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$2,450,000

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

  • 8 days on market
A perfect vacation or staycation home with a good rental revenue history - $23,000/mo. last season & $9,000/mo. off-season currently. Owner will consider seller financing at reduced interest rate. This newly renovated 4/3-w/ 2 car garage parking - one attached and one detached 'Fully Equipped' pool 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.

Details

Property type

Single Family Residence

Est. home value

$1,453,648

Lot size

0.26 acres

Price per sq ft

$787

Year built

1949

Annual property taxes

$11,125

Price History

12/14/2024
Beaches

Beaches #R11045236

Listed
$2,450,000
-3.92%
10/11/2024
Beaches

Beaches #R11008919

Removed
$2,550,000
08/01/2024
Beaches

Beaches #R11008919

Listed
$2,550,000
+376.64%

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: 12/22/2024 at 8:55 AM

Listing updated: 12/16/2024 at 5:25 PM

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

MLS: Beaches #R11045236

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