Palm Trail
$4,400,000
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Description
Fully renovated apartment complex located in prestigious Delray Beach. This complex consists of two buildings with nine rental units. All units are fully leased under a master lease. The owner pays property tax and insurance. Renovation included new roof, hurricane impact doors and windows. All new plumbing, new HVAC systems, new electrical panels and appliances. New pool with paver hardscape and landscaping. Resurfaced parking lot. This is an excellent opportunity that you don't want to miss. Located...Fully renovated apartment complex located in prestigious Delray Beach. This complex consists of two buildings with nine rental units. All units are fully leased under a master lease. The owner pays property tax and insurance. Renovation included new roof, hurricane impact doors and windows. All new plumbing, new HVAC systems, new electrical panels and appliances. New pool with paver hardscape and landscaping. Resurfaced parking lot. This is an excellent opportunity that you don't want to miss. Located minutes from Downtown Delray, within the free Delray beach ride share, and walking distance to supermarket and drug store. Investors can purchase a fully leased apartment complex with excellent tenant. Master lease tenant is operating with a hotel license for short term rentals.
- Listed by Cody Tremblay • Blue Water RE LLC
- Listed by Paul Tremblay • Blue Water RE LLC
Property Details for Palm Trail
Waterfront
No
Area4220
Geographic AreaPalm Beach 4220a; 4230b; 4360a; 4370b
AuctionNo
Num Stories1
Year Built DescriptionNew Construction
LISTING UPDATED: 05/17/2024 04:36 PM
Property Details for Palm Trail
Status | Active |
---|---|
MLS # | A11419554 |
Days on Market | 490 |
Taxes | $26,010 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1954 |
Lot Size | 0.33 AC / 14,566 SF |
County | Palm Beach County |
Building Information for Palm Trail
Stories-Residences-Year Built1954Building Size-Lot Size0.33 AC / 14,566 SF
Property Information for Palm Trail
Property History for Palm Trail
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for Palm Trail
Taxable ValueLand$972,675Additions$171,874Total$1,144,549
Tax Record2023$22,764 ($1,897 / month)
Home Facts
Baths9Total Finished SqFt2,108 SqFtAbove Grade Finished SqFt2,108 SqFtStories1Lot Size14,566 SqFtStyleMiscellaneousYear Built1954ZoningRMCountyPALM BEACHAPN12-43-46-16-05-121-0270
Schools near Palm Trail
This home is within Palm Beach.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 7 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Plumosa School Of The Arts PublicPK to 7 | ||
Carver Middle School Public6 to 8 | ||
Atlantic High School Public9 to 12 | ||
S. D. Spady 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.
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