HOA-Backed Promissory
For Sale
Contact for pricing
Pending
1801 N Congress Ave, West Palm Beach, FL 33401
Specialty investment offering secured by association dues, special assessment collections, and related loan documents.
Property SizeContact for details
Days on Market146
Property Features for 1801 N Congress Ave
General Information
Standard status
Pending
Property subtype
Note/Loan
Additional Details
Asking Price
$2,650,000
Listing Agency:
The Goldstein Group
Listed By:
Martin J Goldstein · License #FL
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 2 at 8:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Goldstein Group
Investment Insights
Based on property information with market context.
This specialty property offering centers on a promissory note supported by a collateral assignment and related documentation. The debt is secured by Homeowner’s Association dues and special assessment collections, with the lender identified as an individual and bulk owner within the community.
Loan proceeds were extended for roof replacement across the community’s quadplexes, with the work performed in 2020. The financing carries a 25-year amortization schedule and a 10-year term. The HOA operates with a surplus after debt service, and the obligation is supported by a special assessment.
Loan proceeds were extended for roof replacement across the community’s quadplexes, with the work performed in 2020. The financing carries a 25-year amortization schedule and a 10-year term. The HOA operates with a surplus after debt service, and the obligation is supported by a special assessment.
Key Highlights
- Promissory note and collateral assignment available
- Secured by Homeowner’s Association dues and special assessment collections
- Roof replacement across community quadplexes performed in 2020
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,520
Businesses Nearby
Explore this area
Business Placement
Demographics for 33401, FL
31,302
Population
19,051
Households
1.6
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,138
Density / Sq Mi
$60,942
Median Household Income
$39,932
Median Earnings
$1,774
Median Rent
$430,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Specialty property - Specialty investment offering secured by association dues, special assessment collections, and related loan documents.
Where is this specialty property located?
The property is located at 1801 N Congress Ave West Palm Beach, FL.
What are key features of this property?
This property features: Promissory note and collateral assignment available; Secured by Homeowner’s Association dues and special assessment collections; Roof replacement across community quadplexes performed in 2020
