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ATTENTION, INVESTORS! INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Set in beautiful West Palm Beach, the nicely maintained 31-unit Purdy Pines community sits on five sprawling acres of land and offers exceptional investment potential. This area has its own private road into the community, and there are lots of trees throughout. Within your property, there are 29 two-bedroom, two-bathroom units and two three-bedroom, two-bathroom units, featuring spacious floor plans, vaulted ceilings with fans, washer/dryer hookups and private patios. They are mostly duplexes, with some triplexes, surrounded by ample parking spaces and a very quiet setting. Many of these units have been remodeled with new Berber carpeting, new fixtures and freshly painted walls, adding further to the overall value and rental appeal. Plus, the sellers are currently installing a whole new septic system. The average rent for a unit is $800, and a full projected income potential statement on this property is available. Because most of the units here are similar, you can easily step inside one of the 31 well-designed duplexes to get a feel for the full community. A shingle/asphalt roof tops this first two-bedroom, two-bathroom duplex, which is surrounded by bushes, mature palm trees and a vibrant lawn outside. Inside, the carpeted living room features a soaring vaulted ceiling with a fan and neutrally painted walls that continue throughout and make it easy to imagine your decorating decisions inside. It extends into a dining area with a light fixture and continued carpeting. The ceramic-tiled eat-in kitchen provides ample wood cabinets, easy-care laminate countertops and a stainless steel sink. All the appliances stay, including a refrigerator, a four-burner stove/oven and a dishwasher.
Carpeting fills both bedrooms, including the master, which features a spacious walk-in closet. Attached to the master bedroom, the private master bathroom offers a shower/tub combination and ceramic tiling. The second bedroom boasts a ceiling fan and connects to a second full bath with a tiled shower/tub combo and a vanity. This quiet and established neighborhood offers a woodsy setting off the road, with lots of open, grassy areas throughout. Set between Haverhill Road and Jog Road on 54th Trail South and Laura Lane, this community is very close to shopping malls, restaurants, medical centers and highways like I-95 and the Turnpike for optimum traveling. Just 10 minutes from the beach, it’s also about 15 minutes from downtown West Palm Beach, City Place and Clematis Street. Within 40 minutes away are the sights and sounds of downtown Fort Lauderdale, and within an hour away is Miami. West Palm Beach offers a location filled with all the things that come to mind when you hear the term Sunshine State. The area’s sandy beaches, multicultural nightlife, tropical climate and incredible entertainment opportunities make it an ideal destination for so many residents and visitors, as well as a savvy setting for an investment opportunity such as this one. South Florida is known for its mix of sunshine, rich culture and thriving commerce. Virtually every city in South Florida hosts a unique lifestyle. From its waterfront communities along the ocean or the Intracoastal Waterway, to the inland cities and rural areas, it also has an abundance of historic neighborhoods spanning from West Palm Beach, all the way down to Key West. Call now to schedule your private showing of this incredible duplex/triplex community, and begin reaping the rewards of this ideal investment!
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Excellent Investment