Address: 5014 Spruce Avenue, West Palm Beach, FL 33407
Description
Northwood Marina District Triplex: A Promising Investment Opportunity. This triplex property is situated within walking distance of the Intracoastal Waterway, surrounded by the ongoing construction of 22 high rise buildings. Within a short distance, you will find the NORA District. Despite the property's need for some attention, the surrounding area is experiencing rapid growth and development. Rent prices are low, and month to month. Great property for owner occupant or added value investor. Current rents are well below market.
Northwood Marina District Triplex: A Promising Investment Opportunity. This triplex property is situated within walking distance of the Intracoastal Waterway, surrounded by the ongoing construction of 22 high rise buildings. Within a short distance, you will find the NORA District. Despite the property's need for some attention, the surrounding area is experiencing rapid growth and development. Rent prices are low, and month to month. Great property for owner occupant or added value investor. Current rents are well below market.
Features
Building and Construction
Absolute Longitude: 80.054004
Construction: CBS, Frame
Exterior Features: Shed
Flooring: Tile, Wood Floor
Roof: Comp Shingle
Sqft Source: Tax Rolls
Sqft Total: 1766.00
Total Building Sqft: 1766.00
Property Information
Property Condition: Resale
Property Group Id: 19990816212116581394000000
Land Information
Lot Description: < 1/4 Acre, East of US-1
Subdivision Information: None
Eco-Communities
Private Pool: No
Storm Protection: None
Waterfront Details: None
Utilities
Carport Spaces: 0.00
Cooling: Central Building, Wall-Win A/C
Heating: Central, Window/Wall
Number Of Stories: 1.0
Separate Elec Meters: Yes
Separate Wtr Meters: No
Utilities: Cable, Electric, Gas Natural
Finance and Tax Information
Homeowners Assoc: None
Income Expenses Annual Net Oper Inc: 18432.00
Income Expenses Annual Total Expense: 17268.00
Income Expenses Gross Operating Inc: 35700.00
Source Of Expenses: Owner, Tax Return
Tax Year: 2024
Rental Information
Tenant Pays: Cable, Electric
Other Features
Avail Info: Leases
Country: United States
Housing For Older Persons Act: No Hopa
Legal Desc: NORTH PALM BEACH PL 1 LTS 20 TO 22 INC /LESS S 120 FT & LESS PT OF LT 22 IN DB431P334/ BLK 3
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