1911 Tamarind AveWest Palm Beach, FL 33407

This exceptional investment opportunity presents a 1-story, 1959-built multifamily property located at 1911 N Tamarind Ave, West Palm Beach, FL 33407, in Palm Beach County. Currently configured as a mixed-use building comprising a storefront and a single-family residence, this property is priced at $244,900. The single-family dwelling is currently rented month-to-month to a long-term tenant at a below-market rate. The storefront is currently boarded up pending renovation. Approved city plans for renovation and expansion are included in the sale, with approximately $50,000 already invested by the owner in these plans. Post-renovation, the property is projected to generate approximately $50,000 in annual gross rent. Access to the storefront will be granted only during the inspection process, following an accepted offer. It is important to note that the property requires complete remodeling, and the asking price reflects this need. This property is ideally suited for cash buyers seeking a significant return on investment in a rapidly developing area, just minutes from downtown West Palm Beach. Serious inquiries only.