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Property view

5655 Mango Rd, 
West Palm Beach, FL 33413

$915,000


Bed


Bath


3,600

Sq Ft


Multi-Family

Sold

Bought with Coldwell Banker Realty

305-253-2800

MLS#

A11347603

Source:

SEFMLS

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About This Home

5655 Mango Rd

Excellent Investment opportunity! This property is currently at a 5.5% CAP RATE with the potential to go above 8% CAP. This amazing fourplex is located in Royal Palm Beach County. Minutes from downtown West Palm Beach - dining, shopping, and entertainment including the world-renowned Kravis theater. Beautiful Florida beaches within a 5-minute driving distance and more! Each unit has 2 parking spaces, 2 bedrooms, 1 bath, and a large backyard. This property is fully rented below market rent; the new owner will have the chance to even increase the rent and receive more than 8% CAP.

Home Facts

Multi-Family

Built in 1981

Price Summary

950,000

$263 per Sq. Ft.

MLS #:

A11347603

Sold:

May 8, 2023


Rooms & Interior

Interior

Living Area:

3,600 Sq. Ft.


Structure

Structure

Architectural Style:

Fourplex

Year Built:

1981


Finances & Disclosures

Finances

Price:

$950,000

Price per Sq. Ft:

$263 per Sq. Ft.

5655 Mango Rd
Source:SEFMLS
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.