Bought with Echo Fine Properties
$629,000
$629,000
For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,497 SqFt
SOLD DATE : 11/07/2023
Key Details
Sold Price $629,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,497 sqft
Price per Sqft $420
Subdivision Ironwood
MLS Listing ID RX-10923546
Sold Date 11/07/23
Style Contemporary,Key West
Bedrooms 3
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1976
Annual Tax Amount $6,050
Tax Year 2022
Lot Size 10,080 Sqft
Property Description
Wow! Super cash cow! This lovely home generates $93,000 in documented AIRBNB gross rental income and a net operating income (NOI) of $63,000 after ALL expenses including management (amazing 11% cap rate in an area only blocks to the ocean). OR it could also be your new primary residence. This surfing themed home has new ceramic tile, full impact windows, white on white appliances, fire pit, huge backyard with plenty of room for your boat or RV trailer. Motivated seller. Also available, private, wholesale financing, below market, sad low as 6.27% with 20% down $2885 per month P&I. I also have a 0% down option or a no income verification option.
Location
State FL
County Palm Beach
Area 5100
Zoning R1(cit
Rooms
Other Rooms Family, Laundry-Garage
Master Bath Mstr Bdrm - Ground
Interior
Interior Features Pantry, Volume Ceiling
Heating Central
Cooling Central
Flooring Ceramic Tile, Tile
Furnishings Furniture Negotiable
Exterior
Exterior Feature Fence, Open Patio, Room for Pool, Shutters
Parking Features Covered, Driveway, Garage - Attached, RV/Boat
Garage Spaces 1.0
Community Features Sold As-Is
Utilities Available Electric, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
View Garden
Roof Type Comp Shingle
Present Use Sold As-Is
Exposure North
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.00
Foundation CBS, Concrete
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No Hopa
Restrictions Daily Rentals OK,Lease OK
Acceptable Financing Cash, Conventional, FHA, FHA203K, VA
Membership Fee Required No
Listing Terms Cash, Conventional, FHA, FHA203K, VA
Financing Cash,Conventional,FHA,FHA203K,VA
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Find out why customers are choosing LPT Realty to meet their real estate needs