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Buy a multi-family propertyat 246 Greenwood Drive, West Palm Beach, FL 33405

$1,949,000

$1,999,000 (-2.5%)

$0/mo

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Multifamily

3,023 Sq. Ft.

3,308 Sq. Ft. lot

353 Days on market

RX-10889290 MLS ID

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About 246 Greenwood Drive multi-family property

LOCATION! This residential income or single family compound is located one block from the intracoastal waterway, on an 11,741sqft OVERSIZED lot, in the highly sought after Southland Park section of the Palm Beach Public school district. Recently coined 'Wall Street South', this area of West Palm Beach is quickly becoming home to those who seek beautiful beaches, a tax-friendly environment and lucky few who want to capitalize on the initial growth stage initiated by residential developments: the Bristol, La Clara and Forte and commercial development by Ross, Himmel and Greene. Just three miles to Palm Beach Airport, two miles from downtown West Palm and one mile to Palm Beach Island make this a PRIME LOCATION to invest, renovate or build your (Wall Street) South Florida dream home.
LOCATION! This residential income or single family compound is located one block from the intracoastal waterway, on an 11,741sqft OVERSIZED lot, in the highly sought after Southland Park section of the Palm Beach Public school district. Recently coined 'Wall Street South', this area of West Palm Beach is quickly becoming home to those who seek beautiful beaches, a tax-friendly environment and lucky few who want to capitalize on the initial growth stage initiated by residential developments: the Bristol, La Clara and Forte and commercial development by Ross, Himmel and Greene. Just three miles to Palm Beach Airport, two miles from downtown West Palm and one mile to Palm Beach Island make this a PRIME LOCATION to invest, renovate or build your (Wall Street) South Florida dream home.

Property details

Listing

Source: Palm Beach

Listing date: 2023-05-12

REO: No

Short sale?: No

$645 per square foot

Bathrooms

Unit 1 has 2 full bathrooms

Unit 2 has 1 full bathroom

Unit 3 has 1 full bathroom

Bedrooms

Unit 1 has 3 bedrooms

Unit 2 has 1 bedroom

Unit 3 has 1 bedroom

House

3,023 total living square feet

3,308 total square feet

Built in 1960

1 story

3 units in building

Year built description: Resale

Square footage source: Tax Rolls

Unit 1 is 1,873 square feet

Unit 2 is 575 square feet

Unit 3 is 575 square feet

CBS

Stucco

Kitchen

Kitchen

Kitchen

Cooling

Central

Electric

Wall-Win A/C

Exterior Features

Awnings

Fence

Floors

Tile

Heating

Electric

Window/Wall

Home Owner's Association

HOA fee per month: $0

Interior Features

Unit 1 furnished?: No

Unit 2 furnished?: No

Location

County: Palm Beach

Subdivision: SOUTHLAND PARK

Lot

Lot dimensions: 117.0 ft x 102.0 ft

11,718 lot square feet

1/4 to 1/2 Acre

Corner Lot

East of US-1

Public Road

Sidewalks

Miscellaneous

Business type: None

Unit 1 monthly income: $0

Unit 2 monthly income: $0

Unit 3 monthly income: $0

Gross operating income: $0

Annual total expense: $0

Annual net operating income: $0

Cable

Electric

Water

Cash

Conventional

FHA

FHA203K

VA

Parking

Open Parking

Space Parking

Open Parking

Space Parking

Open Parking

Space Parking

Property

Property type: B

Zoning: SF14(c

Waterfront: No

None

Roof

Comp Shingle

Schools

Middle school: Conniston Middle School

High school: Forest Hill Community High School

Elementary school: South Olive Elementary School

Taxes

Real estate taxes: $20,192

Tax year: 2022

No Homestead

Utilities

1.00 meter

Cable

Electric

Public Sewer

Public Water

Windows and Doors

Awning

Monthly cost

Estimated monthly cost

$12,631/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Nov 1, 2022

Price

$1,275,000

Date

Dec 7, 2012

Price

$220,000

DatePrice
Nov 1, 2022$1,275,000
Dec 7, 2012$220,000

Schools

This home is within the Palm Beach.

Palm Beach & Belle Glade & West Palm Beach & Boynton Beach & Delray Beach & Riviera Beach & Canal Point & Pahokee & Lake Worth Beach enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,832,060

+$58,470

$1,890,530

Seller agent commission$58,470 (3%)*

$0 (0%)

Buyer agent commission$58,470 (3%)*

$58,470 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $58,470 more selling your home
with an Unreal Estate agent

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Counties

Unreal Estate checked: Aug 8, 2023 at 4:44 p.m.

Data updated: May 26, 2023 at 12:02 p.m.

Courtesy of Compass Florida LLC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Listing Information © 2024 BeachesMLS, Inc. All Rights Reserved.

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