323 Almeria Road West Palm Beach FL 33405 | MLS RX-10694223

323 Almeria Road
West Palm Beach, FL, 33405
$1,790,000
Beds
Baths
0 SqFt
0.25 Acres
Great Apartment Building in West Palm Beach, Great Investment, Highly Sought After Area. $140,000 Gross Annual Income – DO NOT DISTURB TENANTS, 10 Unit Apartment Building, Fully Occupied, Just Off Intracoastal. Rent Roll & Income Sheet In Documents on MLS. 6% Cap Rate, Rental Income = $140,000, Expenses = $34,000. Separate Meters, On Site Parking, Central AC For Each Unit & 2 On Site Washer & Dryer Units Bringing in $190 Per Month Additional. Building In Excellent Condition & Always Fully Occupied with Tenant Waiting List. Great Area & Rents Can Be Increased For Higher Income & Cap Rate.

Property Details

Price:
$1,790,000
MLS #:
RX-10694223
Status:
Pending
Address:
323 Almeria Road
Type:
Commercial
City:
West Palm Beach
Listed Date:
Feb 22, 2021 (4 days)
State:
FL
ZIP:
33405
Subdivision:
EL CID PARK ADD
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1928

Schools

Interior

Cooling
Central
Flooring
Tile, Vinyl Floor, Wood Floor
For Lease
No
Heating
Central

Exterior

Construction
Frame, Stucco
Roof
Comp Shingle
% Air Conditioned
100.00

Financial

Utilities
Cable, Electric, Public Sewer, Public Water

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Jimmy has been helping buyers and sellers find their dream homes since 2009. With over 1,000 properties sold and hundreds of happy clients, Jimmy is the first and only realtor you should contact if you are in Palm Beach, Broward or Miami Dade county.

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