Homes for sale - 3063 Floweva ST A, Palm Springs, FL 33406

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Zachary Coletti

zac@colettiteam.com +1(772) 874-4400

Listed by The Keyes Company

$1,300,000

Est. payment - /mo

6 Beds

4 Baths

3,940 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Active

Purchase Type For Sale

Square Footage 3,940 sqft

Price per Sqft $329

Subdivision Bryant Park

MLS Listing ID RX-11115439

Bedrooms 6

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1956

Annual Tax Amount $12,367

Tax Year 2024

Lot Size 0.460 Acres

Property Sub-Type Quad Plex

Property Description

****6-unit multifamily property in South Florida.**** CITY WATER** NO SEPTIC!!!!The property consists of three separate buildings on one parcel: Front triplex with two 1 bed/1 bath units and one 3 bed/1 bath unit. Rear duplex with two 2 bed/1 bath units, and standalone 1 bed/1 bath cottage. Some units feature private fenced backyards, enhancing tenant appeal and retention. One of the 1 bed/1 bath units will be delivered vacant in June, allowing for immediate rental upside. Each unit has electric meter. Current gross rents $9,000/month or $108,000/year. Rents significantly below market, providing a strong value-add. Market rent estimates: 1 bed units $1,600-$1,750, 2 bed units $1,900-$2,000, and 3 bed units $2,400+. Pro forma gross income is approximately $133,200 annua

Location

State FL

County Palm Beach

Area 5490

Zoning RM(cit

Interior

Heating Central Individual

Cooling Central Individual

Flooring Laminate

Exterior

Exterior Feature None

Utilities Available None

Amenities Available None

Waterfront Description None

Roof Type Comp Shingle

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre

Story 1.0

Foundation Other

Construction Status Resale

Others

Senior Community No Hopa

Restrictions Other

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

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Zachary Coletti

+1(772) 874-4400

Team Leader | License ID: 3336515

Team Leader License ID: 3336515

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3063 Floweva ST A Palm Springs, FL 33406

Zachary Coletti

Key Details

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Interior

Exterior

Building

Others

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