2737 EMORY DR W #D, West Palm Beach, FL 33415
2737 EMORY DR W #D, West Palm Beach, FL 33415
2737 EMORY DR W #D, West Palm Beach, FL 33415
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David Block PA

David Block PA

+1(954) 552-4035
$550,000
Est. payment /mo
3,296 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,296 sqft

Price per Sqft $166

Subdivision Cresthaven / Pine Ridge / Kings Point

MLS Listing ID B26092561

HOA Fees $21,989/ann

HOA Y/N Yes

Total Fin. Sqft 3296

Year Built 1981

Annual Tax Amount $8,146

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

7.7% Cap Rate, $42,765 NOI. Acquire a self-managed, fully leased 4-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (1) 2bed/1.5bath,(1) 2bed/1bath, (2)1bed/1.5bath units all located in well maintained Palm Beach County 55+ communities with well-established pet-free tenants. The communities are villas or 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $12,150 transfer. This structure consolidates 4 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only All units are located close together and have screened porches, additional storage, and either in-unit laundry or a free-standing laundry room within 50ft. 15 Valencia A, Delray Beach, FL 33446 3561 Long Pine Ct, Unit A2, Greenacres, FL 33463 5831 Whispering Pine Way, Unit A1, Greenacres, FL 33463 2737 Emory Dr E, Unit D, West Palm Beach, FL 33415 A membership-interest transfer may have different property tax implications than a deed transfer*

Location

State FL

County Palm Beach

Area 5720

Zoning RM

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Engineered Hardwood, Tile

Fireplace No

Exterior

Exterior Feature Storage

Pool Association

Utilities Available Cable Connected, Sewer Connected, Water Connected

Amenities Available Pool

Water Access Desc Multiple Meters,Public

Roof Type Composition

Accessibility None

Total Parking Spaces 4

Private Pool No

Building

Story 1

Sewer Public Sewer

Water Multiple Meters, Public

Structure Type CBS (Concrete Block Structure),Block

Schools

Elementary Schools Forest Hill

Middle Schools Okeeheelee

High Schools Dr. Joaquin Garcia

Others

HOA Fee Include Insurance

Senior Community Yes

Restrictions OK To Lease,See Remarks

Tax ID 00424414430050040

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Pets Allowed No

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BeachesMLS, Inc. (FLR) IDX
Listed by Elizabeth A Lewis Real - ativity

NEARBY SCHOOL & BUSINESS

David Block PA
David Block PA

Agent License ID: SL3467871

+1(954) 552-4035 | d.blockrealtor@gmail.com

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