1012 Palm Beach Lakes Blvd West Palm Beach, FL 33401
SOLD! $79,990 - Duplex
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $250,000/$255,000
- Estimated Rehab: $100,000/$110,000
- Comparable Rent: $3,000
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 810 9th St - Duplex - 4/2 - 1248 sq ft - Rental Condition - March 2022 - Sold in 3 days for cash @ $290,000
- Comp 2: 605 11th St - Duplex - 8/2 - 2754 sq ft - Rental Condition - July 2022 - Sold for cash @ $379,990
- Comp 3: 1106 18th St- Duplex - 5/2 - 1562 sq ft - Rental Condition - Pending @ $388,000
- Comp 4: 1002 Palm Beach Lakes Blvd Unit #2 - 2/1 - Rental Condition - June 2022 - Rented @ $1500 per month
- Rehab Description: This property requires a complete restoration. Replace the roof, repair walls, remodel kitchens, remodel bathrooms, replace flooring, Install central a/c, replace electrical, repair plumbing, apply fresh paint inside/ out, and install landscaping. Structural improvements through out the home are required as well due to previous fire damage.
- Features: West Palm Beach DUPLEX for under 100k!!! The CBS rental property features two units both with 2 bedrooms and 1 bathroom. The neighborhood only requires basic low end rental finishes to achieve $1500 per unit!! Located just minutes away from Downtown West Palm Beach, Palm Beach International Airport, and Palm Beach Gardens outlet mall!
- Important Details: Vacant at Closing! - ***Buyer must sign a Hold Harmless agreement at closing to assume violations and liens.***
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab