512 49th St
West Palm Beach, FL 33407

Property

Ownership: Single Family
Type: single-family
Bedrooms: 3 BR
Bathrooms: 2
Area: 1036 sq ft
Lot Size: 5250 sq ft

Financials

Price: $328,000
Annual Taxes: $5,483

Description

Charming single family home with studio apartment, perfect for an end user or investor! Rehab opportunity to make this home your own or curate to produce rental income! This 728 SF 2 bedroom 1 bathroom cottage in the popular Northwood neighborhood is accompanied by a back 308 SF studio cottage and huge yard with room for a pool! Central A/C in the home, fenced yard, and long driveway for off street parking. The home is currently gutted and comes with impact windows and travertine pavers. Seller has made great progress in the permitting process. All approved permits that the Seller has at the time of closing will convey saving you 8+ months of effort. Close and begin work immediately. Located within a qualified opportunity zone that is experiencing significant development. Talk to your lender about opportunity zone and 203k FHA loan possibilities. Located 3 miles from Downtown West Palm Beach and 3.5 miles from public beach access. Located 2 blocks off the intracoastal water way home to Safe Harbor Rybovich Yacht Marina, Palm Beach Sailing Club, Osprey Park and several luxury condominiums. The Northwood district is listed on the National Register of Historic Places and is recognized as one of the city's oldest and most well-preserved neighborhoods.

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Fixer Upper 2/1 SFH with Studio Apartment in Northwood


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.