524 Palmetto Street, West Palm Beach, FL 33405

$535,000
1,632
SqFt

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Sold Price
$535,000
List Price
$550,000
Status
CLOSED
Days on Market
80
Closing Date
Dec 30, 2024
MLS#
F10462648
Subtype
Residential Income
Year Built
1940
Living Area
1,632
Subdivision
Colonial Estates
Building Name
Colonial Estates
MLS Area Major
5430

Property Description

518 and 524 Palmetto St. Turnkey and income producing property in highly desireable Colonial Estates. This investment opportunity includes 2 separate buildings, both fully rented. The first building is a 2 bedroom, 1 bathroom single family home. The second building is a 2 bedroom, 2 bathroom single family home. This investment offers true flexibilty. It can be used as a long term rental property or the location would make a great short term rental property. For a lower down payment, the owner can occupy one of the buildings and realize huge rewards. There are so many possibilities with this inome producing opportunity. Professionally managed and well maintained since the current owners purchased means very little hassle for the new owner(s). Separate laundry area shared by both units.

Additional Information

Taxes
$8,445
Flooring
Ceramic Tile, Wood
Heating
Heat Pump, Separate Meters
Air Conditioning
Central Air, Ceiling Fan(s)
Exterior Construction
Aluminum Siding, Frame
Stories
1
Roof
Composition, Shingle

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Miranda Executive Realty. Contact:

Selling Office: Final Destination Realty Group.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Joseph J Miranda | Email: Joe.Miranda@MyMXRealty.com