Welcome to this completely remodeled duplex nestled on a spacious 0.44-acre lot in the heart of Palm Beach Gardens. This stunning property offers a fantastic opportunity for both investors and owner-occupants, featuring two fully renovated 2-bedroom, 1-bathroom units with modern upgrades throughout. Recently updated in 2022, the home boasts a new metal roof, a fully remodeled interior, and brand-new windows, ensuring durability and energy efficiency. One unit is currently rented at $2,200/month, well below the market rate of $2,400 per unit, presenting the potential for an impressive 8% return. The second unit is vacant, making it perfect for an owner looking to live in one unit while renting the other or for an investor seeking a high-performing rental property. As you arrive, you'll be greeted by lush tropical landscaping, separate oversized driveways for each unit, and a fully fenced yard, providing privacy and ample parking for both units. Step inside to discover a bright and open-concept floor plan with beautifully laid tile floors, upgraded baseboards, and LED recessed lighting throughout. The stylish kitchen is a chef's dream, featuring solid wood cabinetry with upgraded hardware, stunning quartz countertops, a decorative backsplash, stainless steel Samsung appliances, a farmhouse sink, and a breakfast bar for casual dining. The expansive living room is perfect for relaxation, enhanced by large windows that fill the space with natural light and sliding glass doors leading to a private backyard. Both bedrooms are generously sized, offering custom-built closet organizers, upgraded ceiling fans, and elegant window treatments. The modern bathroom is equally impressive, featuring a solid wood double vanity, upgraded light fixtures, and a beautifully tiled shower/tub combo with stylish hardware. Step outside to find private fenced-in yards for each unit, offering a serene retreat for outdoor enjoyment. One unit includes a detached utility building with a washer, dryer, and a spacious storage room, while the other unit has its own indoor washer and dryer. The location is unbeatablejust minutes from shopping, dining, entertainment, downtown Palm Beach Gardens, I-95, Florida Turnpike and PBI Airport, with Publix within walking distance for ultimate convenience. Whether you're looking for a turnkey investment or a comfortable home with rental income, this meticulously updated duplex is a rare find in Palm Beach Gardens. Don't miss out on this incredible opportunity!
Sold for $545,000 on 03/10/25
$545,000
8719 40th Terrace N, Palm Beach Gardens, FL 33410
4beds
1,930sqft
Duplex
Built in 1969
-- sqft lot
$538,800 Zestimate®
$282/sqft
$2,193 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 11, 2025 at 05:13am
Listed by:
Brett A Colby 561-903-4200,
RE/MAX Direct
Bought with:
Andres Londono
Safebound Realty LLC
Source: BeachesMLS,MLS#: RX-11058894
Originating MLS: Beaches MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric, A/C Unit
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Range - Electric
- Laundry: In Unit, Laundry
Features
- Kitchen, Stack Bedrooms, Utility
- Flooring: Tile
- Windows: Blinds
Interior area
- Total structure area: 2,034
- Total interior livable area: 1,930 sqft
Property
Parking
- Parking features: Open, Open Parking
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Open Porch
- Exterior features: Room for Pool, Well Sprinkler
- Fencing: Fenced
- Has view: Yes
- View description: Other
- Waterfront features: None
Lot
- Size: 0.44 Acres
- Features: 1/4 to 1/2 Acre, West of US-1
Details
- Additional structures: Shed(s)
- Parcel number: 52424224000001700
- Zoning: RM(cit
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Block, CBS, Concrete
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1969
Utilities & green energy
- Electric: Electric Meter, Separate Electrical Meters
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s), Smoke Detector
Community
- Community features: None
Location
- Region: Palm Beach Gardens
- Subdivision: Palm Beach Gardens
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
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Estimated market value
$538,800