FULLY RENOVATED, 5 UNITS, within 3 SEPARATE BUILDINGS just less than two blocks from the intercostal! All new inside and out. Interior has all new vinyl wood flooring, tile, modern kitchens and bathrooms in each unit. All units have... Read More
Investing in Palm Beach County.
The South Florida real estate market, specifically Palm Beach County, has become a thriving real estate center fueled by both local and international investors. Half of all purchases in Palm Beach County in 2013 were made by cash investors. This region has gained steady ground after the housing collapse in the mid 2000's. Last year alone, we closed deals for our foreign investors that came from countries such as Canada, China, and Venezuela.
If you are a local or international investor, we have the capability of finding you the right investment property. Upon request, we can send you a video walk-through of potential investments and the surrounding areas, along with a rental rate comparative market analysis of what homes have rented for in that area. Once you close on your investments, our team of contractors can assess your home and get it rent-ready within a few days. When the home is ready to be rented, we will market your property in order to find a qualified tenant. Once we find a qualified tenant, we will have them execute one of our attorney-prepared leases. After a tenant moves in, we will manage your property and begin sending you your monthly rental income.
Considering investing? Have you considered this...
If you are looking to invest in Palm Beach County multi-family housing or investment property there are many key items that you should consider when choosing a location.
Location, Location, Location- Sounds easy enough, but what does that mean and what area is a good location? Some criteria that we urge our investors to consider is the proximity of the investment property to schools and public transportation.
HOA's- Purchasing an investment property in a community that is governed by a Home Owners Association can be great for the long term value of the property. Additionally, HOA's provide a second level of protection against nuisance tenants since there is an additional round of screening due to the approval process administered by the board of the HOA. However, these positives are sometimes outweighed by the negatives due to the monthly dues eating away at your profits.
Market Rate- It's always best to find out what properties are renting for in the immediate area before you decide to purchase a property. A home on street A could rent substantially less or more than a home on street B simply because the homes are in different school zones, or different utility companies. We will prepare a rental rate comparative market analysis so that you can determine the correct rental rate.
HOA restrictions- Please be advised that some HOA's will restrict the number of times a home can be rented or the duration of a tenancy. Its important to read over the HOA restrictions prior to investing in Palm Beach County rental homes.
How does FIRPTA affect international investors?
One thing to consider if you are a foreign investor investing in Palm Beach County, or anywhere in the United States for that matter, is FIRPTA. The following is courtesy of the IRS and can be found on their website at:
http://www.irs.gov/Individuals/International-Taxpayers/FIRPTA-Withholding
"The disposition of a U.S. real property interest by a foreign person (the transferor) is subject to the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) income tax withholding. FIRPTA authorized the United States to tax foreign persons on dispositions of U.S. real property interests. A disposition means "disposition" for any purpose of the Internal Revenue Code. This includes but is not limited to a sale or exchange, liquidation, redemption, gift, transfers, etc. Persons purchasing U.S. real property interests (transferees) from foreign persons, certain purchasers' agents, and settlement officers are required to withhold 10 percent of the amount realized on the disposition (special rules for foreign corporations). In most cases, the transferee/buyer is the withholding agent. If you are the transferee/buyer you must find out if the transferor is a foreign person. If the transferor is a foreign person and you fail to withhold, you may be held liable for the tax. For cases in which a U.S. business entity such as a corporation or partnership disposes of a U.S. real property interest, the business entity itself is the withholding agent."
Please note that there are also certain exceptions to this withholding requirement and these exceptions can be found on their website as well.
West Palm Beach, FL 33407
13614 Yarmouth Court, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,995,000
LISTING PRICE
8,844
SQUARE FEET
This exceptional property offers versatile options for impressive rental income. Ideally located just minutes from Wellington's premier equestrian facilities, it is a dream investment for horse enthusiasts and property investors alike... Read More
2730 Hinda Road, West Palm Beach, FL 33403
N/A
UNITS
Quad Plex
SUB TYPE
$1,399,000
LISTING PRICE
2,688
SQUARE FEET
Calling all Investors! Perfect 1031 Exchange! Great Opportunity in Unincorporated Palm Beach County! Own, Live, and EARN Income in this Renovated Villa Style Quad Plex. NO HOA! 4 separate 2/1 houses on half acre lot. Each villa features... Read More
813 Avon Road, West Palm Beach, FL 33401
3
UNITS
Triplex
SUB TYPE
$1,250,000
LISTING PRICE
1,841
SQUARE FEET
Classic 1920s Spanish Mission on an oversized lot in the heart of Flamingo Park, with not just one but two guest cottages. This set up affords a new owner many options - rent some and live in one, rent all three, Airbnb together and/or... Read More
West Palm Beach, FL 33401
5
UNITS
Quad Plex
SUB TYPE
$1,200,000
LISTING PRICE
4,104
SQUARE FEET
Zoning: CPMF14C2--CP-MF
MLS#: RX-10987414
Subdivision: FRESHWATER ADD TO WPB AMD PL OF 11TH & 12TH AVE ADD.IN
The interior of this property was recently renovated to the nines. This is a package deal to include the quadplex + SFR + Vacant Lot next door at 812 14th St. This property is located in a prime location, in walking distance to the... Read More
1300 Lake Avenue, West Palm Beach, FL 33401
2
UNITS
Duplex
SUB TYPE
$1,199,000
LISTING PRICE
1,717
SQUARE FEET
Duplex on large corner lot on SE corner of Lake Ave. and Newark St. - non-contributing property in Grandview Heights Historic District. Can be torn down with simultaneous plans to build new. Impressive views of Howard Park and its... Read More
203 Lakeland Drive, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$1,190,000
LISTING PRICE
0
SQUARE FEET
Zoning: MF20-C1 - HIST
MLS#: RX-10940890
Subdivision: CENTRAL PARK 1 TH PT OF LT 27 LYG W OF W R/W LI OF WASHINGTON RD
12,432 sq ft BUILDABLE lot zoned Multi Family 20-C1 - HIST on the corner of Washington Road and Lakeland Drive. Historic home (needs complete rehab; photos Virtually Staged) can be used as a duplex, 2 units: a studio and 2 bed 1 bath... Read More
4300 Spruce Avenue, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$1,100,000
LISTING PRICE
1,833
SQUARE FEET
2 units (duplex) 4300/4302. Located in the highly desirable Northwood area of West Palm Beach that is experiencing significant development growth. Two side by side totally renovated and professionally decorated units each with its own... Read More
6312 Webster Avenue, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$995,000
LISTING PRICE
1,300
SQUARE FEET
2 units (duplex) 6312/6314 with 1 car garage.Located in the highly desirable SOSO area of West Palm Beach just 3 blocks to the famed Intracoastal Promenade.Two side by side totally renovated and professionally decorated units each with... Read More
904 4th Street, West Palm Beach, FL 33401
3
UNITS
Triplex
SUB TYPE
$975,000
LISTING PRICE
3,430
SQUARE FEET
Located in the heart of West Palm Beach within walking distance of downtown, this unique property features three detached buildings. The main house boasts 8 bedrooms and 3.5 bathrooms, complemented by a guest house with 1 bedroom and 1... Read More
4647 Marguerita Street, West Palm Beach, FL 33406
2
UNITS
Duplex
SUB TYPE
$850,000
LISTING PRICE
1,800
SQUARE FEET
Check out this excellent opportunity! Charming duplex on .68 acres in West Palm Beach, just minutes from downtown and Palm Beach International Airport. Both units offer 2 bedrooms & 1 bathrooms each. HVAC just replaced on both... Read More
821 9th Street, West Palm Beach, FL 33401
3
UNITS
Triplex
SUB TYPE
$820,000
LISTING PRICE
2,192
SQUARE FEET
Investor alert! Cash flow on day 1 on this fully rented tri-plex near downtown WPB, close to the tri-rail, shopping, entertainment & beaches! The tri-plex is a total of 6 bedrooms & 3 full bathrooms & is made up of a single family home... Read More
414 Ardmore Road, West Palm Beach, FL 33401
2
UNITS
Duplex
SUB TYPE
$750,000
LISTING PRICE
1,580
SQUARE FEET
🏡 Historic West Palm Beach Gem with Private Financing in Sunshine Park! 🏡This 1921 historic home offers timeless charm in the sought-after Sunshine Park neighborhood. The 3-bed, 2-bath main house features preserved... Read More
901 8th Street, West Palm Beach, FL 33401
4
UNITS
Quad Plex
SUB TYPE
$747,000
LISTING PRICE
1,520
SQUARE FEET
This well maintain 4 plex is exactly what you have been waiting for, completely renovated, new windows, new landscaping. Each units features 1 bed/1 bath with washer dryer hookups. Separate electric meters, one meter for water. Rents are... Read More
627 32nd Street, West Palm Beach, FL 33407
4
UNITS
Quad Plex
SUB TYPE
$725,000
LISTING PRICE
1,946
SQUARE FEET
Cash only, AS IS.Investors special fourplex in West Palm Beach. All four units are fully leased on flexible month-to-month terms, providing an excellent cash flow opportunity in the heart of the city. Located near downtown West Palm... Read More
311 Conniston Road, West Palm Beach, FL 33405
N/A
UNITS
Triplex
SUB TYPE
$700,000
LISTING PRICE
1,668
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
535 Pilgrim Road, West Palm Beach, FL 33405
N/A
UNITS
Triplex
SUB TYPE
$650,000
LISTING PRICE
1,818
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
504 El Prado, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$650,000
LISTING PRICE
2,129
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
624 32nd Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$645,000
LISTING PRICE
2,330
SQUARE FEET
Great investment opportunity in the Northwood/Marina district. The main house is a Spanish Mission style 3 bedroom, 2 bath home with many original features. The roofs are newer, new flooring throughout, updated kitchen and baths. The... Read More
702 Fernwood Drive, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$635,000
LISTING PRICE
1,509
SQUARE FEET
Rare opportunity to own a one-of-a-kind duplex in the heart of West Palm Beach! This phenomenal investment offers two spacious units, each featuring 3 bedrooms and 1 bathroom. Centrally located east of I-95, the property is just minutes... Read More
520 Pilgrim Road, West Palm Beach, FL 33405
N/A
UNITS
Triplex
SUB TYPE
$600,000
LISTING PRICE
1,664
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
1040 17th Street, West Palm Beach, FL 33407
N/A
UNITS
Duplex
SUB TYPE
$599,999
LISTING PRICE
1,922
SQUARE FEET
Multi-family close to the new NORA WPB redevelopment district. This 1926 Duplex has been updated with new plumbing featuring tankless water heaters, new electric, LED high hats, impact windows and a new roof in 2017. Both units have the... Read More
512 49th Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$599,000
LISTING PRICE
1,036
SQUARE FEET
Fully Renovated single family home located 2 blocks off the intracoastal in the historic neighborhood of Northwood Harbor that is experiencing significant development growth.Main house features 2 bedrooms, 1 bath, with central a/c and... Read More
645 32nd Street, West Palm Beach, FL 33407
N/A
UNITS
Triplex
SUB TYPE
$569,000
LISTING PRICE
1,554
SQUARE FEET
Investors opportunity is knocking at the door. This property features three fully leased units on flexible month-to-month terms, offering a fantastic cash flow opportunity. Located in the vibrant heart of West Palm Beach, it's just... Read More
509 57th Street, West Palm Beach, FL 33407
N/A
UNITS
Duplex
SUB TYPE
$549,000
LISTING PRICE
1,712
SQUARE FEET
Discover the incredible potential of this CBS duplex, perfectly situated in a prime location for your future tenants! Each unit boasts a full 1-car garage, making parking a breeze. The property features a brand new roof and newer central... Read More
422 Winters Street, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$545,000
LISTING PRICE
1,276
SQUARE FEET
Super Clean Duplex live in one side rent the other, or rent both. Nice area with shopping and restaurants Read More
528 Churchill Road, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$529,000
LISTING PRICE
1,644
SQUARE FEET
Outstanding investment opportunity in the thriving West Palm Beach area along Dixie Highway. This property features two units, each with 2 bedrooms and 1 bathroom, situated on a spacious and well-kept lot. Recent upgrades include a new... Read More
715 Selkirk Street, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$525,000
LISTING PRICE
1,707
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
1010 Adams Street, West Palm Beach, FL 33407
N/A
UNITS
Duplex
SUB TYPE
$524,999
LISTING PRICE
1,512
SQUARE FEET
This fully remodeled and updated duplex features brand-new roofing and air conditioning, ensuring comfort and reliability. With two stories, the property offers one unit upstairs and one unit downstairs, each boasting 2 bedrooms and 1... Read More
614 30th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$519,000
LISTING PRICE
1,603
SQUARE FEET
Investors dream triplex in West Palm Beach. All three units are currently leased on a month-to-month basis, presenting a lucrative cash flow opportunity in the heart of West Palm Beach. Situated in close proximity to downtown West Palm... Read More
525 Pilgrim Road, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$500,000
LISTING PRICE
1,829
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
515 Putnam Road, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$469,000
LISTING PRICE
1,407
SQUARE FEET
Fantastic duplex available in West Palm Beach. This is an ideal rental property or potential house hack opportunity. Tenants in place with annual leases. Excellent location minutes to the beach, I95, and shopping/dining. Read More
427 El Prado, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$450,000
LISTING PRICE
1,527
SQUARE FEET
CASH ONLY!!! 428 El Prado needs to be sold together with 427 El Prado. You've got a great opportunity here with this property! Whether you're thinking of renovating it as a duplex for rental income or turning it into a single-family home... Read More
428 El Prado, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$450,000
LISTING PRICE
1,704
SQUARE FEET
CASH ONLY!!! Must be sold together with 427 EL PRADO. You've got a great opportunity here with this property! Whether you're thinking of renovating it as a duplex for rental income or turning it into a single-family home for yourself... Read More
923 Alamanda Road, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$424,000
LISTING PRICE
1,045
SQUARE FEET
Great Duplex in the center of West Palm Beach. This duplex has Unit 1 with 1 bedroom and 1 bathroom, Unit 2 has 1 bedroom and 1 bath and it also has a studio. Great for an owner that wants to rent a unit for income, or a full investor... Read More