202 9Th Ave South Bay, FL 33493
This charming 1-story duplex located at 202 NW 9th Ave, South Bay, FL 33493, presents a fantastic investment opportunity. Built in 1963, this property offers two distinct units, ideal for generating strong rental income. One unit boasts 2 bedrooms and 1 bathroom, complete with a convenient front-load laundry room. The second unit is larger, featuring 3 bedrooms and 2 bathrooms. The property is situated in Palm Beach County, within the South Bay community, offering easy access to local amenities and services. Market rental rates in the area range from $1400 to $2000 per month, suggesting significant potential for positive cash flow. The asking price for this well-maintained duplex is $310,000. This represents a compelling opportunity for investors seeking a stable and potentially lucrative addition to their portfolio. The property's solid construction and desirable location make it an attractive prospect for long-term rental income. This is a turnkey investment ready for immediate income generation. Don't miss this chance to acquire a proven income-producing asset in a thriving Florida market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.