INVESTOR'S DREAM! SIX INCOME PRODUCING UNITS. CBS MULTI-FAMILY IN PRIME LOCATION. This property includes two Triplexes; Each unit has 3 bedrooms, 2 full bathrooms. All units are on separate water/electric meters. Roofs were replaced in 2022. All AC units are less than 5 years old with the exception of one. All tenants are month to month except one tenant who has lease in place until July 2024. Tenants pay $1,800 each with the exception of one tenant at $1,400. Tenants have been here long-term which is why rents are very undervalued. Washer/dryer hookups available. *This listing includes 4405 3rd Rd S and 4031 3rd Rd S. Taxes in listing are for both properties. Property is centrally located being only minutes from PBI Airport, Rosemary Square, I95, Brightline.
Sold for $1,550,000 on 10/05/23
$1,550,000
4005 3rd Road S, West Palm Beach, FL 33406
9beds
6,854sqft
Triplex
Built in 1977
-- sqft lot
$1,359,200 Zestimate®
$226/sqft
$2,659 Estimated rent
Home value
$1,359,200
$1.13M - $1.63M
$2,659/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 04, 2025 at 09:02am
Listed by:
Christiana Nardozzi 561-909-9718,
Nardozzi Homes
Bought with:
Martha Rodriguez
Grand Realty of America Corp
Source: BeachesMLS,MLS#: RX-10916815
Originating MLS: Beaches MLS
Originating MLS: Beaches MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Central
Cooling
- Central Air, A/C Unit
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Range - Electric
- Laundry: In Unit, Laundry
Features
- Kitchen
- Flooring: Other
- Windows: Complete Panel Shutters
Interior area
- Total structure area: 6,854
- Total interior livable area: 6,854 sqft
Property
Parking
- Parking features: Open, Space Parking, Open Parking
- Has uncovered spaces: Yes
Features
- Stories: 1
- Fencing: Fenced
- Has view: Yes
- View description: Garden
- Waterfront features: None
Details
- Parcel number: 00424401100000191
- Zoning: 088-RM
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- CBS
- Roof: Comp Shingle
Condition
- Resale
- New construction: No
- Year built: 1977
Utilities & green energy
- Electric: Electric Meter, Separate Electrical Meters
- Sewer: Septic Tank
- Water: Public, Separate Water Meters
- Utilities for property: Cable Connected, Electricity Connected, Water Available
Community & neighborhood
Community
- Community features: Sidewalks, Street Lights
Location
- Region: West Palm Beach
- Subdivision: Trail Acres In
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2023 | Sold | $1,550,000-3.1%$226/sqft |
Source:  BeachesMLS #RX-10916815 Report a problem | ||
| 9/12/2023 | Pending sale | $1,600,000$233/sqft |
Source: BeachesMLS #RX-10916815 Report a problem | ||
| 9/4/2023 | Listed for sale | $1,600,000+788.9%$233/sqft |
Source: BeachesMLS #RX-10916815 Report a problem | ||
| 5/15/2000 | Sold | $180,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,929 +18.3% | $434,832 +38.8% |
| 2023 | $6,703 +12% | $313,245 +10% |
| 2022 | $5,984 +7.7% | $284,768 +10% |
Find assessor info on the county website
Neighborhood: 33406
Nearby schools
GreatSchools rating
- 4/10Berkshire Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Palm Springs Middle SchoolGrades: 6-8Distance: 1.3 mi
- 2/10John I. Leonard High SchoolGrades: PK,9-12Distance: 2.9 mi
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Estimated market value
$1,359,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,359,200