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Recently Renovated Rent-Stabilized 4-Plex 518 Biscayne Dr Immeuble residentiel 4 lots À vendre West Palm Beach, FL 33401
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Future Upside: Historic Flamingo Park remains one of the most stable and appreciating neighborhoods in West Palm Beach
- Income Versatility: Ideal for a "house hack" (live in one unit and rent the others) or as a high-performing addition to a long-term rental portfolio.
- Urban Convenience: Minutes from Downtown West Palm Beach, Clematis Street, and The Square (formerly CityPlace) for world-class dining,& shopping
- Strong Rental Demand: Located in a high-density, high-demand historic district with a proven track record of consistent occupancy.
- Walker’s Paradise: Boasting a Walk Score of 84, you are just steps away from Bedner’s Farm Fresh Market, The New Park Place Retail Development & More
- Connectivity: Ideally situated for professionals and students. Minutes away from PB Atlantic University, PBC Courthouse, Brightline & The Airport
Résumé analytique
STUNNING RENOVATION IN PROGRESS:
All 4 units have (or will have) totally renovated kitchens and bathrooms: (2 of the 4 units are done)
KITCHEN
1. New Cabinents & Cupboard
2. New Sink
3. New Samsung Oven
4. New Samsung Microwave
BATHROOM
1. New Vanity & Sink
2. New Shower
3. New Tile
OTHER IMPROVEMENTS:
1. Recent HVAC service on all 4 units
2. Roof is getting resealed
3. Back Patio Concrete Repair
4. Landscape Improvements
5. Fence Repair
___________________________________________________
OCCUPANCY & RENT
3 of the 4 units are currently occupied. All 3 rents are moderately below market which will transition to heavily below market once the renovations are complete.
___________________________________________________
The Flamingo Park 4-Plex in West Palm Beach offers an unbeatable location within walking distance to Konro (Michelin-Rated), Jeff Green Private School, the charming Antique Row district and the new Park Place retail development. Residents can enjoy the convenience of strolling to nearby dining, shopping, and cultural attractions, as well as easy access to the area's renowned arts district and the vibrant downtown area. With its proximity to these sought-after amenities, this property is a standout opportunity for multifamily/low-rise/garden investors seeking a prime investment in the heart of West Palm Beach.
All 4 units have (or will have) totally renovated kitchens and bathrooms: (2 of the 4 units are done)
KITCHEN
1. New Cabinents & Cupboard
2. New Sink
3. New Samsung Oven
4. New Samsung Microwave
BATHROOM
1. New Vanity & Sink
2. New Shower
3. New Tile
OTHER IMPROVEMENTS:
1. Recent HVAC service on all 4 units
2. Roof is getting resealed
3. Back Patio Concrete Repair
4. Landscape Improvements
5. Fence Repair
___________________________________________________
OCCUPANCY & RENT
3 of the 4 units are currently occupied. All 3 rents are moderately below market which will transition to heavily below market once the renovations are complete.
___________________________________________________
The Flamingo Park 4-Plex in West Palm Beach offers an unbeatable location within walking distance to Konro (Michelin-Rated), Jeff Green Private School, the charming Antique Row district and the new Park Place retail development. Residents can enjoy the convenience of strolling to nearby dining, shopping, and cultural attractions, as well as easy access to the area's renowned arts district and the vibrant downtown area. With its proximity to these sought-after amenities, this property is a standout opportunity for multifamily/low-rise/garden investors seeking a prime investment in the heart of West Palm Beach.
Data room Cliquez ici pour accéder à
Bilan financier (Pro forma - 2026) Cliquez ici pour accéder à |
Annuel | Annuel par m² |
|---|---|---|
| Revenu de location brut |
$99,999
|
$9.99
|
| Autres revenus |
-
|
-
|
| Perte due à la vacance |
-
|
-
|
| Revenu brut effectif |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Frais d’exploitation |
$99,999
|
$9.99
|
| Total des frais |
$99,999
|
$9.99
|
| Résultat net d’exploitation |
$99,999
|
$9.99
|
Bilan financier (Pro forma - 2026) Cliquez ici pour accéder à
| Revenu de location brut | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Autres revenus | |
|---|---|
| Annuel | - |
| Annuel par m² | - |
| Perte due à la vacance | |
|---|---|
| Annuel | - |
| Annuel par m² | - |
| Revenu brut effectif | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Taxes | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Frais d’exploitation | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Total des frais | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Résultat net d’exploitation | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
Informations sur l’immeuble
| Type de vente | Investissement | Surface du lot | 0,06 ha |
| Nb de lots | 4 | Surface de l’immeuble | 336 m² |
| Type de bien | Immeuble residentiel | Occupation moyenne | 75% |
| Sous-type de bien | Appartement | Nb d’étages | 2 |
| Style d’appartement | De faible hauteur | Année de construction | 1925 |
| Classe d’immeuble | C | ||
| Zonage | SF14-C2 - SF14-C2—HIST. 2 PIEDS CARRÉS À HAUTE DENSITÉ (74-WEST PALM BEACH) | ||
| Type de vente | Investissement |
| Nb de lots | 4 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,06 ha |
| Surface de l’immeuble | 336 m² |
| Occupation moyenne | 75% |
| Nb d’étages | 2 |
| Année de construction | 1925 |
| Zonage | SF14-C2 - SF14-C2—HIST. 2 PIEDS CARRÉS À HAUTE DENSITÉ (74-WEST PALM BEACH) |
Caractéristiques
Caractéristiques du lot
- Climatisation
- Balcon
- Prêt pour le câble
- Machine à laver/sèche-linge
- Raccord machine à laver/sèche-linge
- Chauffage
- Ventilateurs de plafond
- Cuisine
- Planchers en bois
- Réfrigérateur
- Cuisinière
- Cour
- Terrasse
- Pièce de détente
- Fenêtres à double vitrage
- Pelouse
- Patio
- Porche
- Sol en vinyle
- Couvre-fenêtres
Caractéristiques du site
- Local à vélos
- Salle de bain privée
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 1+1 | 2 | 2 243 € | 84 |
| 2+1 | 2 | 2 416 € | 84 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Taxes foncières
| Numéro de parcelle | 74-43-43-28-06-019-0030 | Évaluation totale | 651 925 € (2025) |
| Évaluation du terrain | 0 € (2025) | Impôts annuels | -1 € (0,00 €/m²) |
| Évaluation des aménagements | 0 € (2025) | Année d’imposition | 2026 |
Taxes foncières
Numéro de parcelle
74-43-43-28-06-019-0030
Évaluation du terrain
0 € (2025)
Évaluation des aménagements
0 € (2025)
Évaluation totale
651 925 € (2025)
Impôts annuels
-1 € (0,00 €/m²)
Année d’imposition
2026
1 sur 10
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Recently Renovated Rent-Stabilized 4-Plex | 518 Biscayne Dr
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