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Wade M. Berlin

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125 Castlewood Drive 1
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PRICED AT ONLY: $850,000

Address: 125 Castlewood Drive 1, North Palm Beach, FL 33408

Description

RARE INVESTMENT OPPORTUNITY! North Palm Beach Triplex near Intracoastal. Don't miss this exceptional chance to own a fully leased 3 unit residential income property in the heart of highly desirable North Palm Beach Intracoastal neighborhood just a short walk to Publix, waterfront parks, restaurants, and more!Each unit offers 2 bedrooms/2 full baths; Walk in closets in primary bedrooms; dedicated laundry rooms with washer/dryer; Accordion hurricane shutters throughout; private fenced yards; separate electric & water meters & more! One of the units has been renovated to include quartz countertops; stainless steel appliances; newer AC; marble in primary bathroom & porcelain plank wood flooring. Great investment with upside potential! Please DO NOT disturb tenants.
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  • MLS#: RX-11108849 ( Triplex )
  • Street Address: 125 Castlewood Drive 1
  • Viewed: 5
  • Price: $850,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1978
  • Bldg sqft: 0
  • Days On Market: 42
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Features
Building and Construction
  • Absolute Longitude: 80.054441
  • Construction: CBS
  • Exterior Features: Auto Sprinkler, Deck, Fence, Open Patio, Shutters, Zoned Sprinkler
  • Flooring: Ceramic Tile, Tile
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Sqft Total: 3330.00
  • Total Building Sqft: 3330.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre, 1/4 to 1/2 Acre, East of US-1
  • Subdivision Information: None
Eco-Communities
  • Private Pool: No
  • Storm Protection Accordion Shutters: Complete
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Ceiling Fan, Central
  • Heating: Central
  • Number Of Stories: 1.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Cable, Electric, Public Sewer, Public Water
Finance and Tax Information
  • Home Owners Association poa coa Monthly: 0.00
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 47170.00
  • Income Expenses Annual Total Expense: 25340.00
  • Income Expenses Gross Operating Inc: 72600.00
  • Source Of Expenses: Owner
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electric, Water
Other Features
  • Avail Info: Other
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: PALM BEACH LAKE WORTH ESTATES LOT 200
  • Parcel Id: 68434216010002000
  • Possession: At Closing
  • Special Assessment: No
  • Zoning: R3(cit
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin