Price Reduction
3771 Coconut Road Palm Springs, FL
$ 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
Restrict None
Roof Comp Shingle
Short Sale No
Source Of Expenses Owner
Status Active
Stories 1.0
Tax Year 2019
Taxes 8019.92
Tenant Pays Cable, Electric, Water
Terms Considered Cash, Conventional, Exchange
Type Duplex
Utilities Public Sewer
Virtual Tour
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


  • 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

AVG $450K
AVG $5,963
AVG 55
Year Built
AVG 1963
AVG 33
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