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Investment Opportunity

Miami Investmens

1121 11th Street West Palm Beach FL 33401 MLS #RX-11118211

1121 11th Street
West Palm Beach, FL, 33401
$749,000
Beds
0 Bathrooms
2,964 SqFt
0 Acres
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$749,000
1121 11th Street
West Palm Beach, FL, 33401
MLS #RX-11118211 image #0MLS #RX-11118211 image #1MLS #RX-11118211 image #2MLS #RX-11118211 image #3MLS #RX-11118211 image #4MLS #RX-11118211 image #5MLS #RX-11118211 image #6MLS #RX-11118211 image #7MLS #RX-11118211 image #8MLS #RX-11118211 image #9MLS #RX-11118211 image #10MLS #RX-11118211 image #11MLS #RX-11118211 image #12MLS #RX-11118211 image #13MLS #RX-11118211 image #14MLS #RX-11118211 image #15MLS #RX-11118211 image #16

Project Description

Nicely updated Quadplex with FOUR 2 bedroom1 bath units. New flat roof s June 2025, Main roof approximately 20 years old with no current issues. new exterior paint Aug 2025, Great curb appeal with new tree’s and shrubs in flower beds, ALL units nicely remodeled recently. SEPERATE water/electric UTILITIES for each unit. CENTRAL AC in all units. Units currently rented @ $1600/month (well below the area market rate of $1800 – 2000month). All units currently occupied with one unit vacating end of September. Conveniently located to the ever expanding downtown district. Dont miss out on this excellent opportunity to add to your investment portfolio. VIEWING & INSPECTION EVENT OPEN TO ALL INTERESTED PARTIES ON 10/03/2025 FROM 10 AM – 2PM WITH HIGHEST AND BEST DUE MONDAY 10/06/2025 @ 4PM

Property Details

Price:
$749,000
MLS #:
RX-11118211
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Quad Plex
Subdivision:
ROOSEVELT ESTATES
Listed Date:
Aug 24, 2025
Finished Sq Ft:
2,964
Year Built:
1955
StoriesRoosevelt Estates

Schools

Interior

Cooling
Electric, Central
Flooring
Tile
Heating
Central, Electric
Window Treatments
Blinds

Exterior

Construction
CBS, Stucco
Exterior Features
Covered Patio, Fence
Homeowners Assoc
None
Lot Description
1/4 to 1/2 Acre, Public Road, Paved Road
Roof
Comp Shingle
View
Garden
Waterfront Details
None

Financial

Gross Operating Income
$76,800
HOA Fee
$0
Net Operating Income
$61,159
Taxes
$0
Utilities
Electric, Public Water, Public Sewer, Cable

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Map

Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
1121 11th Street
West Palm Beach, FL