.png){kind=logo}
702 50th Street West Palm Beach, FL 33407
5 Bedroom, 1,700 Sqft, Single Family Detached
AGENT'S REMARKS ABOUT 702 50TH STREET
Introducing a rare opportunity to own a Spanish-style detached triplex in the sought-after area of West Palm Beach. This investment gem offers a current cap rate of 8.61%, making it an attractive option for those looking to enhance their real estate portfolio.Property Highlights:-Three separate rental units present a steady income stream. Unit 1 will be empty by the end of Oct 2024. Unit 2 has a year lease until Sep 2025. Unit 3 has a 6 month lease, until end of March 2025.Monthly Income:Unit 1- $2, 100 (expires 10/31/25)Unit 2- $1, 450 (9/1/25)Unit 3- $900 (3/31/25)-Built on a 50 x 105 lot, this property showcases classic stucco exterior walls with a durable built-up roof, ensuring long-lasting quality and minimal maintenance.PROPERTY DETAILS
- Property Type: Single Family Detached
- Approx Living Area: 1,700 SqFt
- Total Bedrooms: 5
- Bathrooms: 3 Full
- Year Built: 1926
- Lot Size: 5,171 SqFt
- Acreage: < 1/4 Acre
- Stories: 1
- Rooms: None
- Interior: None
- Other Appliances: None
- Flooring: Ceramic Tile, Wood Floor
- Age Restrictions: No Hopa
- Total Floors in Building: 1
- House Faces/Primary View: West
- Construction: Frame, Stucco
- Cooling System: Ceiling Fan, Electric, Wall-Win A/C
- Heating: No Heat
- Utility Information: Public Sewer, Public Water
- Furnished: Unfur
- Pets Allowed: No
- Pet Policy: None
- County: Palm Beach
- Area: 5420
- Subdivision: NORTH PALM BEACH
- Community Features: None
- Age Restricted: No Hopa
- Annual Property Taxes: $3,013
- Ownership: None
- Repo/Reo: No
- Short Sale: No
MAP LOCATION FOR 702 50TH STREET WEST PALM BEACH, FL 33407
SHARE 
SIMILAR LISTINGS NEAR 702 50TH STREET
2 bd • 2 ba • 1,170 Sq Ft
5600 N Flagler Drive 1009 West Palm Beach FL, 33407
Do you have questions about 702 50th Street West Palm Beach, FL 33407? Contact us for more information and to schedule a tour. You can browse all West Palm Beach Real Estate and Homes for Sale. Brett Colby Group is a local top real estate service in Palm Beach County, FL. Your complete satisfaction is our First Priority.
Listing courtesy of Keller Williams Realty/P B 10.06.2024