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Sold for $230,000 on 04/03/24
  • $230,000

    614 N Tamarind Avenue, West Palm Beach, FL 33401

    4beds
    1,500sqft
    Duplex
    Built in 1953
    -- sqft lot
    $303,100 Zestimate®
    $153/sqft
    $2,808 Estimated rent

    What's special

    POTENTIAL CASH COW!!! 2 2BR/1BA rental apartments. recently trashed out and ready to remodel. Painting of exterior will be completed 2/14/2024. Property is Compliant with WPB Code Enforcement, rents for this zipcode are $2100-$2200/mo . PROPERTY IS CLEAR OF LIENS AND WE HAVE THE TITLE COMMITTMENT IN PLACE. CAN CLOSE IN 3-4 DAYS FOR CASH SALE. TOTAL RENOVATION NEEDED. 2 2BR/1BA POTENTIAL RENTAL UNITS WITH ATTACHED 1 CAR GARAGE.FANTASTIC OPPORTUNITY WITH BIG THINGS PROPOSED FOR THIS NEIGHBORHOOD . REDEVELOPMENT IS ALL AROUND AND ONGOING. NO STREET ACCESS AT THIS TIME AS TAMARIND HAS LIMITED ACCESS DUE TO ONGOING UNDERGROUND(STREET) PIPE REPLACEMENT AND REPAIRS. FOR UTILITIES REPAIRS. .EXPECT TO INVEST AT LEAST $25 K PER UNIT IN RENOVATIONS. This 2 Unit building features 2BR/1Ba units in need of complete and total renovations. Property is Boarded Up and the only showings will be after we have a fully executed Contract with deposit on file with CLA Title and Escrow. 2 700Sq ft 2br rental apartments in the HOT Northwest Neighborhood which is going thru a major rennaisance with big things planned for the future. Hundreds of properties have been acquired by some leading Hedge Funds and redevelopment with high end luxury rental buildings are being rented currently. Imagine a Duplex with 1800 sq ft and a 1 car garage for $265,000!.. you'll need to spend a considerable amount of $$$ renovating and redoing this building but you'll have a CASH COW on your hands if you do. LA

    Zillow last checked: 7 hours ago

    Listing updated: April 05, 2024 at 06:03am

    Listed by:

    George R Gamble 561-968-9292,

    Century 21 America's Choice/WPB

    Bought with:

    George R Gamble

    Century 21 America's Choice/WPB

    Source: BeachesMLS,MLS#: RX-10901890MLS LogoOriginating MLS: Beaches MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • None
    Cooling
    • Central Individual, None
    Features
    • Flooring: Ceramic Tile, Linoleum
    Interior area
    • Total structure area: 1,800
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached, Open Parking
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: None
    • Waterfront features: None
    Lot
    • Size: 2,000 sqft
    • Dimensions: 40 x 50
    • Features: Interior Lot, Sidewalks, West of US-1
    Details
    • Parcel number: 74434321060090073
    • Zoning: NWD-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • CBS
    • Roof: Comp Rolled
    Condition
    • Resale
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Utilities for property: None

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), Smoke Detector
    Community
    • Community features: None
    Location
    • Region: West Palm Beach
    • Subdivision: Clows Addition To West Palm Beach

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: Cash
    • Road surface type: Paved
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $303,100

    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

    $303,100