About 712 Palmetto St
Incredible investment opportunity!! This extremely profitable short term rental in West Palm Beach sets itself apart from the competition. Sitting on a double corner lot, this estate features a main house with two guest houses for a total of 7 bedrooms and 4 full bathrooms. This turnkey property is ready to be rented out immediately and includes over $50,000 in guaranteed 2024 rental income to start you off!Incredible mature foliage surrounds the property including a 3 story mango tree and beautiful fountain to create a one of a kind romantic setting. Additional features include a large heated pool and separate hot tub, outdoor dining area and a separate utility room. The entire estate has just been redesigned with brand new furniture and decor. All is included in the sale. Both interior and exterior are freshly painted. Perfectly located just minutes from PBI airport, downtown West Palm Beach and the world famous Palm Beach Island. Rent the property out as one to host large parties, divide into three rentals for multiple income streams or elevate this unique property to include small events etc. With a limited amount of short term rentals this size, the possibilities are endless. Financials and accounting details are available upon request.
Features of 712 Palmetto St
| MLS® # | RX-10957466 |
|---|---|
| Price | $1,299,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,171 |
| Acres | 0.25 |
| Year Built | 1928 |
| Type | Multi-Unit |
| Sub-Type | Triplex |
| Style | No |
| Status | Active |
Community Information
| Address | 712 Palmetto St |
|---|---|
| Area | 5430 |
| Subdivision | HILLSIDE PARK |
| City | West Palm Beach |
| County | Palm Beach |
| State | FL |
| Zip Code | 33405 |
Amenities
| Utilities | 3-Phase Electric, Cable, Public Sewer, Public Water |
|---|---|
| Parking Spaces | 2 |
| View | Garden |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | Yes |
| Pool | Equipment Included, Freeform, Heated, Inground |
| Private Pool | Yes |
Interior
| Heating | Central |
|---|---|
| Cooling | Ceiling Fan, Wall-Win A/C, Central |
| # of Stories | 2 |
Exterior
| Exterior Features | Awnings, Cabana, Deck, Exterior W/D Hookup, Extra Building, Fence, Fruit Tree(s), Open Patio, Shutters |
|---|---|
| Lot Description | 1/2 to < 1 Acre |
| Windows | Blinds |
| Roof | Tar/Gravel, Mixed |
| Construction | Concrete, Frame/Stucco |
Additional Information
| Zoning | SF7 (city)/SING |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | United Realty Group, Inc |
|---|