3475 S Ocean Blvd - Apartments CONDO FOR SALE


Palm Beach, FL 33480
$490,000 USD
908-696-2351
3475 S Ocean Blvd, Palm Beach, FL for Sale
$490,000 USD
Apartments CONDO - FOR SALE
1/21
null | 4.6% Cap Rate

3475 S Ocean Blvd
Palm Beach, FL 33480


OVERVIEW

Affordable and priced to sell investment property with a long-time renter (4.6% cap rate) on the beach residence in Palm Beach. Reserves are paid for 2026, that is like another price reduction of $20,000! HOA is an affordable $ 1,309 per month. This is a fantastic opportunity to own an affordable investment property in Palm Beach. The Property is being offered directly to investors, and the Owner does not intend to list the Property with, or sell the Property through, a real estate broker or intermediary. Any party choosing to engage a broker shall be solely responsible for any commission or fees owed to such broker.

FOR SALE DETAILS

PRICE

$490,000 USD

PRICE/SF

$351 USD /SF

CAP RATE

4.6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Bonne Vie

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

216,418 SF

STORIES

9

BUILDING CLASS

B

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.65 AC

LAND SF

159,023 SF

ZONING

-

APN/PARCEL ID

50-43-44-35-02-000-1010,50-43-44-35-02-000-2140,50-43-44-35-02-000-3020,50-43-44-35-02-000-3090,50-43-44-35-02-000-3130,50-43-44-35-02-000-3150,50-43-44-35-02-000-4010,50-43-44-35-02-000-4080,50-43-44-35-02-000-4090,50-43-44-35-02-000-5100,50-43-44-35-02-000-5120,50-43-44-35-02-000-5140,50-43-44-35-02-000-5160,50-43-44-35-02-000-6110,50-43-44-35-02-000-6140,50-43-44-35-02-000-6160,50-43-44-35-02-000-8020

ASK ABOUT THIS PROPERTY

Lucille PlumsteadCurbo, LLCMore Info
908-696-2351

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Lucille PlumsteadCurbo, LLCMore Info
908-696-2351

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.