For Sale
$745,000

1441 Military TrlWest Palm Beach, FL 33415

Single-family home, strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
114
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
1441 Military Trl, West Palm Beach, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1441 Military Trl
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message