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Angela Duncan

angelacduncan@gmail.com +1(813) 538-9890

$ 550,000

Est. payment | -/mo

3,296 SqFt

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$ 550,000

Est. payment | -/mo

Save Virtual Tour

3,296 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,296 sqft

Price per Sqft $166

MLS Listing ID B26092564

HOA Y/N No

Year Built 1973

Annual Tax Amount $8,146

Tax Year 2025

Property Sub-Type Business

Property Description

7.7% Cap Rate, $42,765 NOI. Acquire a self-managed, fully leased 4-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (1) 2bed/1.5bath,(1) 2bed/1bath, (2)1bed/1.5bath units all located in well maintained Palm Beach County 55+ communities with well-established pet-free tenants. The communities are villas or 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $12,150 transfer. This structure consolidates 4 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only All units are located close together and have screened porches, additional storage, and either in-unit laundry or a free-standing laundry room within 50ft. 15 Valencia A, Delray Beach, FL 33446 3561 Long Pine Ct, Unit A2, Greenacres, FL 33463 5831 Whispering Pine Way, Unit A1, Greenacres, FL 33463 2737 Emory Dr E, Unit D, West Palm Beach, FL 33415 A membership-interest transfer may have different property tax implications than a deed transfer*

Location

State FL

County Palm Beach

Area 4640

Zoning RM

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Assigned

Utilities Available Other

Water Access Desc Multiple Meters,Public

Roof Type Composition

Accessibility None

Total Parking Spaces 4

Building

Story 2

Sewer Public Sewer

Water Multiple Meters, Public

Structure Type CBS (Concrete Block Structure),Block

Others

Tax ID 00424622060010150

Security Features Other

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/15-Valencia-A-Delray-Beach-FL/unbranded

Listed by Elizabeth A Lewis Real - ativity

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(813) 538-9890

angelacduncan@gmail.com

1400 S International Pkwy #1020, Lake Mary, FL 32746, USA

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15 VALENCIA A Delray Beach, FL