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1655 S Florida Mango RD West Palm Beach, FL
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Key Details
Sold Price $2,050,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,280 sqft
Price per Sqft $281
MLS Listing ID R11136538
Year Built 1969
Annual Tax Amount $23,091
Tax Year 2024
Lot Size 0.560 Acres
Property Sub-Type Multi Family
Property Description
Excellent investment opportunity featuring a 12-unit multifamily property with all 1-bedroom, 1-bathroom units. Each unit has a separate electric meter; the landlord pays for water, common area electric, and lawn maintenance. On-site coin laundry with two newer washers and dryers provides additional income. Most tenants are long-term with below-market rents, offering strong upside potential.
Location
State FL
County Palm Beach
Community Laundry Facilities
Area 5470
Interior
Heating Electric
Cooling Electric, Wall/Window Unit(s)
Flooring Tile
Exterior
Community Features Laundry Facilities
Roof Type Composition
Building
Lot Description Subdivision
Sewer Septic Tank
Water Public
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Yairen Busto Partnership Realty Inc.
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