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$850,000

Beds
4
Baths
2.0
sq ft
1,800

4647 Marguerita St, West Palm Beach, FL 33417

4647 Marguerita St

West Palm Beach, FL 33417

  • 236 days on market
    • Price drop $25,000↓
Check out this excellent opportunity! Charming duplex on .68 acres in West Palm Beach, just minutes from downtown and Palm Beach International Airport. Both units offer 2 bedrooms & 1 bathrooms each. HVAC just replaced on both properties! Prime development opportunity with spacious land for potential expansion. Ideal location for investment or residential development on this prime parcel. Possibility of putting three duplexes on this property (buyer must do their own due diligence to confirm prior to submitting an offer). Plenty of mature trees on the property such as rose apple, rainbow tree and plenty of palm tress! Don't wait to view! Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$431,326

Lot size

0.68 acres

Price per sq ft

$473

Year built

1982

Annual property taxes

$3,228

Price History

08/09/2024
Beaches

Beaches #R10950826

Price change
$850,000
-2.86%
07/15/2024
Beaches

Beaches #R10950826

Price change
$875,000
-7.89%
01/16/2024
Beaches

Beaches #R10950826

Listed
$950,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$721,386
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$60,614
Cash to seller
$721,386

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Lehman Brothers Bank Fsb

Loan start date

February 2005

Original loan amount

$110,000

Est. remaining balance

$60,614

Interest rate

5.75%

Loan type

Not Provided, 30 year

Seller

Henri L Doyon and Aline Doyon

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: Active

Tomo last checked: 09/08/2024 at 6:55 AM

Listing updated: 09/04/2024 at 2:25 AM

Listed by: Dani Liberatos, Block Realty Phone #: (561) 756-0020

MLS: Beaches #R10950826

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