Upgraded 4-unit multifamily property in historic Flamingo Park. Qualifies for favorable owner-occupant financing which allows the rental income to help qualify for the loan with as low as 5% downpayment.Impact windows throughout. Each unit has Central AC and updated electrical panels. Units include in-unit washers and dryers, high ceilings, and tankless water heaters. A large backyard provides ample outdoor space for tenants. Durable flat roof (2016) and updated barrel tile roof. Plumbing is originally cast iron and much has been replaced with PVC.
Subdivision:
FLAMINGO PARK IN
Parking:
None, Open Parking
Utilities
Cable,Electric,Public Sewer,Water Available
Lot Description:
< 1/4 Acre
Amenities:
Basketball, Bike - Jog, Dog Park, Fitness Trail, Park, Playground, Tennis
Copyright ©2025 Beaches Multiple Listing Service, Inc
Listing courtesy of 49 Units, LLC Phone: (561) 600-5350
518 Biscayne Drive, West Palm Beach, FL, 33401
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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