1530 Crescent Cir, West Palm Beach FL 33403 | Palm Beach County | A11858108
- $2,600,000
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
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Address: Crescent Cir
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City: West Palm Beach
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State/county: Palm Beach County
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Zip/Postal Code: 33403
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Area: LAKE PARK ADD 3
Details
Updated on August 14, 2025 at 3:13 am-
Property ID A11858108
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Price $2,600,000
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Property Size 10224 Square Feet
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Year Built 1963
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Type Quadruplex
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Property Status Residential Income
Additional details
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ArchitecturalStyle Attached
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BuildingAreaTotal 10224
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BuildingAreaUnits Square Feet
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BuildingFeatures Laundry Facility
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BuildingName LAKE PARK ADD 3
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ConstructionMaterials Concrete Block Construction
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ContractStatusChangeDate 2025-08-13
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Cooling Central Air
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DaysOnMarket 0
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DocumentsAvailable Investment Analysis,Copy Of Lease(S),Rent Rolls
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Flooring Vinyl
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Heating Central
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 561-212-4640
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ListAgentEmail ben@LIVgroupmia.com
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ListAgentFullName Benjamin Lipkin
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ListAgentKey ca3855cf957037ddd0b357b391b3268d
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ListAgentMlsId 3443432
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ListAgentOfficePhone 561-212-4640
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ListAgentStateLicense 3443432
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ListOfficeKey 616cd45b610db04b6bbaa549f7824a94
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ListOfficeMlsId LIVR01
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ListOfficeName LIV Real Estate Group
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ListOfficePhone 561-212-4640
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2025-08-13
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ListingKey 0d9a5cc7add50d9cf4d31b244418cbb3
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ListingTerms All Cash,Conventional
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LotFeatures 1/4 To Less Than 1/2 Acre Lot
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LotSizeSquareFeet 0
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MLSAreaMajor Lake Park Add 3
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MajorChangeTimestamp August 14, 2025 at 12:13am
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp August 14, 2025 at 12:13am
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NetOperatingIncome 153718
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NumberOfUnitsInCommunity 4
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NumberOfUnitsTotal 8
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OnMarketDate 2025-08-13
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OperatingExpense 59882
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OriginalEntryTimestamp August 14, 2025 at 12:13am
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OriginalListPrice 2600000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 36434221031350010
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ParkingTotal 12
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PhotosChangeTimestamp August 14, 2025 at 12:19am
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PhotosCount 37
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Possession Funding
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PostalCodePlus4 2255
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PriceChangeTimestamp August 13, 2025 at 04:27pm
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PublicSurveyRange 36
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PublicSurveySection 21
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PublicSurveyTownship 36
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RentIncludes Trash Collection
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Roof Concrete
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Sewer Public Sewer
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ShowingContactType Agent
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ShowingInstructions Call Listing Agent
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SourceSystemKey 419218003
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StateOrProvince FL
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StatusChangeTimestamp August 14, 2025 at 12:13am
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Stories 2
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StoriesTotal 2
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StreetName Crescent Cir
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StreetNumber 1530
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StreetNumberNumeric 1530
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StructureType Quadruplex,Fourplex
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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.
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TaxAnnualAmount 28606
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TaxLegalDescription LAKE PARK ADD NO 3 LOT 1 BLK 135
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TaxYear 2024
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TotalActualRent 213600
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WaterSource Municipal Water
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YearBuiltDetails Effective Year Built
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Zoning R2 (city
Features
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Down Payment
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Monthly HOA Fees