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5812 Banana Road

West Palm Beach, FL 33413
  • $950,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: RX-10855212
UPDATED: 73 min ago
$950,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,070
    SQFT
  • $233
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Information

Description

Rare find for investors! Two duplexes located on just under a 1/2 acre with no HOA. All units have updated bathrooms. All water heaters have been replaced recently. Three of four kitchens are updated. Newer a/c units in all units. Electrical panels have been updated. All units are rented. Some tenants are long term so current rents are not market rents. Separate electrical meters. The east building only has one water meter. All square footage measurements are approximate.

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www.keriannworley.com/homes/135696627
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5812 Banana Road West Palm Beach, FL 33413

  • Price: $950,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 73 min ago
  • ID#: RX-10855212
0
Beds
0
Baths
0
½ Baths
0.4
Acres
4,070
SQFT
$233
$/SQFT
1971
Built
Neighborhood:
Royal Palm Estates 3
County:
Palm Beach
Area:
West Palm Beach
Elementary School:
Benoist Farms Elementary School
Middle School:
Jeaga Middle School
High School:
Royal Palm Beach High School
Property Description
Rare find for investors! Two duplexes located on just under a 1/2 acre with no HOA. All units have updated bathrooms. All water heaters have been replaced recently. Three of four kitchens are updated. Newer a/c units in all units. Electrical panels have been updated. All units are rented. Some tenants are long term so current rents are not market rents. Separate electrical meters. The east building only has one water meter. All square footage measurements are approximate.
Exterior Features

Carport Spaces 0.00 Construction Cbs Exterior Features None Lot Description 1/4 To 1/2 Acre Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Open Parking View Other Waterfront Description None Waterfront YN No

Interior Features

Cooling Wall-Win A/C Flooring Ceramic Tile Heating No Heat Unit1 Bedrooms 2 Unit1 Desc A/C UnitElectric MeterKitchenRange - ElectricRefrigeratorScreened Porch Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 700 Unit2 Bedrooms 4 Unit2 Desc A/C UnitElectric MeterKitchenPatioRange - ElectricRefrigerator Unit2 Full Baths 2 Unit2 Furnished No Unit2 Sq Ft 1300 Unit3 Bedrooms 2 Unit3 Desc A/C UnitElectric MeterKitchenRange - ElectricRefrigeratorScreened Porch Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 700 Unit4 Bedrooms 3 Unit4 Desc A/C UnitElectric MeterKitchenPatioRange - ElectricRefrigerator Unit4 Full Baths 1 Unit4 Furnished No Unit4 Sq Ft 1300 Window Treatments Blinds

Property Features

Annual Net Operating Income 44400.00 Annual Total Expenses 18613.00 Auction No Available Info Leases Built Desc Resale Gated Community No Gross Operating Income 5255.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Info Sold As-Is Sq Ft Total 4784.00 Subdivision Amenities None Tax Amount 10732.70 Tax Year 2022 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashConventional Unit1 Monthly Income 1185.00 Unit2 Monthly Income 1450.00 Unit3 Monthly Income 1285.00 Unit4 Monthly Income 1335.00 Utilities CableElectricPublic WaterSepticWater Available Zoning Rm

Listing provided courtesy of William Raveis South Florida: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS
 
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Keriann Worley, Broker Associate at Douglas Elliman Real Estate
444 East Palmetto Park Rd
Boca Raton FL, 33432