1530 CRESCENT CIR #8, West Palm Beach
$2,400,000 USD
Pictures
Map
Contact us
Schedule Tour
| Address | 1530 CRESCENT CIR #8, West Palm Beach |
| Building Name | LAKE PARK ADD 3 |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $2,400,000 |
| Previous Price | $2,500,000 (79 days ago) |
| Property Status | Active |
| MLS Number | A11858108 |
| Living Area | 10224 |
| Year Built | 1963 |
| Parking Space Number | 12 |
| Folio Number | 36434221031350010 |
| Gross Rent Income | $213,600 |
| Net Operating Income | $153,718 |
| Zoning Information | R2 (CITY |
| Days on Market | 230 |
Detailed Description: Exceptional opportunity to acquire a 10,000 sq.ft, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom / 2 bathroom and 1- 2 bedroom / 1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.
Internet
Property added to favorites
Loan
Mortgage
Expert
Hide
Address Information
| State | Florida |
| City | West Palm Beach |
| County | Palm Beach County |
| Zip Code | 33403 |
| Address | 1530 CRESCENT CIR |
| Section | 21 |
| Zip Code (4 Digits) | 2255 |
Financial Information
| Price | $2,400,000 |
| Price per Foot | $0 |
| Previous Price | $2,500,000 |
| Folio Number | 36434221031350010 |
| Gross Rent Income | $213,600 |
| Net Operating Income | $153,718 |
| Tax Amount | $28,606 |
| Tax Year | 2024 |
| Possession Information | Funding |
Full Descriptions
| Detailed Description | Exceptional opportunity to acquire a 10,000 sq.ft, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom / 2 bathroom and 1- 2 bedroom / 1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential. |
| Roof Description | Concrete |
| Floor Description | Vinyl |
| Cooling Description | Central Air |
| Heating Description | Central |
| Water Description | Municipal Water |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 10224 |
| Zoning Information | R2 (CITY |
| Year Built | 1963 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Building Name | LAKE PARK ADD 3 |
| Development Name | LAKE PARK ADD 3 |
| Construction Type | Concrete Block Construction |
| Stories Number | 2.000 |
| Parking Space Number | 12 |
| Listed with | LIV Real Estate Group |