Under contract-accepting backup offers. Discover a golden opportunity in this multi-family property, perfect for the visionary investor or handy homeowner. This 3/1 & 1/1 multi-family is a diamond in the rough, waiting for your personal touch to unlock its true potential. While the property requires significant renovations, its location is poised for exponential growth. Nearby construction projects and emerging businesses are set to transform the area, promising a bright future for this investment. With an impressive 11% cap rate, this property offers substantial rental income possibilities for the savvy investor. Imagine the satisfaction of breathing new life into this space, creating a comfortable home or lucrative rental units. The property's "as-is" condition presents an exciting canvas for your creativity and renovation skills. Located in a vibrant community, this property benefits from proximity to local amenities. The Inlet Grove Community High School is just a short distance away, perfect for families or student tenants. For commuters, the Mangonia Park train station provides convenient transportation options. Daily necessities are easily accessible with a Family Dollar nearby, while the Riviera Beach Marina Village Event Center offers recreational opportunities for residents to enjoy. Not to mention, the Blue Heron Bridge, one of the country's top-rated beach dive sites, only 5 minutes away. Whether you're an investor seeking strong cash flow or a handyman ready for a rewarding project, this property holds the key to your real estate dreams. Needs Cosmetic rehab. Investor notes: Gross income - $46,440. CC credits and buy down rate options available. Feel free to soft pitch purchase agreements to listing agent before writing anything up. Ask me anything, big or small. I’m happy to help. FULL COOPERATION WITH ALL AGENTS IF THIS IS “NOT ON MY MLS.” Please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
Lot & Building Features
AppliancesNone
ConstructionStucco, Wood Siding
CoolingCentral Air
HeatingNone
Interior DecorNinguno
SewerPublic Sewer
Tax Year2023
Taxes Paid$588
WaterPublic
Price History of 321 15TH STREET, WEST PALM BEACH, FL
Date
Name
Price
Difference
01/09/2025
Price Adjustment
$299,999
3.45%
01/08/2025
Price Adjustment
$289,999
5.23%
01/06/2025
Price Adjustment
$305,999
1.29%
01/02/2025
Price Adjustment
$309,999
1.90%
11/20/2024
Price Adjustment
$315,999
1.25%
10/28/2024
Price Adjustment
$319,999
4.76%
10/21/2024
Price Adjustment
$335,999
1.18%
10/10/2024
Price Adjustment
$339,999
3.03%
10/07/2024
Price Adjustment
$329,999
5.71%
09/25/2024
Price Adjustment
$349,999
2.78%
12/31/1969
Listing Price
$359,999
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
321 15TH STREET (MLS #T3551791) is a single family home located in WEST PALM BEACH, FL.
This is a single family home with a lot of 6,534 sqft (or 0.15 acres). This property was listed on 09/20/2024 and has been priced for sale at $299,999.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: RICHARD PETERS REALTY LLC