$30,000
$39,900
24.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/11/2021
Key Details
Sold Price $30,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10261144
Sold Date 10/11/21
HOA Y/N No
Property Description
This building was built in the 50's as housing for farm workers. It is completely void of any upgrades. It is a shell with approx. 24 room approx. 16x16 and 2 large bathroom on the 1st and second floor with no fixtures. It is a shell. It is now zoned res with a use code of 7. Since there is no pluming or electrical in the building the best use would be storage rentals on the 2nd floor and possible offices on the 1st floor. There is no parking lot here so some vacant land could be purchased in the area for a parking lot. The owner will finance this purchase with $25,000 down payment for 3-5 years at 4.5% interest. In order to change the zoning you would have to the zoning board for a variance to be able to put something there besides residential.
Location
State FL
County Palm Beach County
Area Palm Beach 5500; 5510
Zoning Res Use
Interior
Flooring Concrete Floors
Exterior
Water Access N
Roof Type Tar & Gravel Roof
Private Pool No
Building
Story 2.0000
Foundation Concrete Block Construction
Others
Pets Allowed No
Acceptable Financing Owner Financing
Listing Terms Owner Financing
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