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    920 Haverhill Rd Haverhill, FL 33415

    For Sale
    $1,875,000

    Eight-unit complex, high ROI potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional multifamily investment property, located at 920 N Haverhill Road Unit 1a in Haverhill, Florida, presents a compelling opportunity for discerning investors. The property encompasses a substantial 0.65-acre lot and comprises eight units, all of which have undergone recent and comprehensive updates. This ensures immediate income generation and minimizes the need for costly renovations. A key feature enhancing both the property's value and its resilience is the installation of impact windows and doors throughout the entire complex. This significant upgrade provides superior protection against severe weather events, a crucial consideration in Florida's climate, and contributes to lower insurance premiums. Furthermore, the property boasts clean inspection reports, providing peace of mind and facilitating a smooth transition for the new owner. The property's strong financial performance is underscored by its 8 CAP rate, indicating a robust return on investment. This makes it an attractive proposition for investors seeking a stable and profitable addition to their portfolio. The property's location in Haverhill, Florida, offers further advantages, though specific details regarding local amenities and market dynamics are not provided here. This turnkey investment opportunity is ready for immediate ownership and income generation. Serious inquiries are encouraged.

    Property Features for 920 Haverhill Rd

    General Information

    Property type
    Residential income properties
    Lot Size
    28,314 SF

    Building Details

    Year Built
    1945
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Haverhill
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.11922
    Latitude
    26.69086

    Nearby Comparable

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    Nearby Similar for Sale

    • $1,875,000
      3,743 SF

      Haverhill Road Multifamily Investment

      Eight-unit, updated Florida property. High ROI.
      920 Haverhill Rd, Haverhill, FL 33415
      View Details

    FAQs

    What type of property is this?
    Residential income property - Eight-unit complex, high ROI potential.
    Where is this residential income property located?
    The property is located at 920 Haverhill Rd Haverhill, FL.
    What is the asking price?
    The asking price for this property is $1,875,000.
    (561) 718-9067
    Request Owner's contact information
    920 Haverhill Rd Haverhill, FL 33415
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    Haverhill, FL 33415
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    920 Haverhill Rd Haverhill, FL 33415
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