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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

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    $2,193/mo

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    $2,193/mo

    Rent Zestimate®

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    $3,568/mo

    Est. payment

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    $3,568/mo

    Est. payment

    What's special

    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!

    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-11058894MLS LogoOriginating 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