Address
3790 Gulfstream Road Palm Springs, FL
Price
$ 1,300,000
Property Attributes
  • MLS#RX-10722016
  • TypeMulti-Family
  • CountyPALM BEACH
  • CityPalm Springs
  • Area5690
  • NeighborhoodLakewood Gardens Pl 1 In
  • Zip33461
  • StyleTriplex
  • Year Built1950
  • Taxes$ 12108
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage4348
  • Lot Size0.94 Acres
Listing Provided Courtesy Of:
Paradise Real Estate Intl
Data Source:
Beaches MLS
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.

Price History
6/7/2021 Listed $1,300,000

General Features

Adult 55+ No Hopa
Area 5690
Auction No
Construction Frame, Stucco
Cooling Electric
Exterior Features None
Flooring Laminate
Geo Area PB19
Geo Lat 26.621029
Geo Lon -80.100646
HOA None
HOA/POA/COA (Monthly) 0.00
Heating Electric
Legal Description LAKEWOOD GARDENS PLAT 1 TR 9 BLK 2
Maintenance Fee Incl None
Possession Funding
Property Type B
REO No
Restrict None
Roof Metal
Short Sale No
Source Of Expenses Books, Owner
Status Active
Stories 1.0
Subdivision LAKEWOOD GARDENS PL 1 IN
Tax Year 2020
Taxes 12108.30
Tenant Pays Cable, Electric
Terms Considered Cash
Type Triplex
Utilities Electric, Public Water
Virtual Tour https://www.propertypanorama.com/3790-Gulfstream-Road-Palm-Springs-FL-33461/unbranded
Waterfront No
Waterfront None
Year Built 1950
Zoning RM(cit

Interior Features

SqFt - Living 4348.00
Total # Of Units 13
Unit 1 Desc A/C Unit
Unit 2 Desc A/C Unit
Unit 2 Info Efficiency

Exterior Features

Carport Spaces 1.00
Lot Description 1/2 to < 1 Acre
Private Pool Y/N No
Subdiv Amenities Common Laundry, Street Lights
Unit 1 Parking Open Parking
Unit 2 Parking Open Parking

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 33461

Price
AVG $730K
$1.3M
Taxes
AVG $7,396
$12,108
Visits
AVG 91
23
Year Built
AVG 1970
1950

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