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Kevin Mecabe

Florida Coastal Living
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904 4th Street
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PRICED AT ONLY: $989,900

Address: 904 4th Street, West Palm Beach, FL 33401

Description

Located in the heart of West Palm Beach within walking distance of downtown, this unique property features three detached buildings. The main house boasts 8 bedrooms and 3.5 bathrooms, complemented by a guest house with 1 bedroom and 1 bathroom, and a smaller studio with its own bathroom. All three buildings are situated on a spacious 6,534 SQFT lot. This triplex is located just 5 minutes from Clematis Street, 10 minutes from Palm Beach Island, and 10 minutes from Palm Beach International Airport. Generating $8,150 a month, the property has a new roof installed in 2022 and underwent modern renovations in 2023. With its prime location and recent upgrades, the possibilities are endless for this exceptional investment opportunity. Showings are by appointment only, as it is fully occupied.
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  •   Principal & Interest -
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  •   Home Insurance $
  •   HOA Fees $
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  • MLS#: RX-10997568 ( Triplex )
  • Street Address: 904 4th Street
  • Viewed: 6
  • Price: $989,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Days On Market: 198
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Features
Building and Construction
  • Absolute Longitude: 80.060995
  • Construction: CBS, Frame
  • Exterior Features: Fence, Fruit Tree(s)
  • Flooring: Laminate, Vinyl Floor
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Sqft Total: 3499.00
  • Total Building Sqft: 3430.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre
  • Subdivision Information: None
School Information
  • Elementary School: Roosevelt Elementary School
  • High School: Forest Hill Community High School
  • Middle School: Conniston Middle School
Eco-Communities
  • Private Pool: No
  • Storm Protection Panel Shutters: Partial
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Individual
  • Heating: Central Individual
  • Number Of Stories: 2.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Public Sewer, Public Water
Finance and Tax Information
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 67000.00
  • Income Expenses Annual Total Expense: 30000.00
  • Income Expenses Gross Operating Inc: 97200.00
  • Source Of Expenses: Owner
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Cable, Electric, Water
Other Features
  • Avail Info: Deposit Security, Leases
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: CLOWS ADDITION LT 2 BLK 23
  • Spa: No
  • Parcel Id: 74434321060230020
  • Possession: At Closing, Subject to Lease
  • Special Assessment: No
  • Zoning: NWD-R(
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You can decide to knock down or collect rents @ $87K gross per year. Collect rent while you are preparing your plans and approval process with the city. New Pitch Roof 2023. The lot 9,879 sqft & is z

  1. MLSID: RX-11039799
  2. Provided by Michael Kaufman Real Estate Inc
  3. Contact Michael A. Kaufman
  4. (561) 459-0069
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Kevin Mecabe