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This is the opportunity investors dream! A solid concrete block duplex located in one of West Palm Beach’s most desirable neighborhoods, just walking distance to the water, restaurants, and hotels, and only minutes from Riviera Beach and the best that South Florida has to offer.
Priced to sell fast, this property delivers serious potential for instant equity and massive upside. Each unit features 2 bedrooms and 1 bath. Unit B is already halfway through a beautiful renovation with updated vinyl flooring, light gray walls, white shaker cabinets, granite-style counters, and a tiled walk-in shower. Finish a few final touches and it’s ready to rent. Unit A, meanwhile, is a blank canvas— gutted after a small fire and ready for your custom design. The framing, plumbing, and insulation are already in place, saving you time and money on the rebuild.
The roof is only 3–4 years old, ventilation systems are cleaned, and the property is on public water and sewer. From the front, dual driveways lead to separate entrances and a shared front porch. Out back, each side enjoys a private yard with mature trees, partial fencing, and plenty of space for outdoor living or future upgrades. There’s even a small storage area and brick oven.
With no HOA, no rental restrictions, and no limitations, the possibilities are endless— fix and flip for a huge profit, renovate and hold as a cash-flowing asset, or live in one unit and rent the other. Properties like this, in this location, are nearly impossible to find at this price point.
This is your chance to secure a high-equity, high-upside deal in one of South Florida’s fastest-growing and most in-demand coastal markets. Don’t miss out— schedule a showing today!
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $258,658 | $258,658 | $258,658 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.280% | 5.541% |
| Monthly Tax Payment | $491 | $491 | $491 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,469 | $1,572 | $2,079 |
| Total Monthly Payment | $2,035 | $2,138 | $2,645 |
* 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.