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$699,108Estimated home value

Beds
7
Baths
4.0
sq ft
2,685

1975 Palm Acres Dr, West Palm Beach, FL 33406

1975 Palm Acres Dr

Palm Springs, FL 33406

  • Off market
    • Price drop $30,000↓
This property is perfect for Investors, Builders, Assisted Living Facility ALF, Group Home, Sober Home etc. This property is currently zoned to build and or convert to up to 7 residential units. The property sits on .70 acre and consists of a 4/3 Single Family, 3/1 attached in-law suite and 7 car detached garage and 1 RV space rental. (RV Not included in the sale). Centrally located on desirable dead end street, Minutes from I95 and shopping centers. Call your investors and builders today. Sold As Is with right to inspect. Buyer to complete own due diligence and verify use and development potential with the city of Palm Springs.

Details

Property type

Single Family Residence

Est. home value

$699,108

Lot size

0.7 acres

Price per sq ft

$315

Year built

1959

Annual property taxes

$7,103

Price History

09/28/2024
Beaches

Beaches #R10999719

Removed
$844,995
08/01/2024
Beaches

Beaches #R10999719

Price change
$844,995
-3.43%
06/27/2024
Beaches

Beaches #R10999719

Listed
$874,995

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Gateway Funding Diversified Mtg Svcs Lp

Loan start date

June 2005

Original loan amount

$275,000

Est. remaining balance

Not provided

Interest rate

2%

Loan type

Negative Amortization, 30 year

Seller

Luis Valencia and Diana Casallas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/04/2024 at 8:10 PM

Listing updated: 08/30/2024 at 11:22 AM

Listed by: Edward Beaudouin, Property Expo Center Inc. Phone #: (561) 929-9359

MLS: Beaches #R10999719

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