Skip To Content

    3164/3170 Melaleuca Road

    West Palm Beach, FL 33406
    • $1,350,000
    • STATUS: Active
    • ON SITE: 50 days
    • ID#: RX-10700882
    UPDATED: 2 min ago
    $1,350,000
    • 0
      BEDS
    • 0.86
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,371
      SQFT
    • $309
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    Description

    Seller financing available for qualified buyers. Turnkey fully renovated (2021) rental income properties with no Associations or restrictions! Monthly rental income COMPS at $8,500+. Much higher if rented as AirBNB. Individually metered. Tons of parking Mins to airport & downtown WPB. Parcel just under 1 acre, consists of a single family pool home (3BD/3BTH) and a triplex (3 2BD/1BTH). All 4 units have new roofs, new impact windows & doors, new AC units, new kitchens & bathrooms, new flooring, new appliances, individual washer & dryer, new pool pump & new sprinkler pump. All units freshly painted, equipped w/ high-end lightning, fans & Moen / Kohler hardware. Each unit fully enclosed w/ new fence & private backyard. Lot has 1/4 acre of cleared land that may be used for additions.

    Monthly Payment Calculator

    www.daltonwadesouthflorida.com/homes/115247763
    Print Image

    3164/3170 Melaleuca Road West Palm Beach, FL 33406

    • Price: $1,350,000
    • Status: Active
    • Updated: 2 min ago
    • ID#: RX-10700882
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.86
    Acres
    4,371
    SQFT
    $309
    $/SQFT
    1977
    Built
    Neighborhood:
    Laguna Park 2
    County:
    Palm Beach
    Area:
    West Palm Beach
    Property Description
    Seller financing available for qualified buyers. Turnkey fully renovated (2021) rental income properties with no Associations or restrictions! Monthly rental income COMPS at $8,500+. Much higher if rented as AirBNB. Individually metered. Tons of parking Mins to airport & downtown WPB. Parcel just under 1 acre, consists of a single family pool home (3BD/3BTH) and a triplex (3 2BD/1BTH). All 4 units have new roofs, new impact windows & doors, new AC units, new kitchens & bathrooms, new flooring, new appliances, individual washer & dryer, new pool pump & new sprinkler pump. All units freshly painted, equipped w/ high-end lightning, fans & Moen / Kohler hardware. Each unit fully enclosed w/ new fence & private backyard. Lot has 1/4 acre of cleared land that may be used for additions.
    Exterior Features

    Carport Spaces 0.00 Construction Cbs Exterior Features Auto SprinklerCustom LightingFenceRoom For PoolScreen PorchScreened BalconyScreened PatioShedZoned Sprinkler Lot Description 1/2 To < 1 AcrePaved RoadPrivate RoadPublic Road Private Pool Description ConcreteEquipment IncludedInground Private Pool YN Yes Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Garage - AttachedOpen Parking Waterfront Description Lake Waterfront YN Yes

    Interior Features

    Cooling Ceiling FanCentral Flooring CarpetCeramic TileVinyl FloorWood Floor Heating CentralOther Unit1 Bedrooms 2 Unit1 Desc A/C UnitDishwasherDryerElectric MeterKitchenMicrowaveRange - ElectricRefrigeratorSeparate DiningSplit BedroomsWasher Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 899 Unit2 Bedrooms 2 Unit2 Desc A/C UnitDen/FamilyDishwasherDryerElectric MeterKitchenLaundry TubMicrowaveRange - ElectricRefrigeratorSeparate DiningSplit BedroomsWasher Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 899 Unit3 Bedrooms 2 Unit3 Desc A/C UnitDen/FamilyDishwasherDryerElectric MeterKitchenLaundryLaundry TubMicrowaveRange - ElectricRefrigeratorSeparate DiningSplit BedroomsWasher Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 899 Unit4 Bedrooms 3 Unit4 Desc A/C UnitDen/FamilyDishwasherDisposalDryerElectric MeterKitchenLaundry TubMicrowavePatioRange - ElectricRefrigeratorScreened PorchSeparate DiningSplit BedroomsUtilityWasher Unit4 Full Baths 3 Unit4 Furnished No Unit4 Sq Ft 1650 Window Treatments Hurricane WindowsImpact GlassVerticals

    Property Features

    Annual Net Operating Income 86855.00 Annual Total Expenses 16345.00 Available Info None Built Desc Resale Development Name Laguna Park Gross Operating Income 103200.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Special Assessment No Special Info Sold As-Is Sq Ft Total 4347.00 Subdivision Amenities NonePicnic AreaPlay Area Tax Amount 9345.00 Tax Year 2020 Taxes County OnlyNo Homestead Tenant Pays CableElectricInsuranceRepairsTaxesWater Terms Considered CashConventionalOwner Unit1 Monthly Income 1700.00 Unit2 Monthly Income 1700.00 Unit3 Monthly Income 1700.00 Unit4 Monthly Income 3500.00 Utilities CableElectricPublic WaterSeptic Zoning Rm

    Listing provided courtesy of Blue Water Real Estate Group. Listing information © 2021 BeachesMLS
     
    https://bt-photos.global.ssl.fastly.net/rmls/orig_boomver_3_RX-10700882-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/orig_boomver_3_RX-10700882-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/orig_boomver_3_RX-10700882-2.jpg
    Logo
    Dalton Wade
    Station House 260 1st Avenue South, 5th floor
    St. Petersburg FL, 33701