This listing includes three contiguous 125'x50' lots: 415, 421 and 423 Flamingo Drive. The total combined lot size is 18,750sqft (125'x150')Excellent residential or commercial development opportunity across from the entrance to The... Read More
Investing in Palm Beach County.
The South Florida real estate market, specifically Palm Beach County, has become a thriving real estate center fueled by both local and international investors. Half of all purchases in Palm Beach County in 2013 were made by cash investors. This region has gained steady ground after the housing collapse in the mid 2000's. Last year alone, we closed deals for our foreign investors that came from countries such as Canada, China, and Venezuela.
If you are a local or international investor, we have the capability of finding you the right investment property. Upon request, we can send you a video walk-through of potential investments and the surrounding areas, along with a rental rate comparative market analysis of what homes have rented for in that area. Once you close on your investments, our team of contractors can assess your home and get it rent-ready within a few days. When the home is ready to be rented, we will market your property in order to find a qualified tenant. Once we find a qualified tenant, we will have them execute one of our attorney-prepared leases. After a tenant moves in, we will manage your property and begin sending you your monthly rental income.
Considering investing? Have you considered this...
If you are looking to invest in Palm Beach County multi-family housing or investment property there are many key items that you should consider when choosing a location.
Location, Location, Location- Sounds easy enough, but what does that mean and what area is a good location? Some criteria that we urge our investors to consider is the proximity of the investment property to schools and public transportation.
HOA's- Purchasing an investment property in a community that is governed by a Home Owners Association can be great for the long term value of the property. Additionally, HOA's provide a second level of protection against nuisance tenants since there is an additional round of screening due to the approval process administered by the board of the HOA. However, these positives are sometimes outweighed by the negatives due to the monthly dues eating away at your profits.
Market Rate- It's always best to find out what properties are renting for in the immediate area before you decide to purchase a property. A home on street A could rent substantially less or more than a home on street B simply because the homes are in different school zones, or different utility companies. We will prepare a rental rate comparative market analysis so that you can determine the correct rental rate.
HOA restrictions- Please be advised that some HOA's will restrict the number of times a home can be rented or the duration of a tenancy. Its important to read over the HOA restrictions prior to investing in Palm Beach County rental homes.
How does FIRPTA affect international investors?
One thing to consider if you are a foreign investor investing in Palm Beach County, or anywhere in the United States for that matter, is FIRPTA. The following is courtesy of the IRS and can be found on their website at:
http://www.irs.gov/Individuals/International-Taxpayers/FIRPTA-Withholding
"The disposition of a U.S. real property interest by a foreign person (the transferor) is subject to the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) income tax withholding. FIRPTA authorized the United States to tax foreign persons on dispositions of U.S. real property interests. A disposition means "disposition" for any purpose of the Internal Revenue Code. This includes but is not limited to a sale or exchange, liquidation, redemption, gift, transfers, etc. Persons purchasing U.S. real property interests (transferees) from foreign persons, certain purchasers' agents, and settlement officers are required to withhold 10 percent of the amount realized on the disposition (special rules for foreign corporations). In most cases, the transferee/buyer is the withholding agent. If you are the transferee/buyer you must find out if the transferor is a foreign person. If the transferor is a foreign person and you fail to withhold, you may be held liable for the tax. For cases in which a U.S. business entity such as a corporation or partnership disposes of a U.S. real property interest, the business entity itself is the withholding agent."
Please note that there are also certain exceptions to this withholding requirement and these exceptions can be found on their website as well.
421 Flamingo Drive, West Palm Beach, FL 33401
921 Ortega Road, West Palm Beach, FL 33405
N/A
UNITS
Triplex
SUB TYPE
$3,459,000
LISTING PRICE
3,884
SQUARE FEET
Amazing 8 bedroom, 5 bath compound on a double lot with a gorgeous swimming pool. Brand new roof, new hurricane windows, electrical and plumbing, new pool house, new pool heater. Main house begins with five bedrooms, three full baths, a... Read More
1403 Georgia Avenue, West Palm Beach, FL 33401
4
UNITS
Quad Plex
SUB TYPE
$1,795,000
LISTING PRICE
2,352
SQUARE FEET
4 one-bedroom/1 bath units on a 92.50 x 120 lot. Each unit offers updated kitchens, updated electric and plumbing, central HVAC and off-street parking. Newly resided and painted. All units have annual leases with a 60-day termination... Read More
3725 S Olive Avenue, West Palm Beach, FL 33405
4
UNITS
Quad Plex
SUB TYPE
$1,629,000
LISTING PRICE
3,500
SQUARE FEET
Fabulous opportunity to own and operate a gorgeous fully furnished quad in the rapidly gentrifying neighborhood of EL CID, South of Downtown and close to the Intracoastal. Numerous restaurants, wine and juice bars, and antique stores... Read More
400 51st Street, West Palm Beach, FL 33407
N/A
UNITS
Quad Plex
SUB TYPE
$1,395,000
LISTING PRICE
2,208
SQUARE FEET
HISTORIC NORTH FLAGLER DRIVE QUAD PLEX, INCOME PROPERTY4-1 BEDROOM 1-BATHROOM UNITSCERAMIC TILED THROUGHOUT, NEW WATER HEATERS, FRESHLY PAINTED,LARGE TROPICAL BACK PATIO AREA ON EACH UNIT. WALK IN CLOSETS, UPDATED KITCHENS, AND ELECTRIC... Read More
4427 Purdy Lane, West Palm Beach, FL 33406
4
UNITS
Quad Plex
SUB TYPE
$1,249,000
LISTING PRICE
3,808
SQUARE FEET
GREAT INVESTMENT PROPERTY.!! 2 BUILDINGS EACH WITH 2 UNITS , EACH UNIT IS 3 BEDROOMS 1 BATH LIVING ROOM, KITCHEN, LOUNFRY AND BACK JARD. EACH ONE HAS SEPARATE ELECTRIC AND WATER.. LONG TIME TENANTS . EACH UNIT PAYING $1,700/ MONTH. GREAT... Read More
442 Tall Pines Road, West Palm Beach, FL 33415
4
UNITS
Quad Plex
SUB TYPE
$1,199,000
LISTING PRICE
3,920
SQUARE FEET
701 New Jersey Street, West Palm Beach, FL 33401
2
UNITS
Duplex
SUB TYPE
$1,090,000
LISTING PRICE
1,616
SQUARE FEET
Duplex or potential to convert to single family residence. The east unit is a 2 bedroom, 1 bath and rents for $1400/month. The west unit is a 2 bedroom, 1 bath and rents for $1200/month. Both units offer updated kitchens and bathrooms... Read More
513 45th Street, West Palm Beach, FL 33407
N/A
UNITS
Duplex
SUB TYPE
$999,999
LISTING PRICE
1,810
SQUARE FEET
A 5-3 compound with front home being a 4-2 & attached 1-1 cottage with separate entrance. Currently rented through 05-2027 for 78k annually. The cottage was fully permitted three years ago from the City Of WPB. CBS construction located... Read More
509 Mayflower Road, West Palm Beach, FL 33405
4
UNITS
Quad Plex
SUB TYPE
$995,000
LISTING PRICE
3,068
SQUARE FEET
5812 Banana Road, West Palm Beach, FL 33413
4
UNITS
Quad Plex
SUB TYPE
$950,000
LISTING PRICE
4,070
SQUARE FEET
Rare find for investors! Two duplexes located on just under a 1/2 acre with no HOA. All units have updated bathrooms. All water heaters have been replaced recently. Three of four kitchens are updated. Newer a/c units in all units... Read More
8760 Lyndall Lane, West Palm Beach, FL 33403
2
UNITS
Duplex
SUB TYPE
$785,000
LISTING PRICE
3,392
SQUARE FEET
2 single family homes on 1 lot private entrance for each 2 electric meters currently leased to 1 tenant do not disturb tenants. Read More
9332 Roan Lane, West Palm Beach, FL 33403
2
UNITS
Duplex
SUB TYPE
$728,000
LISTING PRICE
1,640
SQUARE FEET
$40k in recent upgrades in vinyl wood flooring and landscaping!!(New photos!!!) Roof checked out by seller's roofer and is in good shape. Newer a/c on both sides. Updated electrical. Palm Beach Gardens duplex in central location with... Read More
311 Conniston Road, West Palm Beach, FL 33405
N/A
UNITS
Triplex
SUB TYPE
$700,000
LISTING PRICE
1,668
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
535 Pilgrim Road, West Palm Beach, FL 33405
N/A
UNITS
Triplex
SUB TYPE
$650,000
LISTING PRICE
1,818
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
504 El Prado, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$650,000
LISTING PRICE
2,129
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
1104 17th Street, West Palm Beach, FL 33407
N/A
UNITS
Duplex
SUB TYPE
$650,000
LISTING PRICE
1,754
SQUARE FEET
Multi-Family Home + Duplex. Each dwelling completely renovated in 2021. Turnkey, Income Property with instant cash flow. Potential Rental Income $55,800: Main House - 850 Sq Ft.- 3 bedroom, 2 bath. Duplex - Two - 1 Bedroom Apartments ... Read More
706 13th Street, West Palm Beach, FL 33401
3
UNITS
Triplex
SUB TYPE
$649,000
LISTING PRICE
2,428
SQUARE FEET
Amazing Investment Opportunity!!! This rarely available corner lot, a little under half an acre, located in downtown West Palm Beach is a prime opportunity to generate great rental income. The lot is zoned Multifamily in a HISTORIC... Read More
901 8th Street, West Palm Beach, FL 33401
4
UNITS
Quad Plex
SUB TYPE
$640,000
LISTING PRICE
1,520
SQUARE FEET
This well maintain 4 plex is exactly what you have been waiting for, completely renovated, new windows, new landscaping. Each units features 1 bed/1 bath with washer dryer hookups. Separate electric meters, one meter for water. Rents are... Read More
4691 121st Terrace N, West Palm Beach, FL 33411
N/A
UNITS
Duplex
SUB TYPE
$630,000
LISTING PRICE
1,308
SQUARE FEET
Spread out and live! LAND! Wonderful residence with attached Mother-n-Law home with separate entrance sitting on a beautiful landscaped 1.25 acre lot. Fantastic income property and last stop for land in Palm Beach County. Main house has... Read More
516 46th Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$625,000
LISTING PRICE
1,791
SQUARE FEET
This adorable Duplex sits in such a cute area of West Palm Beach. A newly sought after area, with old town charm, close to all the new and hip things West palm has to offer. Blocks to the intercostal, amazing restaurants and... Read More
520 Pilgrim Road, West Palm Beach, FL 33405
N/A
UNITS
Triplex
SUB TYPE
$600,000
LISTING PRICE
1,664
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
531 21st Street, West Palm Beach, FL 33407
N/A
UNITS
Triplex
SUB TYPE
$570,000
LISTING PRICE
2,808
SQUARE FEET
Great opportunity to own an income producing property. Located in the heart of west palm beach, this property is always in demand. currently set up month to month room rentals and earning above market rent with plenty of room to increase... Read More
715 Selkirk Street, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$525,000
LISTING PRICE
1,707
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
719 52nd Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$519,000
LISTING PRICE
1,640
SQUARE FEET
Fully rented, money producing triplex in part of the city that is improving rapidly, DO NOT BOTHER THE TENANTS PLEASE. Read More
525 Pilgrim Road, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$500,000
LISTING PRICE
1,829
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
525 48th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$478,000
LISTING PRICE
1,513
SQUARE FEET
Investor opportunity in East West Palm Beach! This triplex is located just 2 blocks west of Flagler Street and a short drive from downtown. The property is in need of some TLC, but the owner is motivated to sell. Bring all offers! Read More
9341 Sunrise Drive, West Palm Beach, FL 33403
2
UNITS
Duplex
SUB TYPE
$468,000
LISTING PRICE
2,225
SQUARE FEET
Zoning: RM
MLS#: RX-10795994
Subdivision: 18-42-43, E 123 FT OF W 666 FTOF N 165 FT OF S 205 FT OF N 1/2 OF SE 1/4 OF NW 1/4 OF SW 1/4
this property is good investment need to be updated , corner lot and almost .50 acres of land TWO UNITS , ONE 3 BEDROOMS 2 BATHS AND ONE 2 BEDROOMS 1 BATH . must make appointment to see , tenants occupied . LONG TERM TENANTS AND HAS A... Read More
729 40th Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$430,000
LISTING PRICE
1,720
SQUARE FEET
Duplex 3/1 & 2/1. Offers will be accepted after potential Buyer view the property. Sold As Is. Read More
905 9th Street, West Palm Beach, FL 33401
3
UNITS
Triplex
SUB TYPE
$425,000
LISTING PRICE
2,376
SQUARE FEET
Excellent investment opportunity in a non-HOA community. This triplex is ready for the buyer to come in and make it exactly how they want! Brand new tile floors were installed. Great income potential. Minutes to downtown West Palm Beach... Read More
1812 Breezy Lane, West Palm Beach, FL 33417
N/A
UNITS
Duplex
SUB TYPE
$395,800
LISTING PRICE
1,208
SQUARE FEET
Two units, separate electric, washer dryer in units, 24 hours' notice required to show. Tenant occupied. Do not disturb tenant. Zoned RM multi-family. Read More
2727 New York Street, West Palm Beach, FL 33406
N/A
UNITS
Duplex
SUB TYPE
$335,000
LISTING PRICE
2,194
SQUARE FEET
1950's home centrally located within a few minutes of the Palm Beach County Airport, county library, post office, & Palm Beach Zoo/Museum. This home offers plenty of storage area and income producing potential. Only a few steps away from... Read More
5110 Garden Avenue, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$324,900
LISTING PRICE
1,188
SQUARE FEET
TWO Single family houses on one lot!!!! Property features TWO one bedroom, one bathroom units. Both units roofs and A/C units were replaced within the last few years. Both units are currently vacant and ready for lease or owner occupant... Read More