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516-520 34th Street, West Palm Beach, FL 33407
Investment at a glance
Annual Revenue
$225K
Gross Yield
8.2%
Occupancy
6500%
Cap Rate
4.9%
Stunning compound in Historic Northwood! Selling 516-520 34th St, together! Ideal for extended families, yacht crew rentals, or Airbnb. 516 offers 2 beds/2 baths, pool, laundry, private patio, and entrance. 520 features 4 beds/4.5 baths, gourmet kitchen, laundry, plus a cozy 1 bed/1 bath guesthouse, totaling 7 beds, 7.5 baths, 3 kitchens, 3 laundries, 1 garage, and 1 workshop. Enjoy ample parking, a resort-style pool area, tropical landscaping, with paver stone decks and perimeter fencing for privacy. Impact windows to be installed and new interior paint. Minutes from City Place, Peanut Island, beaches,#RybovichSuperyachtMarina and PBI airport. New roof (late 2022), 2-year-old AC units, updated electric. Impact windows and doors to be installed. Turnkey ready, classic and elegant.
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| $28,922 |
| 2 Bedroom | 471 | 52% | $229 | $43,706 |
| 3 Bedroom | 382 | 51% | $339 | $62,926 |
| 4 Bedroom | 171 | 46% | $483 | $81,168 |
| 5 Bedroom | 65 | 39% | $662 | $94,303 |