1530 Crescent Cir, West Palm Beach FL 33403

$2,400,000

$235/sq ft

$200,000
Price Decreased

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Overview

Year Built

1963

Sqft

10224

Property Type

Quadruplex

Property Description

Exceptional opportunity to acquire a 10,000 SF, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.

Property Details

MLS#

A11858108

Total Floor in Bldg

2

Building

LAKE PARK ADD 3

Address

1530 Crescent Cir

City

West Palm Beach

State/county

FL

Zip/Postal Code

33403

Area

Lake Park Add 3

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$28,606

Maint Fee

$--

Tax Year

2024

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Boris Gelfand