401 Southwind Drive, North Palm Beach, FL

$3,400,000

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10,304

Square feet

0.35

Acres

About 401 Southwind Drive

DO NOT DISTURB TENANTS....INCOME = $239,000 / NOI = $209,000Fully Remodeled, New Everything, 8 Unit Apartment Building, Each Unit Separate Electric and Water Meters. Each Unit has 3 Bedrooms and 2 Bathrooms with Balconies and/or Fenced in Yards. Income and Expenses on MLS under Documents with Room to Raise Rents. All Tenants On Annual Leases, with Rent Increases Scheduled Annually Per Lease. Each Tenant was screened and Paid $6,300 or More w/ Pet Fee at Move In, 1st Month, Last Month, & 1 Month Deposit. This is a Great Building that will require No Work as over $500,000 was put into the building in the start of 2020, As you see the Photos. Every Unit looks like the photos completely redone & Balconies Look onto the Water, 1st Floor Patios have Fenced yards.

Commercial property for sale in North Palm Beach, FL at 401 Southwind Drive. This Commercial property is priced at $330/sqft

Features of 401 Southwind Drive

MLS® # RX-10980489
Price $3,400,000
Square Footage 10,304
Acres 0.35
Year Built 1968
Type Commercial
Sub-Type Income, Other
Style Free Standing, Resident. Multi-Fam.
Status Price Change

Community Information: North Palm Beach

Address 401 Southwind Drive
Area 5260
Subdivision NORTH PALM BEACH VILLAGE OF 3
City North Palm Beach
County Palm Beach
State FL
Zip Code 33408

Amenities of 401 Southwind Drive

Utilities 3-Phase Electric, Cable, Public Sewer
Is Waterfront No

Interior of 401 Southwind Drive

Appliances Building and Land, Fixtures
Heating Central
Cooling Ceiling Fan, Central
# of Stories 2

Exterior of 401 Southwind Drive

Lot Description 8 Unit Building
Roof Tar/Gravel
Construction CBS

Additional Information On 401 Southwind Drive

Listing Courtesy of Palm Beachers Realty LLC
Date Listed April 22nd, 2024
Zoning R3(cit
RE / Bank Owned No

Listing Details

OfficePalm Beachers Realty LLC

Listing Map

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