Price Reduction
Address
3771 Coconut Road Palm Springs, FL
Price
$ 449,999
Property Attributes
  • MLS#RX-10627431
  • TypeMulti-Family
  • CountyPALM BEACH
  • CityPalm Springs
  • Area5690
  • NeighborhoodLakewood Gardens Pl 1 In
  • Zip33461
  • StyleDuplex
  • Year Built1958
  • Taxes8019
  • Price$ 449,999
  • Bedrooms9
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage3279
  • Lot Size0.49 Acres
Listing Provided Courtesy Of:
Affluent Realty of Florida Corporation
Property Description

Fantastic investment opportunity or owner-occupant opportunity! 2 separate renovated Single Family Homes on 1/2 acre of land! 1 home was completely gutted, remodeled inside & out! No HOA, no restrictions on commercial vehicles, pets, etc. All new; Impact windows, A/C, fixtures, high hat lighting throughout, all new baths, flooring, fresh paint, granite counters w/ stainless steel appliances. 2nd unit was updated Paint, flooring, bath, fixtures. New Roofs on both! Homes are currently a 4/2 and 5/2. All units currently rented. Medium Density is 10 units per acre in the city of Palm Springs. Buyer has an amazing opportunity to add units to this property. A great addition to any investors portfolio at a phenomenal 6.5% CAP RATE ag current list price!

Price History
6/2/2020 Listed $459,000
11/20/2020 2% - $449,999

General Features

Adult 55+ No Hopa
Area 5690
Auction No
Construction CBS
Cooling Central, Wall-Win A/C
Exterior Features Fence
Flooring Laminate, Tile
Geo Area PB19
Geo Lat 26.62126
Geo Lon -80.099645
HOA None
HOA/POA/COA (Monthly) 0.00
Heating Central, Window/Wall
Legal Description LAKEWOOD GARDENS PLAT 1 W 75 FT OF S 60 FT OF N 130.75 FT & E 90 FT OF S 65 FT OF N 130.75 FT OF TR 11 & S 65 FT
Maintenance Fee Incl Sewer, Water
Possession At Closing
Property Type B
REO No
Restrict None
Roof Comp Shingle
Short Sale No
Source Of Expenses Owner
Status Active
Stories 1.0
Subdivision LAKEWOOD GARDENS PL 1 IN
Tax Year 2019
Taxes 8019.92
Tenant Pays Cable, Electric, Water
Terms Considered Cash, Conventional, Exchange
Type Duplex
Utilities Public Sewer
Virtual Tour https://www.propertypanorama.com/3771-Coconut-Road-Palm-Springs-FL-33461/unbranded
Year Built 1958
Zoning RM

Interior Features

SqFt - Living 3279.00
Total # Of Units 2
Unit 1 Desc Kitchen
Unit 2 Desc Kitchen
Unit 3 Desc Kitchen

Exterior Features

Carport Spaces 1.00
Lot Description 1/4 to 1/2 Acre
Lot Dimensions 20.0 ft x 0.0 ft
Private Pool Y/N No
Subdiv Amenities None
Unit 1 Parking Open Parking
Unit 2 Parking Open Parking
Unit 3 Parking Open Parking
Waterfront None

Amenities

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

Property vs Zip Code Average in 33461

Price
AVG $450K
$450K
Taxes
AVG $5,963
$8,019
Visits
AVG 55
91
Year Built
AVG 1963
1958
Walkscore
AVG 33
45
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover