202 9Th Ave South Bay, FL 33493
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 202 9Th Ave
- Year built
- 1963
- Property type
- Small apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- South Bay
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.7205781
- Latitude
- 26.6661096