$550,000

2737 EMORY Drive W # D, West Palm Beach FL 33415

6 days on market

Bathrooms
0
Living area
3,296 sqft
Price per sqft
$167
Type
Quadruplex
Year built
1981
HOA
$1,832/mo
Taxes
$8,146/yr
MLS #
B26092561

About this home

7.7% Cap Rate, $42,765 NOI. Acquire a self-managed, fully leased 4-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (1) 2bed/1.5bath,(1) 2bed/1bath, (2)1bed/1.5bath units all located in well maintained Palm Beach County 55+ communities with well-established pet-free tenants. The communities are villas or 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $12,150 transfer. This structure consolidates 4 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only All units are located close together and have screened porches, additional storage, and either in-unit laundry or a free-standing laundry room within 50ft. 15 Valencia A, Delray Beach, FL 33446 3561 Long Pine Ct, Unit A2, Greenacres, FL 33463 5831 Whispering Pine Way, Unit A1, Greenacres, FL 33463 2737 Emory Dr E, Unit D, West Palm Beach, FL 33415 A membership-interest transfer may have different property tax implications than a deed transfer*

Estimated subtotal

$2,511/mo

Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
Not included
Property taxMLS 2025 annual tax, shown monthly
$679
HOAMLS association fee, monthly
$1,832

The current market rate is not available right now. Enter the rate your lender quoted.

Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.

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The neighborhood

West Palm Beach, 33415

Listing courtesy of Real - ativity

Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.

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