Pending
321 W 15TH ST #1
WEST PALM BEACH FL, 33404
$299,999
$227.27 per sqft
Pending
4 Beds
2 Baths
1,320 sqft
Residential
Built in 1953
Under contract-accepting backup offers. Discover a golden opportunity in this multi-family property, perfect for the visionary investor or handy homeowner. This 3/1 & 1/1 multi-family is a diamond in the rough, waiting for your personal touch to unlock its true potential. While the property requires significant renovations, its location is poised for exponential growth. Nearby construction projects and emerging businesses are set to transform the area, promising a bright future for this investment. With an impressive 11% cap rate, this property offers substantial rental income possibilities for the savvy investor. Imagine the satisfaction of breathing new life into this space, creating a comfortable home or lucrative rental units. The property's "as-is" condition presents an exciting canvas for your creativity and renovation skills. Located in a vibrant community, this property benefits from proximity to local amenities. The Inlet Grove Community High School is just a short distance away, perfect for families or student tenants. For commuters, the Mangonia Park train station provides convenient transportation options. Daily necessities are easily accessible with a Family Dollar nearby, while the Riviera Beach Marina Village Event Center offers recreational opportunities for residents to enjoy. Not to mention, the Blue Heron Bridge, one of the country's top-rated beach dive sites, only 5 minutes away. Whether you're an investor seeking strong cash flow or a handyman ready for a rewarding project, this property holds the key to your real estate dreams. Needs Cosmetic rehab. Investor notes: Gross income - $46,440. CC credits and buy down rate options available. Feel free to soft pitch purchase agreements to listing agent before writing anything up. Ask me anything, big or small. I'm happy to help. FULL COOPERATION WITH ALL AGENTS IF THIS IS "NOT ON MY MLS." Please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
T3551791
MLSⓇ ID
August 27, 2024
Listed
January 20, 2025
Updated
Map
321 W 15TH ST #1
WEST PALM BEACH FL, 33404
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Interior Features
Ninguno
Appliances
None
Laundry Description
Common Area
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.15 Acres
Exterior Features
Private Mailbox
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
33404 - West Palm Beach
Taxes
$588
Tax Frequency
Annually
Days on Market
141
Association Fee Frequency
Monthly
Garage
No
View
No
County
Palm Beach
Municipality
42
Water Source
Public
Pool
No
Zoning
RS6
Listing History
Date | Event | Price |
---|---|---|
1/20/2025 | Pending | — |
1/9/2025 | Price change | $299,999 3% |
1/8/2025 | Price change | $289,999 -6% |
1/6/2025 | Price change | $305,999 -2% |
1/2/2025 | Price change | $309,999 -2% |
11/20/2024 | Price change | $315,999 -2% |
10/28/2024 | Price change | $319,999 -5% |
10/21/2024 | Price change | $335,999 -2% |
10/10/2024 | Price change | $339,999 3% |
10/7/2024 | Price change | $329,999 -6% |
9/25/2024 | Price change | $349,999 -3% |
9/18/2024 | Price change | $359,999 -3% |
9/16/2024 | Price change | $369,999 5% |
9/9/2024 | Price change | $349,999 16% |
9/4/2024 | Price change | $299,999 -10% |
9/4/2024 | Price change | $329,999 -6% |
9/2/2024 | Price change | $349,999 -8% |
Listed by RICHARD PETERS REALTY LLC
Listing Contact: 813-417-1391
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ALIGN Real Estate participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
©2025 Stellar MLS. All rights reserved.
Data last updated 1/20/2025, 11:40 PM UTC