321 15TH STREET WEST PALM BEACH FL 33404 Sold 02/07/2025

Overview of 321 W 15th St #1

Discover a golden opportunity in this multi-family property, perfect for the visionary investor or handy homeowner. This 3/1 & 1/1 multi-family is a diamond in the rough, waiting for your personal touch to unlock its true potential. While the property requires significant renovations, its location is poised for exponential growth. Nearby construction projects and emerging businesses are set to transform the area, promising a bright future for this investment. With an impressive 11% cap rate, this property offers substantial rental income possibilities for the savvy investor. Imagine the satisfaction of breathing new life into this space, creating a comfortable home or lucrative rental units. The property's "as-is" condition presents an exciting canvas for your creativity and renovation skills. Located in a vibrant community, this property benefits from proximity to local amenities. The inlet grove community high school is just a short distance away, perfect for families or student tenants. For commuters, the mangonia park train station provides convenient transportation options. Daily necessities are easily accessible with a family dollar nearby, while the riviera beach marina village event center offers recreational opportunities for residents to enjoy. Not to mention, the blue heron bridge, one of the country's top-rated beach dive sites, only 5 minutes away. Whether you're an investor seeking strong cash flow or a handyman ready for a rewarding project, this property holds the key to your real estate dreams. Needs cosmetic rehab. Investor notes: gross income - $46,440. Cc credits and buy down rate options available. Feel free to soft pitch purchase agreements to listing agent before writing anything up. Ask me anything, big or small. I’m happy to help. Full cooperation with all agents if this is “not on my mls.” please just reach out to listing agent below for disclosures and mls info sheet. No assignable contracts accepted.

This lovely single family home was built in 1953 and features 4 bedrooms, and 2 full bathrooms. This home for sale is 1,370 square feet, with 1,320 sq ft being air conditioned living space. The home has a does not have a private swimming pool.

Directions to this property are as follows: From I95-s, Use The 2nd From The Right Lane To Take Exit 76 For Fl-708 E. Use Any Lane To Turn Left Onto Fl-708 E/w Blue Heron Blvd. Drive 2.1 Miles Then Turn Right Onto Old Dixie Hwy/president Barack Obama Hwy. Drive 0.6 Miles, Turn Left Onto W 13th St. Drive 0.1 Miles, Turn Left Onto Avenue H. Drive Another 0.1 Miles & Turn Right Onto W 15th St. In 423 Ft, Destination Will Be On The Right.

Please contact your ZFC agent for more information about MLS# MFRT3551791 or any other homes for sale in West Palm Beach or elsewhere in the Palm Beach County area.