1530 Crescent Cir new

West Palm Beach,FL 33403

$ 2600000

- Bed

0 Bath

10224 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 10,224 sqft

Price per Sqft $254

Subdivision Lake Park Add 3

MLS Listing ID A11858108

Style Fourplex

Year Built 1963

Annual Tax Amount $28,606

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

Exceptional opportunity to acquire a 10,000 SF, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.

Location

State FL

County Palm Beach

Community Lake Park Add 3

Area 5270

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Exterior

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Roof Type Concrete

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Sewer Public Sewer

Water Public

Structure Type Block

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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