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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

1530 CRESCENT CIR, WEST PALM BEACH, FL 33403

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Multi Family - LAKE PARK ADD 3 for Sale

1530 CRESCENT CIR, WEST PALM BEACH, FL 33403

Asking Price$2,600,000

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  • Days on market:

    2 day(s)

  • Original Price:

    $2,600,000

  • Price per sqft:

    $254.3

  • Tax Legal Description:

    LAKE PARK ADD NO 3 LOT 1 BLK 135

  • Tax Year:

    2024

  • Property Type:

    Multi Family

  • Style:

    Fourplex

  • Construction Type:

    Concrete Block Construction

  • Roof:

    Concrete

  • Cooling Description:

    Central Air

  • Heating Description:

    Central

  • Floor Description:

    Vinyl

  • Lot Features:

    1/4 To Less Than 1/2 Acre Lot

  • Type of Association:

    None

Description

$2,600,000 • living size area 10224 sqft

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.
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