For Sale
$745,000

1441 Military Trl West Palm Beach, FL 33415

Single-family home, strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a single-family rental property located at 1441 S Military Trail, West Palm Beach, FL 33415. The property, built in 1962 and renovated in 2000, boasts 1,170 square feet of living space situated on a lot with unspecified square footage. Currently leased under a modified lease agreement expiring May 1, 2025, with 100% occupancy, this property offers immediate cash flow. The asking price is $745,000, translating to a price per square foot of $636.75. The property features a single story design and benefits from annual rent bumps of 3%. The convenient location across from Popeyes Chicken on Military Trail, just north of Forest Hill Boulevard, ensures high visibility and tenant appeal. This is a fantastic opportunity for investors seeking a stable, income-generating asset in a desirable West Palm Beach location. The property is not subject to a ground lease. This is a freehold ownership opportunity. The property is a stand-alone building.

Highlights

  • 1962-built, renovated 2000 single-family home, 1,170 sq ft, on a lot in West Palm Beach, FL.
  • Currently leased, 100% occupancy, lease expires May 1, 2025.
  • Asking price: $745,000 ($636.75/sq ft).
  • Features 3% annual rent increases.
  • Excellent location on S Military Trail, near Forest Hill Blvd, offering high visibility.
  • Free-standing building, freehold ownership, no ground lease.

Property Details for 1441 Military Trl

Property type
Residential income homes
Square Feet
1,170 SF
Year Built/Renovated
1962/2000
Stories
1
Units
1

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.656072
Longitude
-80.1128255

FAQs

What type of property is this?
Residential income home - Single-family home, strong rental income.
Where is the residential income home located?
The property is located at 1441 Military Trl West Palm Beach, FL.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: 1962-built, renovated 2000 single-family home, 1,170 sq ft, on a lot in West Palm Beach, FL.; Currently leased, 100% occupancy, lease expires May 1, 2025.; Asking price: $745,000 ($636.75/sq ft).
How can I contact the broker?
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1441 Military Trl
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