3063 Floweva ST A, Palm Springs, FL 33406
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3063 Floweva ST A, Palm Springs, FL 33406
3063 Floweva ST A, Palm Springs, FL 33406
3063 Floweva ST A, Palm Springs, FL 33406
3063 Floweva ST A, Palm Springs, FL 33406
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Apollo Realty

Apollo Realty

+1(561) 765-6622
Listed by The Keyes Company
$ 1,300,000
Est. payment /mo
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Active

3063 Floweva ST A Palm Springs, FL 33406

6 Baths

3,940 SqFt

UPDATED:

Key Details

Property Type Other Types

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 3,940 sqft

Price per Sqft $329

Subdivision Bryant Park

MLS Listing ID RX-11093866

Construction Status Resale

Year Built 1956

Annual Tax Amount $12,367

Tax Year 2024

Lot Size 0.460 Acres

Property Sub-Type MultiFamily (5+ Units)

Property Description

Excellent opportunity to acquire a well-maintained 6-unit multifamily property in South Florida. The property consists of three separate buildings on one parcel: Front triplex with two 1 bed/1 bath units and one 3 bed/1 bath unit. Rear duplex with two 2 bed/1 bath units, and standalone 1 bed/1 bath cottage. Some units feature private fenced backyards, enhancing tenant appeal and retention. One of the 1 bed/1 bath units will be delivered vacant in June, allowing for immediate rental upside. Each unit has electric meter. Current gross rents $9,000/month or $108,000/year. Rents significantly below market, providing a strong value-add. Market rent estimates: 1 bed units $1,600-$1,750, 2 bed units $1,900-$2,000, and 3 bed units $2,400+. Pro forma gross income is approximately $133,200 annual

Location

State FL

County Palm Beach

Area 5490

Zoning RM(cit

Interior

Heating Central, Window/Wall

Cooling Central, Wall-Win A/C

Flooring Ceramic Tile

Fireplaces Type Smoke Alarm

Exterior

Garage Spaces 6.0

Utilities Available Public Sewer, Public Water, Separate Meter

Roof Type Tar/Gravel

Building

Story 100.00

Foundation CBS

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Apollo Realty
Apollo Realty

Broker License ID: BK3352932

+1(561) 765-6622 | info@apollorealty.ai

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3063 Floweva ST A