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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1000 W Lakewood Rd , West Palm Beach, FL 33405
$1,495,000
Est. Payment: $3,322.22/mo
9 Bed
5 Bath
5026 Sqft
Status: Active | Days on site: 8
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FLL276620839 - FLL3467504
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Excellent opportunity to acquire Lakewood Flats, a 7-unit multifamily property located at 1000 W Lakewood Road in West Palm Beach. The property consists of 4 buildings totaling 5,026 gross square feet on a 0.31-acre lot. Built between 1926 and 1940, the property features wood-frame construction, pitched composite shingle roofs, and central air conditioning. The desirable unit mix consists of four 2-bedroom/1-bathroom units, one 2-bedroom/2-bathroom unit, and two 3-bedroom/1-bathroom units, providing larger floorplans that appeal to a broad tenant base. Conveniently located near Southern Boulevard, Dixie Highway, and I-95, with easy access to Downtown West Palm Beach, Palm Beach Island, Palm Beach International Airport, Palm Beach Atlantic University, and major employment centers. Lakewood Flats offers investors a boutique, low-density multifamily asset with a strong unit mix in the growing West Palm Beach rental market.
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Highlights

Listed by Camilo De la Cruz Perez , 833-700-2782 Home Sold Realty LLC , 833-700-2782.

Property Type

Multi-Family
Lot/Acreage
0.31

Year Built

1926

County

Palm Beach

Area

5430

 Neighborhood

Lakeview Ridge

Listing ID

B26071849

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:
Air Cond:Wall/Window Unit(s)
Fireplaces:
Water:Public

Exterior Features

Lot:<1 Acre,1/4 to 1/2 Acre Lot
Zoning:SF7 (city)
Roof:Composition,Shingle
Sewer:Not Connected (at lot),Public Sewer,Other
Principal Interest
$3,322
Taxes
$1,637

Home Price

$1,495,000

Loan Details

30 yrs
%

Down Payment

20%
$299,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,322.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,322.22 $1,636.67 $0.00 $4,958.89
Yearly $39,866.67 $19,640.00 $0.00 $59,506.67
Total $1,196,000.00 $589,200.00 $0.00 $1,785,200.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (West Palm Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.