Welcome to 1713 Florida Avenue... a rare opportunity to acquire a highly-desired 6 unit Multi Family property in the heart of Grandview Heights. Situated on a quiet corner lot of this beautiful treelined street. Currently rented as 3... 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.
1713 Florida Avenue, West Palm Beach, FL 33401
214 33rd Street, West Palm Beach, FL 33407
N/A
UNITS
Triplex
SUB TYPE
$1,999,995
LISTING PRICE
3,022
SQUARE FEET
This is your opportunity to live in Northwood Shores which is one of the most desirable communities in West Palm Beach. This property is perfect for family living, rental income, or Airb&b It is beautifully updated Key West style with... Read More
246 Greenwood Drive, West Palm Beach, FL 33405
3
UNITS
Triplex
SUB TYPE
$1,949,000
LISTING PRICE
3,023
SQUARE FEET
LOCATION! This residential income or single family compound is located one block from the intracoastal waterway, on an 11,741sqft OVERSIZED lot, in the highly sought after Southland Park section of the Palm Beach Public school district... Read More
1567 Hawthorne Place, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,875,000
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
1577 Hawthorne Place, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,875,000
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
3725 S Olive Avenue, West Palm Beach, FL 33405
N/A
UNITS
Quad Plex
SUB TYPE
$1,700,000
LISTING PRICE
3,500
SQUARE FEET
Fantastic opportunity to own a mutli family property in Central Park of West Palm Beach - just a couple of blocks to the intracoastal and nestled between the beautiful neighborhoods of El Cid and Flamingo Park. Each unit is a 2/1 fully... Read More
4871 E 127th Trail N, West Palm Beach, FL 33412
N/A
UNITS
Quad Plex
SUB TYPE
$1,695,000
LISTING PRICE
2,923
SQUARE FEET
1144 Goldenrod Road, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,580,000
LISTING PRICE
6,180
SQUARE FEET
Incredible opportunity to own a 4 Unit apartment building in Wellington. Unit A has 3 bedrooms's and 2-1/2 baths. Units B, C and D have 2 bedrooms' with 2'1/2 baths. Recent renovations $237,000.00. New roof 2022. New fencing. 3 newer AC... Read More
1403 Georgia Avenue, West Palm Beach, FL 33401
4
UNITS
Quad Plex
SUB TYPE
$1,575,000
LISTING PRICE
2,352
SQUARE FEET
Convert to a single-family house or keep as 4 one-bedroom/1 bath units. 92.50 x 120 lot offers room to add on and a pool. Each unit offers updated kitchens, central HVAC and off-street parking. In process of being resided and painted... Read More
400 51 Street, West Palm Beach, FL 33407
N/A
UNITS
Quad Plex
SUB TYPE
$1,380,000
LISTING PRICE
2,208
SQUARE FEET
MULTI FAMILY 4 PLEX LOCATED ON NORTH FLAGLER DRIVE IN NORTHWOOD HARBOR MARINA DISTRICT, OPPORTUNITY ZONE PRIME INCOME PROPERTY, 4 ONE BEDROOM ONE BATHROOM FULLY LEASED APARTMENTS, CERAMIC TILED THROUGHOUT, UPDATED KITCHENS,ELECTRIC PANEL... Read More
421 51st Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$1,295,000
LISTING PRICE
2,561
SQUARE FEET
This fully renovated, furnished triplex sits on a double lot in peaceful Northwood Harbour. Just a short drive from vibrant Downtown West Palm Beach. The main house has a spacious living area, kitchen with appliances, and two large... Read More
440 Maddock Street, West Palm Beach, FL 33405
4
UNITS
Quad Plex
SUB TYPE
$1,250,000
LISTING PRICE
2,035
SQUARE FEET
Looking for a primary and or Investment together? YOU GOT IT!!!! Your best option in this zip code. Property is 75% Renovated and FURNISHED. New kitchens, bathrooms, ) Long Term Tenants in Place!! NEW ROOF (2016) & HVAC units, BRAND NEW... 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!! THIS PROPERTY COMES WITH 2 BUILDINGS SIDE BY SIDE EACH BUILDING HAS 2 APARTMENS TOTALLING 4 APARTMENTS. EACH UNIT HAS A 3 BEDROOMS 1 BATH, LIVING ROOM, KITCHEN, LOUNDRY AND THEIR OWN BACKYARD. EACH UNIT HAS... 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
1126 Staghorn Street, Wellington, FL 33414
2
UNITS
Duplex
SUB TYPE
$1,030,000
LISTING PRICE
3,210
SQUARE FEET
Unit 1130 has the following updates: New interior paint, new master bath update including new vanity, new ceiling fan, new carpet, new quartz kitchen countertop, new stove, new dishwasher, new interior & exterior light fixtures, new... 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
731 46th Street, West Palm Beach, FL 33407
4
UNITS
Quad Plex
SUB TYPE
$995,000
LISTING PRICE
2,636
SQUARE FEET
Attention Investors! This is an excellent opportunity to invest in a well-maintained multifamily property in the thriving Palm Beach County market. This property includes 2 Spanish style structures with 3 units in the front building & 1... Read More
701 New Jersey Street, West Palm Beach, FL 33401
2
UNITS
Duplex
SUB TYPE
$993,000
LISTING PRICE
1,616
SQUARE FEET
Duplex or potential to convert to single family residence. The east unit is a 2 bedroom, 2 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
832 Green Street, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$975,000
LISTING PRICE
2,303
SQUARE FEET
A unique opportunity - this home boasts a main house with a spacious 3 bedroom/2 bathroom floor plan; large screened porch and private balcony overlooking an in ground pool enclosed by a 9 foot fence ensuring both security and privacy on... Read More
4591 Purdy Lane, West Palm Beach, FL 33415
3
UNITS
Triplex
SUB TYPE
$875,000
LISTING PRICE
2,640
SQUARE FEET
Welcome to this exceptional investment opportunity! This charming triplex boasts a variety of desirable features that make it an ideal choice for investors seeking lucrative returns.With a total of 3,784 square feet, this multi-family... Read More
627 32nd Street, West Palm Beach, FL 33407
N/A
UNITS
Quad Plex
SUB TYPE
$820,000
LISTING PRICE
1,946
SQUARE FEET
This fourplex property has a tremendous cash flow generating a gross annual income of $81,600. Value can be further added to this property by raising rents, submetering utilities, installing laundry facilities, or renovating the... Read More
1194 Hyacinth Place, Wellington, FL 33414
2
UNITS
Duplex
SUB TYPE
$799,000
LISTING PRICE
1,842
SQUARE FEET
Opportunity to own an updated Duplex in the heart of Wellington with NO HOA! Two units with 2 Bedrooms and 2 Bathrooms each and a 1 car garage with laundry. Annual tenants currently in place in both units. Read More
12450 Guilford Way, Wellington, FL 33414
2
UNITS
Duplex
SUB TYPE
$799,000
LISTING PRICE
2,380
SQUARE FEET
Left side of Duplex is currently being run as an Assisted Living Facility. Property would also be great as a midterm rental for travel nurses, group home, transitional home. Read More
645 32 Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$780,000
LISTING PRICE
1,554
SQUARE FEET
Zoning: SF7 - SINGLE-FA
MLS#: RX-10886884
Subdivision: NORTHWOOD ADD IN PB 8 PGS 47 & 62, PB 9 PGS 30 & 47, PB 10 P 11, PB 11 PGS 18, 38
Interesting 3/1 Bedroom and two 1/1 corner lot property in Old Northwood. Front of house has 3 Bedrooms, Living Room, modern Kitchen and Bathroom, rear of home (Two apt 1/1 with a new kitchen Offers lots of possibilities, street parking... Read More
618 32nd Street, West Palm Beach, FL 33407
4
UNITS
Quad Plex
SUB TYPE
$769,000
LISTING PRICE
2,464
SQUARE FEET
Finally the Investors dream has arrived in the Market. This remarkable fourplex comprises two buildings, each housing two units side by side, boasting a total of 2,464 square feet. Nestled in the thriving Northwood Area, it represents a... Read More
9332 Roan Lane, West Palm Beach, FL 33403
2
UNITS
Duplex
SUB TYPE
$739,000
LISTING PRICE
1,640
SQUARE FEET
Great income potential! MOTIVATED SELLER!! Price reduced! Lease right away. No condo association or HOA!!PROPERTY PROFESSIONALLY INSPECTED AND REPAIRS MADE!!There are so many investment opportunities!! Live on one side and rent out the... Read More
424 Malverne Road, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$735,000
LISTING PRICE
1,612
SQUARE FEET
Fantastic property. Guest house. (2) beautifully renovated 2 bedroom 1 bathroom detached homes. Sitting on a fully fenced private lot with lush landscaping. Hot tub and a large deck. Impact windows. New roof. Ideal investment property... 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
2740 Richard Road, West Palm Beach, FL 33403
3
UNITS
Triplex
SUB TYPE
$600,000
LISTING PRICE
1,348
SQUARE FEET
Considering the property's desirable location and its potential for rental income, it appears to be an investor's dream for long-term or short-term rental Singer Island Beach and Juno Beach, offers attractive amenities for both residents... 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
614 30th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$569,000
LISTING PRICE
1,603
SQUARE FEET
Your dream investment opportunity awaits with this Triplex in West Palm Beach. All units are currently leased on a month-to-month basis, presenting a lucrative cash flow opportunity in the heart of West Palm Beach. Situated in close... 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
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
3509 Pinewood Avenue, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$499,000
LISTING PRICE
1,474
SQUARE FEET
Lucrative investment opportunity, nestled next to the enchanting Northwood Historic district. This remarkable duplex boasts two separate buildings, providing an incredible chance for investors to capitalize on its potential. The first... Read More
3611 Pinewood Avenue, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$459,000
LISTING PRICE
1,876
SQUARE FEET
Duplex located in Northwood Palm beach. Great rental income. Freshly painted, newly renovated kitchen, new vinyl flooring, new ceiling fans, huge living and family room on first floor unit, including a working fire place. First floor... Read More
614 N Tamarind Avenue, West Palm Beach, FL 33401
2
UNITS
Duplex
SUB TYPE
$279,000
LISTING PRICE
1,500
SQUARE FEET
VACANT BOARDED UP WITH NO UTILITIES SERVCES CONNECTED. 2 2BR/1BA POTENTIAL RENTAL UNITS WITH ATTACHED 1 CAR GARAGE.FANTASTIC OPPORTUNITY WITH BIG THINGS PROPOSED FOR THIS NEIGHBORHOOD . REDEVELOPMENT IS ALL AROUND AND ONGOING. NO STREET... Read More
743 42nd Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$180,000
LISTING PRICE
600
SQUARE FEET
Fantastic Opportunity: Duplex in West Palm Beach!This wonderful duplex, featuring 1 bedrooms and 1 bathrooms on each unit, comes with the added benefit of no HOA fees. It's the perfect opportunity to secure an income-generating residence... Read More