Address: 1613 Sherwood Avenue, Mangonia Park, FL 33407
Description
Discover a rare investment opportunity in West Palm Beach! This spacious 8 bedroom, 4.5 bath property offers over 3,600 sqft of living space on a large 12,037 sqft lot with parking for 12+ vehicles. Flex Suites with multiple private entrances, this home is ideal for owner occupants seeking rental income or investors expanding their portfolio.
The property currently generates approx. $8,000/month through a mix of short term, and long term tenants, providing strong cash flow and future upside. Recent updates include remodeled kitchens and baths (2020), a newer roof (2022), and newer A/C units. The flexible layout allows multiple configurations to rent the house for co living strategy to maximize profits (Convert to 13 BR home). One of the cheapest house per sqft in West Palm.
Discover a rare investment opportunity in West Palm Beach! This spacious 8 bedroom, 4.5 bath property offers over 3,600 sqft of living space on a large 12,037 sqft lot with parking for 12+ vehicles. Flex Suites with multiple private entrances, this home is ideal for owner occupants seeking rental income or investors expanding their portfolio.
The property currently generates approx. $8,000/month through a mix of short term, and long term tenants, providing strong cash flow and future upside. Recent updates include remodeled kitchens and baths (2020), a newer roof (2022), and newer A/C units. The flexible layout allows multiple configurations to rent the house for co living strategy to maximize profits (Convert to 13 BR home). One of the cheapest house per sqft in West Palm.
Features
Building and Construction
Fencing: Fenced
Flooring: Ceramic Tile, Vinyl
Other Structures: Shed(s)
Roof: Composition, Shingle
Garage and Parking
Parking Features: Attached Carport, Guest, RV Access/Parking, Space Rented
Eco-Communities
Water Source: Public
Utilities
Cooling: Central Air, Electric
Electric: Three Phase
Heating: Central, Electric
Pets Allowed: No Restrictions, Yes
Sewer: Public Sewer
Utilities: Cable Available, Sewer Available, Water Available
Amenities
Association Amenities: None
Finance and Tax Information
Tax Year: 2024
Other Features
Appliances: Water Softener Owned, Electric Water Heater, Cooktop, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Water Softener
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