722 9th Street

Taxable ValueLand$97,400Additions$514,712Total$612,112
Tax Record2023$11,722 ($977 / month)
Home Facts
Beds0Baths8Total Finished SqFt870 SqFtAbove Grade Finished SqFt870 SqFtStories1Lot Size12,384 SqFtStyleSingle Family ResidenceYear Built1961Year Renovated1971ZoningNWD-R-C1CountyPALM BEACHAPN74-43-43-16-01-009-0030

Schools near 722 9th 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
U. B. Kinsey/Palmview Elementary School
PublicPK to 5

Conniston Middle School
Public6 to 8

Forest Hill Community 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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722 9th Street is a multi-family home for sale in West Palm Beach, FL 33401. This property was listed for sale on January 25, 2024 by Ask & You Shall Receive Realty, it's currently listed at $1,700,000. This listing's school district is Palm Beach. Nearby schools include U. B. Kinsey/Palmview Elementary School, Conniston Middle School and Forest Hill Community High School. 722 9th Street is a 0-bed, 0-bath, 6,000 sqft multi-family home built in 1961.

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 Ask & You Shall Receive Realty

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.