Tuesday, December 19, 2023

217 8th St, Lake Park, FL 33403 (Cypress Dr Corner)

Only $769,900

(Not on the MLS) 

4 Units

or

Best Priced 4-Plex Priced Per Door In The Zipcode!

Great Income Potential!!!

Land Use: MULTI-FAMILY LESS THAN 10 (08)
Zoning: R2 (city)/SINGLE FAMILY RESIDENTIAL DISTRICT
Lot Size: 0.3329 acres / 14,501 sf

Living: 3,696 SQFT

Built: 1962

2022 taxes: $14,177.90

Insurance: $9,500 (Covers everything but flood) Annually

4 plex next door (207 8th St, Lake Park, FL 33403 (Bayberry Dr. corner) is for sale as well

~ Cash Cow Possibility  ~

Located in "KELSEY CITY Subdivision

Unit #217: 3bed/1bath
Rented out for $1,350 - Month to Month

Units #219: 3bed/1bath
Rented out for $1,405 - 1-yr lease (Section8)

Units #750: 2bed/1bath
Rented out for $1,000 - Month to Month

Unit #752: 2bed/1bath
Rented out for $1,000 - Month to Month 

Local rents for 3/1 can go up to $2,400

Local rents for 2/1 can go up to $2,250

Minutes to Downtown and Beaches. The property is approximately 5 to the redevelopment in Downtown WPB. Phase 1 of NORA is to be completed in 2024. A great addition to any investor's portfolio.


Tenant Occupied, Please call for Showing and do not Disturb tenants.

📞Call JC @ 954-477-1466 for showing📞







UNIT 217












UNIT 750
















UNIT 752