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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
34
Photos
702 50th Street, West Palm Beach, FL 33407
$525,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
3
baths
1,700
sqft
Built in
1926
Introducing a rare opportunity to own a Spanish-style detached triplex in the sought-after area of West Palm Beach. This investment gem offers a current cap rate of 8.61%, making it an attractive option for those looking to enhance their real estate portfolio.Property Highlights:-Three separate rental units present a steady income stream. Unit 1 will be empty by the end of Oct 2024. Unit 2 has a year lease until Sep 2025. Unit 3 has a 6 month lease, until end of March 2025.Monthly Income:Unit 1- $2,100 (expires 10/31/25)Unit 2- $1,450 (9/1/25)Unit 3- $900 (3/31/25)-Built on a 50 x 105 lot, this property showcases classic stucco exterior walls with a durable built-up roof, ensuring long-lasting quality and minimal maintenance.
Features & Amenities
Interior
- Appliances:
- None
- Flooring:
- Ceramic Tile,Wood
- A/C:
- true, Ceiling Fan(s),Electric,Wall/Window Unit(s)
- Heating:
- false, None
Exterior
- Pool:
- None
Construction
- General:
- Frame, 1
Location
- HOA Amenities:
- Other
- Originating MLS:
- FTL
- County:
- Palm Beach
Lot
- Zoning:
- NORTH PALM BEACH PLAT 4 LTS 25 & 26 BLK 57, 74434304080570250
Utilities
- Utilities:
- Sewer Available,Water Available
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- FTL
This listing courtesy of:
Keller Williams Realty/P B, Maria Termotto
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
About West Palm Beach, FL
Housing
- Number of Units
- 177,843
- Median Home Value
- $257,217
- Median Rent
- $1,190
42.76% of housing units are renter occupied.
11.55% are vacant.
Commute
- Car
-
76.86%
- Public Transportation
-
1.69%
- Walk to Work
-
1.06%
- Work from Home
-
19.10%
- Other
-
0.83%
The median travel time to work is 23 minutes.
People
- Population
- 393,545
- Median Age
- 39.90
- Median Household Size
- 2.70
Education
- High School
-
27.77%
- Associate’s Degree
-
9.90%
- Bachelor’s Degree
-
18.56%
- Graduate Degree
-
10.47%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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