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$4,899,999

Beds
4
Baths
3.5
sq ft
4,000

6731 Donald Ross Rd, Palm Beach Gardens, FL 33418

6731 Donald Ross Rd

Palm Beach Gardens, FL 33418

  • 686 days on market
    • Price drop $1↓
Good place to park some money rather than vacant land. For sale strictly as an income/investment/land bank property only. Not for occupancy or use by a buyer as the sale will be subject to a 5 year lease with the current owner as tenant with an additional 5 year option. Tenant pays $12,500/month plus real estate taxes, renters insurance, utilities, lawn, pest, A/C, roof & pool maintenance. Great place to park some money in quality real estate with guaranteed income & 100% occupancy. Possible future limited commercial potential.

Details

Property type

Single Family Residence

Est. home value

$1,285,397

Lot size

1.28 acres

Price per sq ft

$1,225

Year built

1981

Annual property taxes

$9,408

HOA

Yes

Price History

03/10/2025
Beaches

Beaches #R10885252

Price change
$4,899,999
03/09/2025
Beaches

Beaches #R10885252

Price change
$4,900,000
01/29/2025
Beaches

Beaches #R10885252

Price change
$4,899,999

Schools & Community

Elementary school: 

Marsh Pointe

Middle school: 

Independence

High school: 

William T. Dwyer

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

Wachovia Bank Na

Loan start date

December 2005

Original loan amount

$612,000

Est. remaining balance

Not provided

Interest rate

6.75%

Loan type

Credit Line (Revolving), 40 year

Seller

Robert A Berman and Joanne F Berman

Lender

Greenpoint Mtg Fndg

Loan start date

April 2001

Original loan amount

$237,250

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

New Conventional

Seller

Robert A Berman and Joanne F Berman

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: 03/14/2025 at 5:00 PM

Listing updated: 03/10/2025 at 9:35 AM

Listed by: Bob Berman, Berman Realty Phone #: (561) 627-1118

MLS: Beaches #R10885252

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