1530 Crescent Cir, West Palm Beach FL 33403 | Palm Beach County | A11858108

  • $2,600,000

Description

Exceptional opportunity to acquire a 10,000 SF, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.

  • Address: Crescent Cir
  • City: West Palm Beach
  • State/county: Palm Beach County
  • Zip/Postal Code: 33403
  • Area: LAKE PARK ADD 3

Details

Updated on August 14, 2025 at 3:13 am
  • Property ID A11858108
  • Price $2,600,000
  • Property Size 10224 Square Feet
  • Year Built 1963
  • Type Quadruplex
  • Property Status Residential Income

Additional details

  • ArchitecturalStyle Attached
  • BuildingAreaTotal 10224
  • BuildingAreaUnits Square Feet
  • BuildingFeatures Laundry Facility
  • BuildingName LAKE PARK ADD 3
  • ConstructionMaterials Concrete Block Construction
  • ContractStatusChangeDate 2025-08-13
  • Cooling Central Air
  • DaysOnMarket 0
  • DocumentsAvailable Investment Analysis,Copy Of Lease(S),Rent Rolls
  • Flooring Vinyl
  • Heating Central
  • InternetAddressDisplayYN 1
  • InternetAutomatedValuationDisplayYN 1
  • InternetConsumerCommentYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR A-Miami Association of REALTORS
  • ListAgentDirectPhone 561-212-4640
  • ListAgentEmail ben@LIVgroupmia.com
  • ListAgentFullName Benjamin Lipkin
  • ListAgentKey ca3855cf957037ddd0b357b391b3268d
  • ListAgentMlsId 3443432
  • ListAgentOfficePhone 561-212-4640
  • ListAgentStateLicense 3443432
  • ListOfficeKey 616cd45b610db04b6bbaa549f7824a94
  • ListOfficeMlsId LIVR01
  • ListOfficeName LIV Real Estate Group
  • ListOfficePhone 561-212-4640
  • ListingAgreement Exclusive Right To Sell
  • ListingContractDate 2025-08-13
  • ListingKey 0d9a5cc7add50d9cf4d31b244418cbb3
  • ListingTerms All Cash,Conventional
  • LotFeatures 1/4 To Less Than 1/2 Acre Lot
  • LotSizeSquareFeet 0
  • MLSAreaMajor Lake Park Add 3
  • MajorChangeTimestamp August 14, 2025 at 12:13am
  • MajorChangeType New
  • MlsStatus Active
  • ModificationTimestamp August 14, 2025 at 12:13am
  • NetOperatingIncome 153718
  • NumberOfUnitsInCommunity 4
  • NumberOfUnitsTotal 8
  • OnMarketDate 2025-08-13
  • OperatingExpense 59882
  • OriginalEntryTimestamp August 14, 2025 at 12:13am
  • OriginalListPrice 2600000
  • OriginatingSystemID miamire
  • OriginatingSystemKey miamire
  • OriginatingSystemName Miami Association of REALTORS®
  • OtherExpense 0
  • ParcelNumber 36434221031350010
  • ParkingTotal 12
  • PhotosChangeTimestamp August 14, 2025 at 12:19am
  • PhotosCount 37
  • Possession Funding
  • PostalCodePlus4 2255
  • PriceChangeTimestamp August 13, 2025 at 04:27pm
  • PublicSurveyRange 36
  • PublicSurveySection 21
  • PublicSurveyTownship 36
  • RentIncludes Trash Collection
  • Roof Concrete
  • Sewer Public Sewer
  • ShowingContactType Agent
  • ShowingInstructions Call Listing Agent
  • SourceSystemKey 419218003
  • StateOrProvince FL
  • StatusChangeTimestamp August 14, 2025 at 12:13am
  • Stories 2
  • StoriesTotal 2
  • StreetName Crescent Cir
  • StreetNumber 1530
  • StreetNumberNumeric 1530
  • StructureType Quadruplex,Fourplex
  • SyndicationRemarks Exceptional opportunity to acquire a 10,000 SF, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.
  • TaxAnnualAmount 28606
  • TaxLegalDescription LAKE PARK ADD NO 3 LOT 1 BLK 135
  • TaxYear 2024
  • TotalActualRent 213600
  • WaterSource Municipal Water
  • YearBuiltDetails Effective Year Built
  • Zoning R2 (city

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