Thursday, October 1, 2020

1021 14th St Apt 1, West Palm Beach, FL 33401

 Only $375,000
NOW $359,900
(Not on the MLS)



All 2/1's

2909 Sq ft


6,535 Sq Ft Lot

~ 2 Story Cash Cow ~

4 legal units with central A/C, 2 units recently 

3 of the units are rented and 1 is vacant

Unit #1 = Rented for $825 a month
Unit #2 = Rented for $825 a month 
Unit #3 = Rented for $750 a month 
Unit #4 = Vacant

All have $500 security deposits

Definitely space to raise rents as local comps on 2/1's are 
$1,000- $1,200 per month.

Has 4 separate electric meters

Tenants pay their own water and electric

New kitchens In 3 units, new bathroom in 1 unit, tile Flooring In all units.

Has existing liens and violations, including violations at 300k + 

 Buyer must assume them and mitigate with the city post closing.

Located in an opportunity zone East of I-95 and just a short drive 8 minute drive to the beaches.

Call Michelle at 954-477-1466 for more info.