Overview
Closing Costs Calculator- Status: Closed
- Parking No info
- Size: No info
- Price Per: $168.00 ft2/No info m2
- Type: Commercial/Investment
- Built: 1985
- HOA: No info
- MLS Number: RX-10927120
- View No info
- On Site: 409 days
- Updated: 300 Days Ago
- Page Views: 6
Rare investment opportunity in Old Palm City historic district. This 48-unit multi-family property consisting of 36 one-bedroom and 12 two-bedroom units has been meticulously cared for and updated. With renovations completed from 2021-2023, this property boasts new standing seam metal roofs on all buildings, impact windows and doors throughout, and state-of-the-art water conditioning systems for three of the five buildings. Over 50% of the units have been recently updated with new tile floors and wood cabinets. Within walking distance from the St. Lucie River, Palm City Apartments is close to schools, the Cleveland Clinic, Interstate 95, and the Florida Turnpike. Its apartments have maintained 100% occupancy for the past five years and continue to be in high demand. This turnkey, low-mai
Contact AdvisorPrice History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
01/26/2024 | Sold | $7,000,000.00 | $167.75 ft2/$1,805.59 m2 | |
10/12/2023 | Listed | $7,000,000.00 | $167.75 ft2/$1,805.59 m2 |
Features
Property Details for 604 SW 35th, Palm City, FL 34990
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Central Individual
- Cooling Description: No info
- Building and Construction
- Floor Description: Carpet, Tile
- Windows/Treatment: No info
- Construction Type: Concrete
- Year Built: 1985
- Waterfront and Water Access
- Waterfront Property: Yes
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Commercial/Investment
- Property Subtype: MultiFamily (5+ Units)
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 10/12/2023
- Closing Date: 01/26/2024
- Area: 9 - Palm City
- Brokered By: The Keyes Company - Jensen Bea
- Legal Description: PALM CITY LOTS 6 7 8 9 & 10 BLK 30
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $11,314.00 (2023)
- Type of building: Resident. Multi-fam.
- Occupancy Information: No info
- Occupancy Percentage: No info
- Property Type Description: Multi- Family
- Parking Description: No info
- Parking Spaces: No info
- Number of Units: 48
- Number of Floors: No info
- Number of Stories: 2
- Zoning Information: R S-4
- Total Acreage: 3.62
- Acreage Description: No info