1530 Crescent Cir new

West Palm Beach,FL 33403

$ 2600000

- Bed

0 Bath

10224 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 10,224 sqft

Price per Sqft $254

Subdivision Lake Park Add 3

MLS Listing ID A11858108

Style Fourplex

Construction Status Effective Year Built

HOA Y/N No

Year Built 1963

Annual Tax Amount $28,606

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

Exceptional opportunity to acquire a 10,000 SF, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.

Location

State FL

County Palm Beach

Community Lake Park Add 3

Area 5270

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Exterior

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Roof Type Concrete

Total Parking Spaces 12

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Effective Year Built

Others

Tax ID 36434221031350010

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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