1530 Crescent Circle, West Palm Beach, FL 33403 (MLS# A11858108)

1530 Crescent Circle, West Palm Beach, FL 33403

$2,250,000
Property Type: Residential Income Square Footage: 10,224 Status: Closed
Current Price: $2,250,000 List Date: 6/08/2026 Last Modified: 11/15/2026

Overview

Description

Exceptional opportunity to acquire a 10,000 SF, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.

Listing Details MLS# A11858108

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
10224
Living Area Main
10224
Year Built
1963
Parking Total
12
Stories Total
2
Pool Private YN
No

Property Features

Documents Available: Copy Of Lease(s); Investment Analysis; Rent Rolls Flooring: Vinyl Structure Type: Multi Family Construction Materials: Block Cooling: Central Air Heating: Central; Separate Meters Laundry Features: Outside Listing Terms: Cash; Conventional Possession: Negotiable Roof: Concrete Sewer: Public Sewer Tax Information: City/County; Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Parking Features: Parking Space Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Parking Features: Parking Space Unit 3 Appliances: Microwave; Range; Refrigerator Unit 3 Parking Features: Parking Space Unit 4 Appliances: Microwave; Range; Refrigerator Unit 4 Parking Features: Parking Space Contingencies: None Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2600000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1530
Street Name
Crescent
Street Suffix
Circle
City Name
West Palm Beach
Municipal Code
36
State Or Province
FL
Postal Code
33403
Postal Code +4
2255
Postal Zip
33403
Subdivision Name
LAKE PARK ADD 3
Area
5270
Geographic Area
PB26
Elementary School
The Conservatory School at North Palm Beach
Middle Or Junior School
Howell L. Watkins
High School
Palm Beach Gardens
Parcel Number
36434221031350010
Subdivision Number
3
Zoning
R2 (city
Flood Zone
X

Financial Information

Tax Annual Amount
28606
Tax Year
2024
Tax Legal Description
LAKE PARK ADD NO 3 LOT 1 BLK 135

Status Change Information

Major Change Timestamp
2026-08-14T04:00:00Z
Major Change Type
Status Change
Price Change Timestamp
2026-01-12T17:38:41Z
Status Change Date
2026-08-17
Under Contract Date
2026-08-01
Close Date
2026-08-14
Close Price
2250000
Buyer Financing
Cash

More Information

Income and Expenses

Gross Income
213600
Net Operating Income
153718
Total Expenses
59882

Unit 1 Details

Actual Rent
2250
Baths Full
2
Efficiency YN
No
SqFt
1000

Unit 1 Lease Description

Currently Leased YN
Yes

Unit 2 Details

Actual Rent
2250
Baths Full
2
Efficiency YN
No
SqFt
1000

Unit 2 Lease Description

Currently Leased YN
Yes

Unit 3 Details

Actual Rent
2250
Baths Full
2
Efficiency YN
No
SqFt
1000

Unit 3 Lease Description

Currently Leased YN
Yes

Unit 4 Details

Actual Rent
2250
Baths Full
2
Efficiency YN
No
SqFt
1000

Unit 4 Lease Description

Currently Leased YN
Yes

Buyer Details

Country of Origin
United States
Intended Use
Investment
Buyer State
Florida
Zip Code
33405

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
220.07

Section Details

Parcel Number MLX
0010

Originating Details

Originating System Key
419218003
Originating System ID
M00000151
IDX
Listing Office: LIV Real Estate Group
Source MLS Verified
Last Updated: November - 15 - 2026
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