Basic Information

  • Status Closed
  • Subdivision/Complex Palm Beach Farms Co 7
  • Year Built 1979
  • Total Sqft 5,880
  • Date Listed 02/23/2022
  • Days on Market 36
Description

Herbertz Villas Offers a Investor a Opportunity To Acquire A Turn Key Investment Opportunity. The Property Is Comprised Of 6 Villas each unit 3 bedroom 1 bath. The Property is 100 occupied. 4 of the units are are rented at 1,700 a month. The mangers unit is rented at 500.00 and and the last unit is rented at 1,3000. Comparable units are renting at 1,900 per month. Proforma Cap Rate Is 7.9.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description

Interior Features

  • Adjusted Sqft 5,880Sq.Ft
  • Cooling Description Central Air
  • Floor Description Ceramic Tile
  • Heating Description Central
  • Sqft 5,880 Sq.Ft

Property Features

  • Address 4063 Herbertz Road
  • Aprox. Lot Size 37,462
  • Association Fee Frequency Monthly
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • HOA Fees $0
  • Subdivision Complex Palm Beach Farms Co 7
  • Subdivision Info Palm Beach Farms Co 7
  • Tax Amount $11,943
  • Tax Legal desc PALM BEACH FARMS CO PL NO 7 E 158.72 FT OF S 12 OF LOT C LESS N 20 FT ALL OF LOT D LT E LESS S 70 FT BLK 15
  • Tax Year 2021
  • Terms Considered Cash, Conventional

4063 Herbertz Road

Lake Worth Beach, FL 33461

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KW Innovations. tel: 561 735-3000

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