Active

$486,999

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1485 sq ft
Overview
  • ID: MFRTB8523619
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1485 sq ft
Property Details
Remarks
<POTENTIAL SELLER-FINANCE + SUBJECT-TO> <SECTION 8 OPPORUTUNITY> INCREDIBLE OPPORTUNITY in one of West Palm Beach's MOST DESIREABLE neighborhoods! This beautifully maintained 3-bedroom, 2-bathroom pool home with a spacious two-car garage is perfectly situated on a quiet street just moments from schools, parks, waterfront walking paths, shopping, restaurants, major highways, and South Florida's beautiful beaches. Whether you're looking for immediate rental income, a future primary residence, a light value-add investment, or your next fix-and-flip project, this versatile property offers endless possibilities. Beautifully landscaped with mature shade trees, lush greenery, and excellent curb appeal, the home welcomes you with an oversized driveway, attached two-car garage, and a charming covered front porch. As you step inside to an expansive, light-filled interior where ceramic tile flooring flows throughout the home. The spacious living and dining areas create an inviting atmosphere for everyday living and entertaining, while the kitchen offers abundant cabinetry, generous counter space, and a breakfast bar overlooking the main living areas. Just beyond, an oversized family room provides the perfect flex space for relaxing and entertaining. The spacious primary suite offers a peaceful retreat with generous closet space and a private en-suite bathroom.Two additional bedrooms are comfortably sized and filled with natural light, while the second full bathroom completes the functional layout. Step outside into your own private backyard oasis featuring a large covered patio overlooking a sparkling in-ground pool and an oversized, fully fenced yard. Whether you're hosting gatherings, enjoying weekends by the pool, or simply relaxing outdoors, this backyard offers exceptional privacy and endless room for pets, play, gardening, or future enhancements. Major updates have already been completed, including an 8-year-old roof, a newer A/C system less than two years old, and electrical and plumbing systems in excellent working order. The spacious two-car garage also includes the washer and dryer hookups with plenty of additional storage space. An added bonus, the irrigation system is supplied by a private well, eliminating the cost of using municipal water for lawn irrigation and helping keep utility expenses low. Currently occupied by Section 8 tenants paying $3,100 per month through March 2027, the property provides immediate, dependable cash flow. Buyers may continue collecting rental income through the remainder of the lease or negotiate a voluntary cash-for-keys agreement if they wish to occupy or renovate the home sooner. With no HOA, no rental restrictions, strong existing income, and multiple investment strategies available, this is a rare opportunity to own an exceptionally versatile property in one of West Palm Beach's most sought-after locations.
Financial Considerations
Price:
$486,999
HOA Fee:
N/A
Tax Amount:
$7311.32
Price per SqFt:
$327.95
Tax Legal Description:
PALM BEACH LAKES NORTH PLAT 1 LOT 30 BLK 3
Exterior Features
Lot Size:
10633
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
Yes
Pool Features:
In Ground
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Other
Furnished:
Yes
Floor:
Carpet, Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1976
Construction Type:
Block, Concrete, Other
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    4215 LATONA AVE
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