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 33406,3063 Floweva ST A
Palm Springs, FL 33406,3063 Floweva ST A
Palm Springs, FL 33406,3063 Floweva ST A
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Listed by The Keyes Company
$ 1,300,000
Est. payment | /mo

6 Baths

3,940 SqFt


$ 1,300,000
Est. payment | /mo

6 Baths

3,940 SqFt

Key Details

Property Type Commercial

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

Virtual Tour https://www.propertypanorama.com/3063-Floweva-Street-A-Palm-Springs-FL-33406/unbranded

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Meadow Park Elementary School

    Public | KG - 5

  • 7

    Academy for Positive Learning

    Public | KG - 8

  • 6

    Heritage Elementary School

    Public | KG - 5

  • 6

    North Grade Elementary School

    Public | KG - 5

  • 6

    Greenacres Elementary School

    Public | PK - 5

  • 6

    Forest Hill Elementary School

    Public | PK - 5

  • 6

    South Olive Elementary School

    Public | KG - 5

  • 5

    Jfk Medical Center Charter School

    Public | KG - 5

  • 5

    John I. Leonard High School

    Public | PK - 12

  • 5

    C. O. Taylor-Kirklane Elementary School

    Public | KG - 5

  • 5

    Berkshire Elementary School

    Public | PK - 5

  • 5

    Melaleuca Elementary School

    Public | KG - 5

  • 4

    Highland Elementary School

    Public | PK - 5

  • 4

    Belvedere Elementary School

    Public | KG - 5

  • 3

    Palm Springs Elementary School

    Public | KG - 5

  • 3

    Palm Beach Maritime Academy

    Public | KG - 9

  • 3

    Palmetto Elementary School

    Public | KG - 5

  • 2

    South Grade Elementary School

    Public | PK - 5

  • 0

    Potentia Academy

    Private | 5 - 12

  • 0

    Hope Learning Community of Riviera Beach

    Public | KG - 5

Middle Schools 8
  • 5

    L C Swain Middle School

    Public | 6 - 8

  • 4

    Palm Springs Middle School

    Public | 6 - 8

  • 4

    Conniston Middle School

    Public | 6 - 8

  • 1

    Lake Worth Middle School

    Public | 6 - 8

  • 0

    Exceptional Student Program Pre-K

    Public | 6 - 12

  • 0

    Pace Center for Girls

    Public | 6 - 12

  • 0

    Educational Services Program-East

    Public | 6 - 12

  • 0

    Coates Learning Center

    Private | 8 - 12

High Schools 6
  • 6

    G-Star School of the Arts

    Public | 9 - 12

  • 4

    Forest Hill Community High School

    Public | 9 - 12

  • 2

    Lake Worth High School

    Public | 9 - 12

  • 0

    Dibacco School

    Private | 9 - 12

  • 0

    Mavericks High School at Palm Springs

    Public | 9 - 12

  • 0

    Matlock Academy

    Private | 9 - 12

School and business data provided by Attom Data.
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3063 Floweva ST A