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$2,550,000

Beds
4
Baths
3.0
sq ft
3,116

326 Palmetto St, West Palm Beach, FL 33405

326 Palmetto St

West Palm Beach, FL 33405

  • 46 days on market
Owner will consider owner financing at reduced interest rate. A perfect vacation or staycation home with a good rental revenue - $23,000/mo. last season & $9,000/mo. off-season currently. This newly renovated 4/3-w/ attached garage 'Fully Equipped' home situated on an oversized corner lot with over 3116 SF of A/C living area is in the well sought prime neighborhood of South End 'SO-SO (south of Southern)' in West Palm Beach. Just a little over a block away from S. Flagler Dr & the Intracoastal Waterway across from the Island of Palm Beach. The 'Open concept' floor plan features all the latest & In-Style type finishes & Decor. The home also has 3 brand new AC units and a new water heater all less than 6 months old.

Details

Property type

Single Family Residence

Est. home value

$1,453,648

Lot size

0.26 acres

Price per sq ft

$819

Year built

1949

Annual property taxes

$10,857

Price History

08/01/2024
Beaches

Beaches #R11008919

Listed
$2,550,000
+376.64%
02/28/2020
Beaches

Beaches #R10578004

Sold
$535,000

Schools & Community

Neighborhood: 

South Side

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

Legions Capital Inc Aan Californi

Loan start date

February 2024

Original loan amount

$1,470,000

Est. remaining balance

Not provided

Interest rate

6.61%

Loan type

Commercial, 30 year

Seller

Vincent J Farfaglia and Shannon M Farfaglia

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?

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Status: Active

Tomo last checked: 09/16/2024 at 6:20 PM

Listing updated: 08/27/2024 at 10:41 AM

Listed by: Richard Berman, Brown Harris Stevens of PB Phone #: (561) 805-5050

MLS: Beaches #R11008919

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