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Furnished Split-Plan Townhome Income

1702 Silverleaf Oak Court Palm Beach Gardens, FL 33410

1702 Silverleaf Oak Court, Palm Beach Gardens, FL, 33410
$365,000
For Sale
Claim this Listing
$365,000

MULTI_FAMILY - Other - Palm Beach Gardens, FL

Property Size1,152 SF
Lot Size0.05 Acres
Price / SF$316.84
AddedMay 20
Days on Market57
Last RefreshJul 15 at 12:06 pm

Property Features for 1702 Silverleaf Oak Court

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM (city)
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Parking
2
Parking features
Assigned, Guest
Window features
Skylight(s)
Patio and Porch features
Patio
Pets allowed
Yes, Breed Restrictions, Number Limit, Size Limit
Interior features
Bedroom Layout - Split, Built-in Features, Cathedral Ceiling(s), High Ceilings, Pantry, Storage, Vaulted Ceiling(s)
Exterior features
Barbecue
Appliances
Electric Water Heater, Range, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer, Water Heater
Standard status
Active
APN
52434207290000172
Size
1,152 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
OAKS-SUNTERRACE PL 1 LT 17-B
Tax Annual Amount
4827
Expense value
150
Expense
Application Fee
Expense freq.
One Time

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air, Ceiling Fan(s)
Water source
Public

Building Details

Year built
1991
Floors in Building
1
Flooring type
Tile
Building materials
CBS, Stucco
Roof type
Tile
Architectural style
Other
Additional Structures
Storage

Listing agent Alexander Fink License #3392032

Listing office Illustrated Properties LLC (Co 2725 PGA Blvd., Palm Beach Gardens, FL

Listing date May 20, 2026

MLS# B26030875 Listing URL

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This townhome-style income residence features a split floorplan that allows for two master suites. Interior finishes include porcelain tile throughout with no carpet, along with updated counters and a breakfast bar. The home is offered furnished with negotiable terms and includes stainless steel appliances, a decorative tile backsplash, a double stainless steel sink, and updated lighting, fans, and door knobs. A large screened lanai provides a covered outdoor area and includes a storage closet.

The property sits within the Sun Terrace at the Oaks community and is described as within walking distance to the community pool and spa, with sidewalks throughout. The fee includes basic cable, community pool access, lawn care, and roof maintenance.

Rental use is subject to restrictions, including no leasing during the first year and a minimum 120-day lease term with no more than one lease per year. Pet restrictions allow up to two pets under 25 lbs each, and parking is noted as spaces #222 and #224.

Key Highlights

  • 1991‑built home with split bedroom layout and 2 master suites, plus cathedral/vaulted and high ceilings
  • Large 23' x 23' screened lanai with covered area, storage closet, and patio/barbecue space
  • Porcelain tile flooring throughout (no carpet) with built‑in features and storage

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $33.7k $29.28
− Vacancy −$1.5k −$1.32
EGI $32.2k $27.96
− OpEx −$14.5k −$12.58
NOI $17.7k $15.38
1,152 SF · lease $29.28/SF/yr · vacancy 4.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$253.1K
$221.5K – $295.3K (±1% cap)
NOI $17,717 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$811.3K
$709.9K – $946.5K (±1% cap)
NOI $56,791 @ 7.0% cap · market cap 15.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Bakery Parking Lot & Garage (Bike/Boat/Book/etc) Store Food Market Carpet & Flooring Store Locksmith Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist

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

FAQs

What type of property is this?
Residential income property - Split floorplan with porcelain tile, two master suites, and a large screened lanai, plus fee-based community services.
Where is this residential income property located?
The property is located at 1702 Silverleaf Oak Court Palm Beach Gardens, FL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 1991‑built home with split bedroom layout and 2 master suites, plus cathedral/vaulted and high ceilings; Large 23' x 23' screened lanai with covered area, storage closet, and patio/barbecue space; Porcelain tile flooring throughout (no carpet) with built‑in features and storage
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