Commercial property in Palm Beach Gardens, Florida 209.77 sq.m. № 2453381

Property description

Two duplexes in Palm Beach Gardens available together for $1,250,000 or separately: 9142-9144 W Highland Pines Drive at $650,000 and 9163 W Highland Pines Drive at $600,000. Four spacious 2-bedroom, 2-bath apartments, each with over 1,090 SF. At 9142-9144, unit 9142 is updated and rents for $1,800+ per month with a month-to-month tenant; unit 9144 is vacant for easy showing with original, well-maintained interiors. The duplex at 9163 offers value-add potential, with both units needing updates and month-to-month tenants paying $900 and $950 per month. At the indicated market rent of $2,200 per updated apartment, annual scheduled gross income for the two units at 9163 could increase from $22,200 to $52,800, subject to renovations and achieving projected rents. DOWNLOAD THE OFFER MEMORANDUM.