INCOME PRODUCING TRIPLEX, Unit #1: 2/1 $1,750.00 Lease ends 11/14/2025., Unit#2: 3/2 $2,300.00 Lease ends 07/19/2025., Unit #3: 2/1 $1,800.00 Lease ends 12/14/2025., Total monthly income $5,850.00, Gross annual income $70,200.00, long-term tenants, looking to stay and renew the leases, a new roof on both buildings in 2021, a new Septic Drain field in June 2020, new paint, some updating to kitchens and baths, plenty of parking, all with separate electric and water meters. Sold As Is with the right to inspect.
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Palm Beach Gardens was developed by John D. MacArthur in 1959. His original chosen name for the city was Palm Beach City, but this name was not approved by Florida legislature. Therefore, MacArthur named the city, Palm Beach Gardens.
Palm Beach Gardens is located 5 miles north of West Palm Beach, off Interstate 95.
Palm Beach Gardens and the rest of South Florida suffered extensive damage when it was hit by hurricanes Frances, Jeanne and Wilma in 2004 and 2005.
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