225 Marguerita Drive

Listing Snapshot

Price

$455,000

Days on Site

19 Days

Bedrooms

0

Total Baths

2

Living Area

1,412 sqft

Total Sq Ft

1,618 sqft

Year Built

1955

Property Type

Multi-Family

MLS #

R11103909

Property Tax

$4,559 (2024)

Subdivision

SOUTHERN BLVD PINES

County

Palm Beach

Status

Sold

About This Property

INCOME-PRODUCING DUPLEX IN PRIME WEST PALM BEACH LOCATION! Don't miss this fantastic investment opportunity in the heart of West Palm Beach! This fully rented 3-bed, 2-bath duplex sits on over 1/3 acre in the desirable Royal Palm Estates neighborhood. The property includes a 2/1 unit and a 1/1 unit, each with separate addresses and individual utility meters, offering true independence and convenience for tenants. Zoned high-density multifamily and located in a non-flood zone, this property offers strong long-term potential and immediate cash flow from day one. A solid addition to any investors portfolio!

General Features

Property Type

Multi-Family

Status

Sold

Year Built

1955

Property Condition

Resale

Levels

One

Living Sq Ft

1,412

Total Sq Ft

1,618

Sewer

Septic Tank

Water Source

Multiple Meters / Public

Zoning

RM—MULTI-FAMILY

Interior Features

Cooling

Central Air

Heating

Central

Flooring

Tile

Exterior Features

Construction

Block / Stucco

Roof

Composition

Exterior Features

Outdoor Living Area

Patio & Porch

Porch

Lot Features

Corner Lot / Fruit Trees / Quarter To Half Acre Lot

Waterfront Features

None

Community & HOA

Association Amenities

Park

Utilities

Cable Available / Water Available

Financing Terms

Cash / Conventional / FHA / Va Loan

Restrictions

No Restrictions

MLS Area

5500