5271 Wallis Road, West Palm Beach, FL, 33415 | $399,000

Welcome to 5271 Wallis Rd. , where charm meets opportunity! Discover the perfect blend of cozy living and exciting potential in this 2-bedroom home, set on a generous lot zoned for multifamily use. Step inside to find a warm and inviting living space designed for comfort and ease. The two spacious bedrooms provide a serene retreat, while the simple, functional layout offers the perfect foundation to bring your personal vision to life. Outside, the possibilities are endless. The expansive lot not only provides ample room for outdoor enjoyment but also unlocks the potential for development. With multifamily zoning, imagine creating additional rental units, a duplex, or the investment property of your dreams. Whether you're dreaming of a home with room to grow or an opportunity to maximize Imagine building at least two more units, turning this property into a lucrative investment or a dynamic living space. The possibilities are endless! The large lot also invites creativity in outdoor living. Whether you dream of lush gardens, a spacious patio, or even additional outdoor amenities, there's plenty of room to bring your vision to life. Located in a desirable area, 5271 Wallis Rd. offers the perfect blend of peace and convenience. You're close to local amenities, shopping, and dining, yet tucked away on a quiet street that feels like a retreat. Schedule a visit today and let your imagination run wild!

Features

  • Rooms: 3
  • Bedrooms: 2
  • Baths: 1 full
  • Year Built: 1947
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 741
  • Acreage: 0.48
  • Est. Taxes: $3,514
  • Elem. School: Palmetto (Palm Beach)
  • Middle School: Jeaga
  • High School: Palm Beach Lakes
  • Pet Policy: Yes, No Restrictions
  • Appliances: Gas Range, Refrigerator
  • MLS#: RX-11013192
  • Website: https://www.raveis.com
    /prop/RX-11013192/5271wallisroad_westpalmbeach_fl?source=qrflyer
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Listing courtesy of United Realty Group, Inc

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.

Customer Service

888.699.8876

Contact@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
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • 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.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@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

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@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

5271 Wallis Road, West Palm Beach, FL, 33415

$399,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $319,200 $319,200 $319,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.345% 6.533% 5.783%
Monthly Tax Payment $293 $293 $293
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,888 $1,991 $2,606
Total Monthly Payment $2,256 $2,359 $2,974

* 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.