Palm Beach Gardens, FL 33410,8719 N 40th TER
Palm Beach Gardens, FL 33410,8719 N 40th TER
Palm Beach Gardens, FL 33410,8719 N 40th TER
Listed by Re/Max Direct
Bought with Safebound Realty LLC
$545,000
Est. payment /mo
$550,000
0.9%
Est.Price: ?

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4 Beds
2 Baths
1,930 SqFt
SOLD DATE : 03/10/2025

Key Details

Sold Price $545,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,930 sqft

Price per Sqft $282

Subdivision Palm Beach Gardens

MLS Listing ID RX-11058894

Sold Date 03/10/25

Bedrooms 4

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1969

Annual Tax Amount $7,636

Tax Year 2024

Lot Size 0.436 Acres

Property Sub-Type Duplex

Property Description

Welcome to this completely remodeled duplex nestled on a spacious 0.44-acre lot in the heart of Palm Beach Gardens. This stunning property offers a fantastic opportunity for both investors and owner-occupants, featuring two fully renovated 2-bedroom, 1-bathroom units with modern upgrades throughout. Recently updated in 2022, the home boasts a new metal roof, a fully remodeled interior, and brand-new windows, ensuring durability and energy efficiency. One unit is currently rented at $2,200/month, well below the market rate of $2,400 per unit, presenting the potential for an impressive 8% return. The second unit is vacant, making it perfect for an owner looking to live in one unit while renting the other or for an investor seeking a high-performing rental property. As you arrive, you'll be

Location

State FL

County Palm Beach

Area 5270

Zoning RM(cit

Interior

Heating Central, Electric

Cooling Central, Electric

Flooring Tile

Exterior

Exterior Feature Fence, Open Porch, Room for Pool, Shed, Well Sprinkler

Utilities Available Cable, Electric, Public Water, Septic

Amenities Available None

Waterfront Description None

View Other

Roof Type Metal

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre, Paved Road, Public Road, West of US-1

Story 1.0

Foundation Block, CBS, Concrete

Construction Status Resale

Schools

Elementary Schools Grove Park Elementary School

Middle Schools John F. Kennedy Middle School

High Schools Palm Beach Gardens High School

Others

HOA Fee Include None

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

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agent

Joshua Rosenberg

+1(954) 483-8155

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