4764 Cole St - Apartments FOR SALE


West Palm Beach, FL 33417
$949,000 USD
305-509-8336
4764 Cole St, West Palm Beach, FL for Sale
$949,000 USD
Apartments - FOR SALE
1/9
null | 6.5% Cap Rate

4764 Cole St
West Palm Beach, FL 33417


HIGHLIGHTS

  • Tenant-Paid Utilities
  • 1971 CBS Construction
  • Two Duplexes on One Parcel
  • Private street just off N. Military Trl.
  • Located Within An Opportunity Zone
  • Transit-friendly: Palm Tran stop at Military Trl & Cole St.

OVERVIEW

4764 Cole St offers a strong quadplex investment opportunity in West Palm Beach. Built in 1971 of solid CBS construction, the property features two duplexes on one parcel with a mix of (3) 2BD/1BA and (1) 3BD/1BA units. Select units have been updated with modern finishes, and all have tenant-paid utilities, minimizing operating expenses. Situated on a quiet private street just off N. Military Trail, the property offers quick access to Okeechobee Blvd, Belvedere Rd, I-95, shopping, and major employment centers. A Palm Tran stop is located at Military Trail & Cole St, making it transit-friendly and attractive to tenants. The efficient quadplex layout simplifies management, supports stable occupancy, and provides excellent long-term cash flow and appreciation potential in a strong rental corridor.

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$248 USD /SF

# OF UNITS

4

PRICE/UNIT

$237,250

CAP RATE

6.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cole Street Quadplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,331 SF

ZONING

RH

APN/PARCEL ID

00-42-43-25-00-000-7590

ASK ABOUT THIS PROPERTY

Wendy PierreBAWONS PropertiesMore Info
305-509-8336

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Wendy PierreBAWONS PropertiesMore Info
305-509-8336

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