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732 SW Gardens Boulevard

Palm City, FL 34990
  • $850,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: RX-11058056
$850,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,348
    SQFT
  • $254
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1982
County:
Area:

School Ratings & Info

Description

Investment Opportunity with a lot of potential in growing Palm City - this 4 Plex on a quiet cul-de-sac features Four (2) bedroom, (1) bath apartments with approx 837 a/c sf per unit. Each unit includes 2 parking spaces, ceiling fans, newer appliances, and use of on-site laundry facility. Two units are MTM, one lease end Feb 2025, the other Sept 2025. Solid paying tenants. In need of minor facelift - Major room to improve the current rent roll. Convenient to I-95 & Turnpike. Do not disturb tenants. Call Listing Agents.

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www.kaufman-propertiesfl.com/homes/159950591
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732 SW Gardens Boulevard Palm City, FL 34990

  • Price: $850,000
  • Status: Active
  • On Site: 8 Days
  • ID#: RX-11058056
0
Beds
0
Baths
0
½ Baths
0.35
Acres
3,348
SQFT
$254
$/SQFT
1982
Built
Neighborhood:
Palm City Gardens
County:
Martin
Area:
Palm City
Property Description
Investment Opportunity with a lot of potential in growing Palm City - this 4 Plex on a quiet cul-de-sac features Four (2) bedroom, (1) bath apartments with approx 837 a/c sf per unit. Each unit includes 2 parking spaces, ceiling fans, newer appliances, and use of on-site laundry facility. Two units are MTM, one lease end Feb 2025, the other Sept 2025. Solid paying tenants. In need of minor facelift - Major room to improve the current rent roll. Convenient to I-95 & Turnpike. Do not disturb tenants. Call Listing Agents.
Exterior Features

Carport Spaces 0.00 Construction CBS Exterior Features Room for Pool Lot Description 1/4 to 1/2 Acre Private Pool YN No Roof Comp Shingle Storm Protection Panel Shutters Complete Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Unit4 Parking Space Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Flooring Other Heating No Heat Unit1 Bedrooms 2 Unit1 Desc A/C UnitRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 837 Unit2 Bedrooms 2 Unit2 Desc A/C UnitRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 837 Unit3 Bedrooms 2 Unit3 Desc A/C UnitRange - ElectricRefrigerator Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 837 Unit4 Desc A/C UnitRange - ElectricRefrigerator Unit4 Full Baths 1 Unit4 Furnished No Unit4 Sq Ft 837

Property Features

Annual Net Operating Income 43000.00 Annual Total Expenses 15000.00 Auction No Available Info None Built Desc Resale Gated Community No Gross Operating Income 58800.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 3348.00 Subdivision Amenities None Tax Amount 8956.42 Tax Year 2024 Taxes County Only Tenant Pays CableElectric Terms Considered CashConventional Unit1 Monthly Income 1500.00 Unit2 Monthly Income 1600.00 Unit3 Monthly Income 1000.00 Unit4 Monthly Income 800.00 Utilities ElectricSepticWell Water Zoning Quadriplex

Listing provided courtesy of Illustrated Properties/Hobe So: 772-215-2345. Listing information © 2025 BeachesMLS
 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432