4647 Marguerita Street, West Palm Beach, FL, 33406 | $950,000

Check out this excellent opportunity! Charming duplex on . 68 acres in West Palm Beach, just minutes from downtown and Palm Beach International Airport. Both units offer 2 bedrooms & 1 bathrooms each. HVAC just replaced on both properties! Prime development opportunity with spacious land for potential expansion. Ideal location for investment or residential development on this prime parcel. Possibility of putting three duplexes on this property (buyer must do their own due diligence to confirm prior to submitting an offer). Plenty of mature trees on the property such as rose apple, rainbow tree and plenty of palm tress! Don't wait to view! Schedule your showing today!

Features

  • Amenities: None
  • Bedrooms: 4
  • Baths: 2 full
  • Units: 2
  • Year Built: 1982
  • Heating: Central,Electric
  • Cooling: Ceiling Fan,Central,Electric
  • Approx Sq. Feet: 1,928
  • Est. Taxes: $3,228
  • Lot Desc: 1/2 to < 1 Acre,Paved Road,Public Road
  • Pool: Above Ground,Vinyl Lined
  • MLS#: RX-10950830
  • Website: https://www.raveis.com
    /prop/RX-10950830/4647margueritastreet_westpalmbeach_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Mary PoolaSales Associate

860.625.1913

Mary.Poola@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Bobby KazarianVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1875225

401.585.3916

Bobby.Kazarian@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Diane PadelliInsurance Sales Director, William Raveis Insurance

203.444.0494

Diane.Padelli@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

4647 Marguerita Street, West Palm Beach, FL, 33406

$950,000

Mary Poola

Sales Associate

William Raveis Real Estate

Phone: 860.625.1913

Mary.Poola@raveis.com

Bobby Kazarian

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 401.585.3916

Bobby.Kazarian@raveis.com

NMLS Mortgage Loan Originator ID 1875225

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $760,000 $760,000 $760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.877% 6.977% 7.041%
Monthly Tax Payment $269 $269 $269
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,185 $4,993 $6,778
Total Monthly Payment $5,546 $5,354 $7,139

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.