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Headshot for Associate Krista Plagge
  1. Krista Plagge, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 813.285.1702
  4. krista@homeguidetampa.com
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  4. 3063 Floweva Street A, Palm Springs, FL 33406
3063 Floweva Street A, Palm Springs, FL 33406
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3063 Floweva Street A
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  • MLS#: RX-11115439 ( Quad Plex )
  • Street Address: 3063 Floweva Street A
  • Viewed: 17
  • Price: $1,300,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1956
  • Bldg sqft: 0
  • Days On Market: 64
  • Additional Information
  • Geolocation: 26.6486 / -80.0892
  • County: PALM BEACH
  • City: Palm Springs
  • Zipcode: 33406
  • Subdivision: Bryant Park
  • Provided by: The Keyes Company
  • Contact: Michael J Johnston
  • (561) 220-0550
  • DMCA Notice
  • Description
    ****6 unit multifamily property in South Florida.**** CITY WATER** NO SEPTIC!!!!The property consists of three separate buildings on one parcel: Front triplex with two 1 bed/1 bath units and one 3 bed/1 bath unit. Rear duplex with two 2 bed/1 bath units, and standalone 1 bed/1 bath cottage. Some units feature private fenced backyards, enhancing tenant appeal and retention. One of the 1 bed/1 bath units will be delivered vacant in June, allowing for immediate rental upside. Each unit has electric meter. Current gross rents $9,000/month or $108,000/year. Rents significantly below market, providing a strong value add. Market rent estimates: 1 bed units $1,600 $1,750, 2 bed units $1,900 $2,000, and 3 bed units $2,400+. Pro forma gross income is approximately $133,200 annua
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Property Location and Similar Properties
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Similar
Features
Absolute Longitude
  1. 80.089199
Avail Info
  1. Other
Carport Spaces
  1. 0.00
Construction
  1. Other
Cooling
  1. Central Individual
Country
  1. United States
Exterior Features
  1. None
Flooring
  1. Laminate
Heating
  1. Central Individual
Homeowners Assoc
  1. None
Housing For Older Persons Act
  1. No Hopa
Income Expenses Annual Net Oper Inc
  1. 83693.00
Income Expenses Annual Total Expense
  1. 24307.00
Income Expenses Gross Operating Inc
  1. 108000.00
Legal Desc
  1. BRYANT PARK E 100 FT OF LTS 12 & 13 BLK B
Lot Description
  1. 1/4 to 1/2 Acre
Number Of Stories
  1. 1.0
Parcel Id
  1. 70434407010020121
Possession
  1. Funding
Private Pool
  1. No
Property Condition
  1. Resale
Property Group Id
  1. 19990816212116581394000000
Property Type
  1. Quad Plex
Roof
  1. Comp Shingle
Separate Elec Meters
  1. Yes
Separate Wtr Meters
  1. No
Source Of Expenses
  1. Accountant
Sqft Source
  1. Tax Rolls
Sqft Total
  1. 4472.00
Storm Protection
  1. None
Subdivision Information
  1. None
Tax Year
  1. 2024
Taxes
  1. 12367.70
Tenant Pays
  1. Cable
  2. Electric
Total Building Sqft
  1. 3940.00
Utilities
  1. None
Views
  1. 17
Virtual Tour Url
  1. https://www.propertypanorama.com/3063-Floweva-Street-A-Palm-Springs-FL-33406--RX-11115439/unbranded
Waterfront Details
  1. None
Year Built
  1. 1956
Zoning
  1. RM(cit
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Headshot for Associate Krista Plagge
  1. Krista Plagge, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 813.285.1702
  4. krista@homeguidetampa.com