3790 Gulfstream Road, Palm Springs, FL 33461

$1,300,000
4,348
SqFt
List Price
$1,300,000
MLS#
RX-10722016
Sq. Ft
4,348
Lot Size
40,941
Subtype
Triplex
County
Palm Beach
Community
Lakewood Gardens Pl 1 In
Subdivision
Lakewood Gardens Pl 1 In
Year Built
1950

Property Description

This is a golden opportunity! The community consists of 10 cottages, a duplex unit, and a studio/loft above the garage for a total of 13 units arranged around a private cul-de-sac. Each unit has its own driveway for convenience and security. There are 11 1/1 and 2 studios. There are full kitchens in all the units. All but one have walk-in showers and a bedroom. We converted #2 into a studio with a bathtub. Several of our tenants have been leasing since 2014. The units are small, but we have no problem leasing at our current rents. Our vacancy rate is extremely low and when a vacancy does occur, rent quickly.

Additional Information

Building No
No
Carport
1
Hoa
Yes
Status Label
ACTIVE UNDER CONTRACT
Total Unitsin Bldg
13
Construction
Frame, Stucco
Cooling
Electric
Exterior Feature
None
Flooring
Laminate
Heating
Electric
Lot Description
1/2 to < 1 Acre
Roof
Metal
Taxes
$12,108
Waterfront
None
Total Op Expenses
35006
Total Unitsin Bldg
13
Roofing
Metal
Utility
Electric, Public Water
Acres
0.939876033058
Price Per Acre
13023568.8
Price Per Sqft
$298

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Paradise Real Estate Intl.


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