56 W 12th St - Apartments FOR SALE


West Palm Beach, FL 33404
$1,600,000 USD
305-509-8336
56 W 12th St, West Palm Beach, FL for Sale
$1,600,000 USD
Apartments - FOR SALE
1/3
null | 5.7% Cap Rate

56 W 12th St
West Palm Beach, FL 33404


HIGHLIGHTS

  • High Growth Location Within Walking Distance to the New Marina Village Master Plan
  • Near a 1.23 Million Square Feet Development with 508 Condominiums on 4.27 Acres
  • Near the Related Group 149 Residences at Marina Village within an 8 Stories Building
  • Within Walking Distance to Award Winning Beaches, Cruise Terminal, and Peanut Island

OVERVIEW

Prime opportunity to invest in the booming Marina Village District as the vibrant hub for visiting tourists and residents accessing the Cruise Terminals, Peanut Island, Award Winning Beaches, and Watersport Activities.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

4

PRICE/UNIT

$400,000

CAP RATE

5.7%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marina Village Quadplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,498 SF

ZONING

DG

APN/PARCEL ID

56-43-42-33-06-013-0120

ASK ABOUT THIS PROPERTY

Wendy PierreBAWONS PropertiesMore Info
305-509-8336

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

Wendy PierreBAWONS PropertiesMore Info
305-509-8336

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