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Wade M. Berlin

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5014 Spruce Avenue
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PRICED AT ONLY: $534,000

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.
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  • MLS#: RX-11122361 ( Triplex )
  • Street Address: 5014 Spruce Avenue
  • Viewed: 15
  • Price: $534,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 0
  • Days On Market: 96
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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
  • Parcel Id: 74434304040030202
  • Possession: At Closing, Funding
  • Views: 15
  • Zoning: MF
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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