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$995,000

Beds
Unknown
sq ft
3,430

904 4th St, West Palm Beach, FL 33401

904 4th St

West Palm Beach, FL 33401

  • 8 days on market
***EXCEPTIONAL OPPORTUNITY to acquire this 7 % + CAP RATE prime 4 UNIT income-producing property located in the path of progress, just West of the NORA development, slated for completion by late 2025. The property is steps away from City Place, the Bright Line, and minutes from ocean beaches, Worth Avenue, and PBI Airport . The property consists of three structures featuring FOUR approved rental units: the main house has a 3 BR/ 1.5 BA unit, & a 5BR /2BA unit; a 1BR/ 1BA Guest House; and a Studio/1 BA cottage. This 6,534 SF lot enjoys NWD zoning. New Roof 2022, renovations in 2023. Offered TURNKEY & FURNISHED. Please do not disturb the tenants. Financials & Zoning info in Documents.

Details

Property type

Est. home value

$549,674

Lot size

6,550 sq ft

Price per sq ft

$291

Year built

1925

Annual property taxes

$8,734

HOA

Yes

Price History

03/20/2025
Beaches

Beaches #R11073730

Listed
$995,000
+2.05%
01/02/2025
Beaches

Beaches #R10997568

Removed
$975,000
10/18/2024
Beaches

Beaches #R10997568

Price change
$975,000
-1.51%

Schools & Community

Neighborhood: 

Progressive North West

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

Commerical Lender Llc

Loan start date

July 2023

Original loan amount

$701,250

Est. remaining balance

Not provided

Interest rate

6.57%

Loan type

Commercial, 30 year

Seller

Dida Re Llc

Lender

Commercial Lender Llc

Loan start date

March 2023

Original loan amount

$480,200

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Commercial, 1 year

Seller

Dida Re Llc

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: 03/28/2025 at 7:35 PM

Listing updated: 03/24/2025 at 9:06 AM

Listed by: Giuliana Torre, Douglas Elliman Phone #: (561) 655-8600

MLS: Beaches #R11073730

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