Modern Living Group
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$620,000ACTIVE

618 49TH Street, West Palm Beach, FL 33407

beds0baths2,200sq ft$282/ sq ft
THE RESIDENCE

About this home

Prime West Palm Beach duplex in an area experiencing exciting growth and revitalization! Featuring 4BR/3BA unit and 2BR/1BA unit, this CBS property with impact windows throughout is ideal for investors or owner-occupants seeking rental income. Just minutes from Downtown West Palm Beach, beaches, St. Mary's Medical Center, shopping, dining, major highways, and Palm Beach International Airport. Located near the rapidly evolving Northwood redevelopment district, where ongoing public and private investment continues to transform the surrounding area with new mixed-use projects, improved infrastructure, and expanding amenities. A rare opportunity to own an income-producing property in one of West Palm Beach's most strategically located neighborhoods.

THE DETAILS

Property details

List Price$620,000
Price / Unit$155,000
Units4
Cap Rate4.13%
Gross Income$32,400/yr
Net Operating Income$25,607
Inside Sq Ft2,200
Year Built1950
ConstructionBlock, Other
FlooringTile
ZoningSF7 (city)
Lot Dimensions.1813 acres
Property TypeDuplex
MLS #B26057621
StatusActive
Original List Price$620,000
GRM19.1
Tenant PaysCable TV, Electricity, Sewer, Water
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Stories1
Lot Size0.18 acres
WaterfrontNo
ViewGarden
Days on Market0
Annual Taxes$7,855
CityWest Palm Beach
Zip Code33407
LOCATION

Where you'll live

Tyler Melik
FEATURED AGENT
Tyler Melik
WPB Specialist
Real Estate Specialist

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