627 32nd Street

West Palm Beach, FL 33407

$725,000
Price
Beds
1,946 Sq. Ft.
$373 / Sq. Ft.
1,946
Sq. Ft.
$373
per Sq. Ft.

Description

Cash only, AS IS. Investors special fourplex in West Palm Beach. All four units are fully leased on flexible month-to-month terms, providing an excellent cash flow opportunity in the heart of the city. Located near downtown West Palm Beach Northwood subdivision, close railway station, a supermarket, and top-rated schools, this property offers both convenience and strong returns. Don't miss this chance to own a profitable gem in West Palm Beach!Cash only, AS IS. Investors special fourplex in West Palm Beach. All four units are fully leased on flexible month-to-month terms, providing an excellent cash flow opportunity in the heart of the city. Located near downtown West Palm Beach Northwood subdivision, close railway station, a supermarket, and top-rated schools, this property offers both convenience and strong returns. Don't miss this chance to own a profitable gem in West Palm Beach!
  1. Listed by Shakir Ahmed • Continental Properties, Inc.

Property Details for 627 32nd Street

Subdivision
NORTHWOOD ADD
Waterfront
No
Waterfront Details
None
View
City, Garden
Style
No Pool/No Water
LISTING UPDATED: 11/21/2024 01:30 PM

Property Details for 627 32nd Street

StatusActive
MLS #RX-11014131
Days on Market123
Taxes$6,719 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1928
Lot Size0.14 AC / 5,950 SF
CountyPalm Beach County

Building Information for 627 32nd Street

Stories1Residences4Year Built1928Building Size-Lot Size0.14 AC / 5,950 SF

Property Information for 627 32nd Street

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Head east on Palm Beach Lakes Blvd toward N Australian Ave, Turn right onto 25th St, turn left on Pinewood Ave, Turn right onto 32th St., destination will be on the left.
  • Geo Area: Palm Beach 5420; 5430; 5440
  • Special Info: Sold As-Is
  • Street Number: 627
  • Subdivision Complex Bldg: NORTHWOOD ADD
  • Municipal Code: West Palm Beach
  • State: FL
  • City Postal ID: 33407
  • MLS Area: 5420
  • MLS Sub Area: PB20
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • HOPA: No Hopa
  • Tax Year: 2023
  • Application Fee: $.00
  • HOA Dues: $0
Property
Lot Information
  • Area: 5420
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Parcel ID: 74434309050400170
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 3,370
  • Square Ft Source: Appraisal
  • Zoning: SF7(ci
Property and Assessments
  • Legal Desc: NORTHWOOD ADD LT 17 BLK 40
  • Sq Ft Liv Area: 1946.0
  • Legal Description: NORTHWOOD ADD LT 17 BLK 40
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Exterior Features: None
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: None
  • Gated Community YN: No
  • Structure Type: Quadruplex
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: No
  • Separate Wtr Meters: No
  • Cooling: Central Building, Electric, Wall-Win A/C
  • Flooring: Clay Tile
  • Heating: Central, Window/Wall
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $73,000.00
  • Income & Expenses: Annual Total Expense: $19,482.00
  • Income & Expenses: Gross Operating Inc: $96,000.00
  • Tenant Pays: None
Unit 1
  • Unit 1 Desc: A/C Unit, Kitchen, Range - Electric, Refrigerator
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 2,300
  • Unit 1 Info: SqFt: 530.0
  • Unit 1 Parking: Open Parking, Space Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Kitchen, Range - Electric, Refrigerator
  • Unit 2 Info: Bedrooms: 2
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $2,500
  • Unit 2 Info: SqFt: 704.0
  • Unit 2 Parking: Open Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Kitchen, Range - Electric, Refrigerator
  • Unit 3 Info: Bedrooms: 2
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Furnished: No
  • Unit 3 Info: Monthly Income: $1,700.00
  • Unit 3 Info: SqFt: 600.0
  • Unit 3 Parking: Open Parking
Unit 4
  • Unit 4 Desc: A/C Unit, Kitchen, Range - Electric, Refrigerator
  • Unit 4 Info: Bedrooms: 1
  • Unit 4 Info: Full Bath: 1
  • Unit 4 Info: Furnished: No
  • Unit 4 Info: Monthly Income: $1,500.00
  • Unit 4 Info: SqFt: 306.0
Rental
Rental Information
  • Pets on Premises: No
  • Other Fees: $0

Property History for 627 32nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 627 32nd Street

Taxable ValueLand$80,660Additions$261,313Total$341,973
Tax Record2023$6,719 ($560 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,040 SqFtAbove Grade Finished SqFt1,040 SqFtStories2Lot Size5,950 SqFtStyleSingle Family ResidenceYear Built1928Year Renovated1974ZoningSF7CountyPALM BEACHAPN74-43-43-09-05-040-0170

Schools near 627 32nd Street

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Northmore Elementary School
PublicPK to 5

Roosevelt Middle School
Public6 to 8

Palm Beach Lakes High School
Public9 to 12

Northboro Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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627 32nd Street is a multi-family home for sale in West Palm Beach, FL 33407. This property was listed for sale on August 21, 2024 by Continental Properties, Inc., it's currently listed at $725,000. It has been on the market for a total of 123 days and was last sold on January 30, 2014. This listing's school district is Palm Beach. Nearby schools include Northmore Elementary School, Roosevelt Middle School and Palm Beach Lakes High School. 627 32nd Street is a 0-bed, 0-bath, 1,946 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Continental Properties, Inc.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.