Cash Deal in West Palm Beach, FL 33407

$344,900

Beds

Baths

572

Sq ft

1954

Year built

$105K spread

About this property

Property Details

Address: 620 51st St #620, West Palm Beach, FL 33407
Bed/Bath: 4 Bed / 2 Bath
Square Footage: 572 sqft
Year Built: 1954
HOA Restrictions: No HOA
Multi-Unit: 2 unit

Features + Amenities

Furnished: No
Pool: No
Tenant Occupied: N/A
Monthly Rent: N/A
Est. Repairs: N/A

Financing Details

Purchase Price: $344,900
Est. ARV: $450,000
PP Percent of ARV: $450,000%

Monthly Payments

Exit Scenarios

Est. Average LTR: $1,474
Est. Average STR: $8,225

Additional Details

Property Highlights

Main House: 2 Bed / 1 Bath - Currently rented for $1,500/month (Month-to-Month)
Detached Efficiency: 2 Bed / 1 Bath - Currently rented for $1,100/month (Month-to-Month)
No HOA
Clean Title
Roof: Unknown age with no active leaks
A/C: Window units
Electrical & Plumbing, No known issues
Occupancy: Two month-to-month tenants in place

Property snapshot

Layout4 Bed / 3 Bath

Living area572 sq ft

Year built1954

Property typeMulti-Family

CountyPalm Beach County

Deal details

Asking price$344,900

ARV estimate$450,000

Spread (ARV − asking)$105,100

Brought to you by

Ms. Meriam Aberri

Miami Off-Market Deals

+1 (305) 762-9521 office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking

$345K

ARV est.

$450K

Spread

$105K

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