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.
Listed By
Agency Name: HomeSmart
Agency Phone: (407) 476-0461
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimated Payment
$ 3,390.11 per month $1,993.89 Principal & Interest $1,134.92 Property Tax $261.30 Homeowner's Insurance
1613 Sherwood Avenue | MLS# RX-11138382
This single family home located at 1613 Sherwood Avenue, Mangonia Park, FL 33407 is currently listed for sale with an asking price of $895,900. This property was built in 1956 and has 8 bedrooms and 4 full and 2 partial baths with 3610 sq. ft. Sherwood Avenue is located in the BRYN MAWR subdivision. Search BRYN MAWR real estate on www.realtymark.net today.