$1,250,000
For Sale

518 Biscayne Drive

West Palm Beach, FL 33401
3372 sqft | #RX-11052500
Browse 28 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Upgraded 4-unit multifamily property in historic Flamingo Park. Qualifies for favorable owner-occupant financing which allows the rental income to help qualify for the loan with as low as 5% downpayment.
Impact windows throughout. Each unit has Central AC and updated electrical panels. Units include in-unit washers and dryers, high ceilings, and tankless water heaters. A large backyard provides ample outdoor space for tenants. Durable flat roof (2014) and updated barrel tile roof. Plumbing is originally cast iron and much has been replaced with PVC. Please review the offering memo PDF in the attachments for information on buyer qualifications, tours, etc. Buyer must provide any of the following prior to touring: (1) sufficient preapproval for this property from a lender (2) proof of liquidity to purchase or (3) a list of real estate owned

  • Property Details
      • Utility FeaturesCable Connected, Electricity Connected, Public Sewer, Water Available
      • RoofBarrel, Built-Up, Tar/Gravel
      • SubdivisionFLAMINGO PARK IN
      • Exterior FeaturesAuto Sprinkler
      • Exterior MaterialsAuto Sprinkler
      • Property TypeMulti-Family
      • MLS #RX-11052500
      • MLS #RX-11052500
      • Lot Features< 1/4 Acre
      • Lot Description< 1/4 Acre
      • CountyPalm Beach
      • Original List Price$1,250,000
      • Property SubtypeQuadruplex
      • CoolingCentral
      • Taxes Annual$15,904
      • Cost1250000
      • ZoningSF14(c
      • Square Feet3372
      • Year Built1925
      • Stories2

Location

Hedilson Vieira | EXP Realty LLC.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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