Good place to park some money rather than vacant land. For sale strictly as an income/investment/land bank property only. Not for occupancy or use by a buyer as the sale will be subject to a 5 year lease with the current owner as tenant with an additional 5 year option. Tenant pays $15,000/month plus real estate taxes, renters insurance, utilities, lawn, pest, A/C, roof & pool maintenance. Great place to park some money in quality real estate with guaranteed income & 100% occupancy. Possible future limited commercial potential.
Property Details
Price:
$4,936,000
MLS #:
R10885252
Status:
Active
Beds:
4
Baths:
3.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Palm Beach Country Estates
Neighborhood:
5330
Listed Date:
Sep 16, 2024
Finished Sq Ft:
4,000
Total Sq Ft:
5,170
Lot Size:
2,430,648,000 sqft / 1.28 acres (approx)
Year Built:
1981
Schools
Elementary School:
Marsh Pointe
Middle School:
Independence
High School:
William T. Dwyer
Interior
Appliances
Electric Water Heater, Cooktop, Dishwasher, Disposal, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Water Softener
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Electric, Zoned
Flooring
Carpet, Ceramic Tile, Wood
Heating
Central, Zoned
Interior Features
Bar, Cabana Bath, Cathedral Ceiling(s), Entrance Foyer, High Ceilings, Pantry, Pull Down Stairs, Roman Tub, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Laundry Features
Inside, Laundry Tub, Washer Hookup
Main Level Bathrooms
3
Main Level Bedrooms
4
Exterior
Architectural Style
Colonial
Association Amenities
Jogging Path, Park, Pickleball Court(s), Playground
Attached Garage YN
1
Construction Materials
CBS, Stone Veneer, Stucco
Covered Spaces
2.5
Direction Faces
South
Exterior Features
Pool Bathroom
Fencing
Fenced
Garage Spaces
2.5
Lot Features
Corner Lot, Sidewalks
Open Parking Spaces
8
Parking Features
Attached Garage, Circular Driveway, Garage, Garage Door Opener
Patio And Porch Features
Patio – Screened, Patio – Covered, Porch, Patio
Roof
Metal
Security Features
Closed Circuit Camera(s), Smoke Detector(s)
Stories
1
View
Pool
Waterfront Features
None
Window Features
Storm Window(s)
Financial
Tax Year
2025
Taxes
$9,533
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