Prime investment opportunity on Singer Island! Four turnkey tri-level townhome-style units, each with a private elevator, 3 bedrooms, 3.5 baths, and open second-floor living spaces with balconies offering water views. Built in 2006 with... 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.
1100 Cabana Road, West Palm Beach, FL 33404
516-520 34th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$2,199,000
LISTING PRICE
4,209
SQUARE FEET
Unique Compound Opportunity - Motivated Sellers! Discover this rare 7-bedroom, 7.5-bath compound in the heart of Historic Old Northwood -- ideal for large families, yacht crews, or Airbnb investors. 516 & 520 34th Street are being sold... Read More
643 36th Street, West Palm Beach, FL 33407
N/A
UNITS
Duplex
SUB TYPE
$1,949,000
LISTING PRICE
3,643
SQUARE FEET
Two homes -- one booking -- a proven high-performing compound! This 8 BR / 5 BA estate features a 5-bed main home and 3-bed guest home with rear-alley access. Heated pool, 6-person hot tub, fire pit with six Adirondack chairs, and bright... Read More
6425 Royal Palm Beach Boulevard, West Palm Beach, FL 33412
N/A
UNITS
Triplex
SUB TYPE
$1,800,000
LISTING PRICE
4,962
SQUARE FEET
Investment house with $9500 per moth Rental income. House consists of 3 separate Rental areas with each having separate entrances. The main House rental of $5500 / mth, have 5 bedrooms, 2.5 bathrooms, Kitchen, Living room, Dining room... Read More
1577 Hawthorne Place, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,700,000
LISTING PRICE
5,628
SQUARE FEET
Do not visit property alone do not speak with tenants. Outstanding opportunity to purchase a 4-unit apartment building in Wellington, 4 units feature 4-bedroom 2 bath with fenced in patio areas for each unit. Seller is also selling the... Read More
1567 Hawthorne Place, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,700,000
LISTING PRICE
4,320
SQUARE FEET
Do not visit property alone do not speak with tenants. Outstanding opportunity to purchase a 4-unit apartment building in Wellington, 4 units per parcel. Featuring 3-bedroom 2 bath with fenced in patio areas for each unit. One unit 1... Read More
311 Wildermere Road, West Palm Beach, FL 33401
5
UNITS
Quad Plex
SUB TYPE
$1,390,000
LISTING PRICE
1,906
SQUARE FEET
Located in the desirable Mango Promenade Historic District, this 5-unit building presents a rare chance to generate income or be transformed into your dream home. Nestled in between El Cid & Downtown West Palm Beach, just 1 block from... Read More
3761 93rd Lane N, West Palm Beach, FL 33403
N/A
UNITS
Quad Plex
SUB TYPE
$1,200,000
LISTING PRICE
4,440
SQUARE FEET
Investor's Dream Quadplex - Prime West Palm Beach Location, Excellent investment opportunity! This well-maintained quadplex offers four identical units, each featuring 2 bedrooms, 2 bathrooms, and 1,100 square feet of living space. Each... Read More
3808 Broadway, West Palm Beach, FL 33407
4
UNITS
Quad Plex
SUB TYPE
$1,175,000
LISTING PRICE
2,586
SQUARE FEET
1031 Opportunity! Instant income! Don't miss this fully rented, fully renovated quadplex with 4 units. New Roof And all impact windows and doors! Quadplex includes 1 two bedroom and 3 one bedrooms. This is centrally located in West Palm... Read More
813 Avon Road, West Palm Beach, FL 33401
3
UNITS
Triplex
SUB TYPE
$1,095,000
LISTING PRICE
1,959
SQUARE FEET
Classic 1920s Spanish Mission on an oversized lot in the heart of Flamingo Park, with not just one but two guest cottages. This set up affords a new owner many options - rent some and live in one, rent all three, Airbnb together and/or... Read More
4300 Spruce Avenue, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$990,000
LISTING PRICE
1,833
SQUARE FEET
Turnkey Duplex in Rapidly Growing Northwood Area - 4300/4302 West Palm BeachAddress: 4300/4302 Northwood Area, West Palm Beach, FLDon't miss this rare opportunity to own a fully renovated duplex in the heart of Northwood - one of West... Read More
904 4th Street, West Palm Beach, FL 33401
4
UNITS
Quad Plex
SUB TYPE
$950,000
LISTING PRICE
3,430
SQUARE FEET
EXCEPTIONAL OPPORTUNITY to acquire this 7.8% + CAP RATE NWD Zoning TURNKEY 3 UNIT income-producing property( approved for 4 rental units ) located in the path of progress, just West of the NORA development, slated for completion by late... Read More
6312 Webster Avenue, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$949,900
LISTING PRICE
1,300
SQUARE FEET
Turnkey Duplex in Sought-After SOSO | 6312 & 6314 West Palm BeachWelcome to this beautifully renovated side-by-side duplex in the heart of the highly desirable SOSO neighborhood of West Palm Beach--just three blocks from the Intracoastal... Read More
1675 E Breezy Lane, West Palm Beach, FL 33417
3
UNITS
Triplex
SUB TYPE
$924,900
LISTING PRICE
3,168
SQUARE FEET
PROPERTY QUALIFIES FOR SPECIAL FINANCING THRU MOTTO MORTGAGE! Very unique investment property. 1 single family home and 1 duplex on the same .58 acre lot. Live in the house and rent out the duplex. All 3 units are currently occupied by... Read More
1025 Staghorn Street Street, Wellington, FL 33414
2
UNITS
Duplex
SUB TYPE
$898,000
LISTING PRICE
4,000
SQUARE FEET
Unique opportunity! Stunning duplex for sale featuring a total of 4 bedrooms and 2 bathrooms each Unit. Perfect for primary home or investors! With a spacious, modern design, this property offers everything you need for comfortable... Read More
1332 Longwood Street, West Palm Beach, FL 33401
N/A
UNITS
Duplex
SUB TYPE
$888,888
LISTING PRICE
2,166
SQUARE FEET
Gut renovated in 2022, 1332 Longwood is a 6bd/4a duplex in the growing Mercer Park area. Great opportunity for an investment or live-in with rent from one of the units. Read More
4647 Marguerita Street, West Palm Beach, FL 33417
N/A
UNITS
Duplex
SUB TYPE
$765,000
LISTING PRICE
1,800
SQUARE FEET
Fantastic Duplex For Sale! Situated perfectly on a large .68 acre corner lot with potential of adding more units on the property! Don't miss out on this investment opportunity! Live in one side and rent the other side for income! Each... Read More
805 20th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$750,000
LISTING PRICE
2,716
SQUARE FEET
**SELLER FINANCING AVAILABLE** 30% down 10% interest! Front Single-Family Home3 Bedrooms / 1 Bathroom | 1,600 Sq. Ft.Tenant occupied for six years at $2,400 per month (below market rent)Lease ends July 31, 2025 - Potential market rent... Read More
424 Malverne Road, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$715,000
LISTING PRICE
1,612
SQUARE FEET
Calling all 1031 exchange buyers! START COLLECTING INCOME RIGHT AWAY! FURURE BOOKINGS ARE AVAILABLE TO THE NEW OWNER! The main house is a 2 + DEN/ OFFICE bedroom, 1 bathroom, and the guest house is 2 bedroom, 1 bathroom with a full... Read More
443 Wilder Street, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$714,000
LISTING PRICE
2,012
SQUARE FEET
This property offers an exceptional investment opportunity, perfect for both seasoned investors and first-time buyers looking to generate rental income. Situated in a vibrant neighborhood, this property is just minutes away from local... Read More
731 21st Street, West Palm Beach, FL 33407
N/A
UNITS
Duplex
SUB TYPE
$650,000
LISTING PRICE
2,470
SQUARE FEET
This is the investment you are looking for in the center of West Palm Beach few blocks from Good Samaritan Hospital. Each side of the unit contains 3bedrooms and /2 baths. Start your journey there to build your success. Read More
815 6th Street, West Palm Beach, FL 33401
3
UNITS
Triplex
SUB TYPE
$650,000
LISTING PRICE
2,838
SQUARE FEET
MUST SELL BRING OFFERS TODAY! Run! one of the last available historic properties available. Grab it now owner needs to sell as ap . Contract fell through due to buyer. Bring all offers!! Way Under recent appraised value. Large House and... Read More
4316 Forest Road, West Palm Beach, FL 33406
2
UNITS
Duplex
SUB TYPE
$599,000
LISTING PRICE
1,248
SQUARE FEET
Investor's Dream in West Palm Beach!Welcome to 4316 Forest Road, a fantastic income-producing opportunity in the heart of West Palm Beach! This versatile property offers incredible potential perfect for an owner-occupant looking to live... Read More
523 48th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$590,000
LISTING PRICE
1,421
SQUARE FEET
An excellent investment opportunity awaits in the highly sought-after East West Palm Beach area! Property is being updated to be turn key for tenants. This income-producing triplex is ideally located just two blocks west of Flagler... Read More
516 Nathan Hale Road, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$579,500
LISTING PRICE
1,782
SQUARE FEET
This property is fully assumable with a 2.99% interest rate. A brand New Roof will be installed for added value and peace of mind. Don't miss this incredible opportunity to own an updated duplex, perfect for generating passive income... Read More
5014 Spruce Avenue, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$534,000
LISTING PRICE
1,766
SQUARE FEET
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... Read More
610 32nd Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$499,900
LISTING PRICE
1,770
SQUARE FEET
A phenomenal investment opportunity awaits with this charming, fully-rented Spanish-style duplex, ideally situated in the highly desirable Northwood neighborhood. Built in the 1920s, this property exudes historic character while offering... Read More
802 Lytle Street, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$475,000
LISTING PRICE
1,335
SQUARE FEET
LOCATION! Great Investment and Income producing property. Two houses for the price of one: Main House with Efficiency. Desirable ''SoSo'' District, Big corner lot, Intracoastal 3 min, golf course and tennis next to it, Great Schools... Read More
4108 Greenwood Avenue, West Palm Beach, FL 33407
N/A
UNITS
Duplex
SUB TYPE
$419,900
LISTING PRICE
1,548
SQUARE FEET
Welcome to this fantastic investment opportunity under normal market prices! This property boasts two separate units, each with their own electric meter, providing a great investment opportunity for investors.Currently, the property is... Read More