$717,000
824 Bayberry Drive, 1,2 & 3 : Triplex
Lake Park, FL 33403
MLS# RX-10935042
2256 sqft


824 Bayberry Drive, 1,2 & 3 : Triplex, Lake Park, FL 33403
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Property Description
INCOME PRODUCING TRIPLEX WITH POOL: 2/1: $1,980 Lease ends July 2024 (wants to renew) 1/1: $1,350 Lease ends Feb 2025 2/1 With POOL: $2,290 Lease ends March 2025. TOTAL MONTHLY INCOME: $5,620 GROSS ANNUALLY: $67,440 Long term tenants, looking to stay and renew leases. SEPARATE ELECTRIC METERS - Tenants pay Electric All tenants have individual fenced-in backyard. *POOL IS PRIVATE FOR ONLY UNIT #3 POOL WAS REMODELED , RESURFACED AND TILED (OCT. 2023) New Roof with permits (2021) Bayberry Rd Recently Repaved roads (Nov.2023) Survey of property is available

Details
Maps
Contract Information
Listing Date: 2023-11-10
Status: Active
Original List Price: 735000
Auction: No
List Price: $717,000
Current Price: $717,000
List Price/SqFt: 317.82
Comm/Non-Rep: 2.5%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Triplex
Structure Type: Triplex
Total # of Units: 3
Property Condition: Resale
Year Built: 1961
Number of Stories: 1
SqFt - Total: 2448
SqFt - Living: 2256
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Subdivision: KELSEY CITY
Lot SqFt: 10576
Waterfront: No
Private Pool: Yes
Spa: No
Pets on Premises: Yes
Separate Elec Meters: Yes
Separate Wtr Meters: No
Location, Tax & Legal
Area: 5270
Geo Area: PB26
Country: United States
County: Palm Beach
Parcel ID: 36434220010480080
Street #: 824
Street Name: Bayberry
Street Suffix: Drive
Unit #: 1,2 & 3 : Triplex
State/Province: FL
Zip Code: 33403
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
Multiple Ofrs Acptd: Yes
REO: No
HOPA: No Hopa
Legal Desc: KELSEY CITY LTS 8, 9 & 10 BLK 48
Zoning: R2(cit
Tax Year: 2023
Taxes: 9457.58
Special Assessment: No
Geo Lat: 26.793706
Geo Lon: -80.069478
Office/Member Info
DXORIGMLNO: RX-10935042
DXORIGMLSID: RML
Unit 1 Info
Bedrooms: 2
Full Bath: 1
Furnished: No
SqFt: 800
Monthly Income: 1980
Lease Ends: 2024-07-01
Unit 2 Info
Bedrooms: 1
Full Bath: 1
Furnished: No
SqFt: 700
Monthly Income: 1350
Unit 3 Info
Bedrooms: 2
Full Bath: 1
Furnished: No
SqFt: 750
Monthly Income: 2290
Income & Expenses
Gross Operating Inc: 67440
Annual Total Expense: 3300
Annual Net Oper Inc: 64140
Private Pool Description
Pool Size (W x L): 32x13
Storm Protection
Panel Shutters: Partial
Property Features
Source of Expenses: Books; Owner
Construction: Block; CBS; Concrete
Waterfront Details: None
View: Garden; Pool
Unit 1 Desc: A/C Unit; Dishwasher; Disposal; Dryer; Electric Meter; Kitchen; Laundry; Microwave; Pantry; Range - Electric; Refrigerator; Smoke Detector; Utility; W/D Hookup; Washer; Patio
Unit 1 Parking: Open Parking; Space Parking
Unit 2 Desc: A/C Unit; Dishwasher; Disposal; Electric Meter; Kitchen; Microwave; Range - Electric; Refrigerator; Patio
Unit 2 Parking: Open Parking; Space Parking
Unit 3 Desc: A/C Unit; Dishwasher; Disposal; Dryer; Electric Meter; Kitchen; Laundry; Microwave; Range - Electric; Refrigerator; Smoke Detector; Utility; W/D Hookup; Washer; Patio
Unit 3 Parking: Open Parking; Space Parking
Private Pool Description: Gunite; Inground
Lot Description: < 1/4 Acre; Interior Lot; Paved Road; Public Road; Sidewalks
Exterior Features: Deck; Fence; Open Patio; Open Porch
Subdiv. Amenities: Park; Street Lights
Maintenance Fee Incl: None
Tenant Pays: Electric
Restrict: None
Flooring: Ceramic Tile; Tile
Cooling: Central Individual; Electric; Wall-Win A/C
Heating: Central; Electric; Window/Wall
Roof: Comp Shingle
Terms Considered: Cash; Conventional
Utilities: Public Sewer; Public Water
Window Treatments: Blinds
Special Info: Sold As-Is; Survey
Taxes: City/County
Avail Info: Deposit Last Month; Deposit Security; Leases
Possession: At Closing; Funding
Showing Instructions: Text Listing Agent

Listing Office: United Realty Group Inc

Last Updated: April - 26 - 2024

824 Bayberry Drive, 1,2 & 3 : Triplex, Lake Park, FL 33403 - MLS# RX-10935042
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