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    3790 Gulfstream Road

    Palm Springs, FL 33461
    • $1,300,000
    • STATUS: Active
    • ON SITE: 14 days
    • ID#: RX-10722016
    UPDATED: 19 min ago
    $1,300,000
    • 0
      BEDS
    • 0.94
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,348
      SQFT
    • $299
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    This is a golden opportunity! The community consists of 10 cottages, a duplex unit, and a studio/loft above the garage for a total of 13 units arranged around a private cul-de-sac. Each unit has its own driveway for convenience and security. There are 11 1/1 and 2 studios. There are full kitchens in all the units. All but one have walk-in showers and a bedroom. We converted #2 into a studio with a bathtub. Several of our tenants have been leasing since 2014. The units are small, but we have no problem leasing at our current rents. Our vacancy rate is extremely low and when a vacancy does occur, rent quickly.

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    www.messickhomes.com/homes/117971275
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    3790 Gulfstream Road Palm Springs, FL 33461

    • Price: $1,300,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: RX-10722016
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.94
    Acres
    4,348
    SQFT
    $299
    $/SQFT
    1950
    Built
    Neighborhood:
    Lakewood Gardens Pl 1 In
    County:
    Palm Beach
    Area:
    Palm Springs
    Property Description
    This is a golden opportunity! The community consists of 10 cottages, a duplex unit, and a studio/loft above the garage for a total of 13 units arranged around a private cul-de-sac. Each unit has its own driveway for convenience and security. There are 11 1/1 and 2 studios. There are full kitchens in all the units. All but one have walk-in showers and a bedroom. We converted #2 into a studio with a bathtub. Several of our tenants have been leasing since 2014. The units are small, but we have no problem leasing at our current rents. Our vacancy rate is extremely low and when a vacancy does occur, rent quickly.
    Exterior Features

    Carport Spaces 1.00 Construction FrameStucco Exterior Features None Lot Description 1/2 To < 1 Acre Private Pool YN No Roof Metal Unit1 Parking Open Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Electric Flooring Laminate Heating Electric Unit1 Desc A/C Unit Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 350 Unit2 Desc A/C Unit Unit2 Full Baths 1 Unit2 Furnished No Unit2 Info Efficiency Unit2 Sq Ft 420 Unit3 Sq Ft 576 Unit4 Sq Ft 420

    Property Features

    Annual Net Operating Income 83410.00 Annual Total Expenses 35006.00 Available Info Accounting Built Desc Resale Gross Operating Income 130800.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None Multifamily Type Triplex Possession Funding REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses BooksOwner Sq Ft Total 4348.00 Subdivision Amenities Common LaundryStreet Lights Tax Amount 12108.30 Tax Year 2020 Taxes City/County Tenant Pays CableElectric Terms Considered Cash Unit1 Monthly Income 850.00 Unit2 Monthly Income 875.00 Unit3 Monthly Income 925.00 Unit4 Monthly Income 850.00 Utilities ElectricPublic Water Zoning Rm(Cit

    Listing provided courtesy of Paradise Real Estate Intl. Listing information © 2021 BeachesMLS
     
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    951 Yamato Rd., Suite 250
    Boca Raton FL, 33431