Bought with Illustrated Properties LLC
$800,000
$850,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
3,348 SqFt
SOLD DATE : 02/25/2025
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,348 sqft
Price per Sqft $238
Subdivision Palm City Gardens
MLS Listing ID RX-11058056
Sold Date 02/25/25
Bedrooms 6
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1982
Annual Tax Amount $8,956
Tax Year 2024
Lot Size 0.350 Acres
Property Sub-Type Quad Plex
Property Description
Investment Opportunity with a lot of potential in growing Palm City - this 4 Plex on a quiet cul-de-sac features Four (2) bedroom, (1) bath apartments with approx 837 a/c sf per unit. Each unit includes 2 parking spaces, ceiling fans, newer appliances, and use of on-site laundry facility. Two units are MTM, one lease end Feb 2025, the other Sept 2025. Solid paying tenants. In need of minor facelift - Major room to improve the current rent roll. Convenient to I-95 & Turnpike. Do not disturb tenants. Call Listing Agents.
Location
State FL
County Martin
Area 10 - Palm City West/Indiantown
Zoning Quadriplex
Interior
Heating No Heat
Cooling Central
Flooring Other
Exterior
Exterior Feature Room for Pool
Utilities Available Electric, Septic, Well Water
Amenities Available None
Waterfront Description None
Roof Type Comp Shingle
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation CBS
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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