Amazing Investment Opportunity!!! This rarely available corner lot, a little under half an acre, located in downtown West Palm Beach is a prime opportunity to generate great rental income. The lot is zoned Multifamily in a HISTORIC DISTRICT and currently has three single family homes situated on it. FULL REHAB needs to be done on units. Less than five minutes from the Palm Beach Outlet Mall. Centrally located to the Palm Beach International Airport and City Place.
Type:
Single-family residential
Furnished Remarks:
Unfurnished
Subdivision:
FRESHWATER 11TH & 12TH AVE ADD
Heating:
Central, Window/Wall
Cooling:
Central, Wall-Win A/C
Construction
Frame,Stucco,Woodside
Utilities
Public Sewer,Public Water
Lot Description:
1/4 to 1/2 Acre,Paved Road,Public Road,Sidewalks
View Description:
City,Garden
706 13th Street, West Palm Beach, FL, 33401
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
