712 Palmetto Street West Palm Beach FL 33405 MLS #RX-10957466

712 Palmetto Street
West Palm Beach, FL, 33405
$1,299,000
Beds
0 Baths
3,171 SqFt
0.25 Acres
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Incredible investment opportunity!! This extremely profitable short term rental in West Palm Beach sets itself apart from the competition. Sitting on a double corner lot, this estate features a main house with two guest houses for a total of 7 bedrooms and 4 full bathrooms. This turnkey property is ready to be rented out immediately and includes over $50,000 in guaranteed 2024 rental income to start you off!

Property Details

Price:
$1,299,000
MLS #:
RX-10957466
Status:
Active
Baths:
0
Address:
712 Palmetto Street
Type:
Residential Income
Subtype:
Triplex
Subdivision:
HILLSIDE PARK
City:
West Palm Beach
Listed Date:
Feb 7, 2024
State:
FL
Finished Sq Ft:
3,171
ZIP:
33405
Lot Size:
11,090 sqft / 0.25 acres (approx)
Year Built:
1928
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Cynthia Nalley is Co-Broker of Acquire Palm Beach and manages the business operations in addition to real estate transactions. She is a Project Management Professional (PMP) who has created technology systems and managed complex projects for SunTrust, Citibank, JP Morgan Chase, and many more. Cynthia is a longtime Downtown West Palm Beach resident and advocate. She serves on the WPB Downtown Development Authority Board of Directors and is Vice President of the WPB Downtown Neighborhood Associa…

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Schools

Interior

Cooling
Ceiling Fan, Central, Wall- Win A/ C
Flooring
Ceramic Tile, Terrazzo Floor, Tile, Wood Floor
Heating
Central
Window Treatments
Blinds

Exterior

Construction
Concrete, Stucco
Exterior Features
Awnings, Cabana, Deck, Exterior W/ D Hookup, Extra Building, Fence, Fruit Tree(s), Open Patio, Shutters
Homeowners Assoc
None
Lot Description
1/2 to < 1 Acre
Private Pool
Equipment Included, Freeform, Heated, Inground
Roof
Mixed, Tar/ Gravel
View
Garden
Waterfront Details
None

Financial

Buyer Agent Compensation
2.5%%
Gross Operating Income
$129,417
H O A Fee
$0
Net Operating Income
$36,975
Taxes
$0
Utilities
Cable, Electric, Public Sewer, Public Water

Map

Community

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