Business in FL 33401 (MLS# H894653)

FL 33401

$125,000

Property Type: Commercial Sale Square Footage: 5,140 Status: Closed

Current Price: $125,000 List Date: 1/13/2012 Last Modified: 11/13/2026

Overview

Description

Short sale is approved at 175K but we can submit lower for a response-5 days or less. Buy 5 separate 3bedroom/1 bath units. Two units rented Section 8. Bank has approved pricing at 175K. Bank's appraisal less than 10 days old as of (1/13/12) No waiting for short sale approval. It's done! Property is sold as is, where is. Great income potential. Section 8 LOVES units like this. Receive your rent directly from the govt to minimize your exposure. Pls drive by exterior before requesting interior access.

Listing Details MLS# H894653

General Property Information

Number Of Buildings: 5
Property Sub Type: Multi Family
Number Of Units Total: 5
Price Per Unit: 35000
Occupant Type: Tenant
Building Area Main: 5140
Year Built: 1983
Parking Total: 5
Lot Size Area: 5140
Stories Total: Yes

Property Features

Documents Available: Copy Of Lease(s); Other Available Information Electric: 220 Volts Flooring: Terrazzo Heating: Central; Electric Parking Features: Assigned Possession: Negotiable Special Listing Conditions: Short Sale Construction Materials: CBS Cooling: Central Individual Roof: Composition; Shingle Structure Type: Warehouse Showing Requirements: Appointment Only; Call Owner; Showing Service

Contract Information

Comp Sale YN: No
Original List Price: 139900

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
State Or Province: FL
Postal Code: 33401
Geographic Area: PB23
Zoning: MF32
Directions: I-95 TO PALM BEACH LAKES E, GO TO SAPPADILLA, THEN GO RIGHT TO 10TH STREET , LEFT TO PROPERTY

Financial Information

Tax Annual Amount: 4885
Tax Year: 2011
Tax Assessed/SOH Value: 181278
Tax Legal Description: ROSEMARY ADDITION LTS 6 & 7 BLK 2

Status Change Information

Major Change Timestamp: 2012-07-02T12:51:08Z
Major Change Type: Status Change
Status Change Date: 2012-07-04
Under Contract Date: 2012-06-22
Close Date: 2012-07-02
Close Price: 125000
Buyer Financing: Cash

More Information

Building and Property Details

# Of Tenants: 2
# Of Toilets: 5

Meter Information

Number Of Meters Total: 5

Short Sale Details

Lender Approval: Unapproved
Short Sale Addendum: Yes

Income and Expenses

Gross Scheduled Income: 1500
Inc/Exp Statement Period: 2011

Description of Unit Type 1

Unit Type: 3 Bedroom
Furnished: No
Annual Rent: 750

Description of Unit Type 2

Furnished: No
Annual Rent: 750

Description of Unit Type 3

Unit Type: 3 Bedroom
Furnished: No

Description of Unit Type 4

Unit Type: 3 Bedroom
Furnished: No

Description of Unit Type 5

Unit Type: 3 Bedroom
Furnished: No

Description of Unit Type 6

Unit Type: 3 Bedroom
Furnished: No

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 24.32
Original List Price To Close Price: 0.89

Originating Details

Originating System Key: 1611978
Originating System ID: M00000170

Listing Office: Keller Williams Legacy

Last Updated: November - 13 - 2026

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