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$770000   Price Analysis
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1831 Fairview Villas Dr Apt 4
Palm Springs, FL 33406
8 bed 8 bath 880 SqFt ($875/SqFt)
Built 1977
Listed 2024-07-16, HOA $454, Taxes $2137
Ⓧ USDA Ineligible
due to price & location

near Palm Springs

4 Units for sale in same Community.

Not connected. 3 Units are month to month well under market value. HOA includesCable; Common Areas; Insurance-Bldg; Maintenance-Exterior; Management Fees; Pool Service; Roof Mintenance; Water.

Rents At Mkt Value, Cap rate could potential ly exceed 8%


Presented by Lloyd Taylor at
Tailored Realty Llc.
Listing Agent Photo

Property MLS #RX-11004676 from BeachesMLSFlex

Bedrooms: 8

Total Bathrooms: 4 / 4
Full Bathrooms: 4
1/2 Bathrooms: 4

Cooling Features: Central
Heating Features: Central

Flooring: Tile, Vinyl Floor

Open Patio
Screen Porch

Lot Description: Paved Road, Public Road

Association: Yes
Association Amenities: Cable, Common Areas, Common R.E. Tax, Insurance-Bldg, Maintenance-Exteior, Management Fees, Roof Maintenance, Water
Association Fee: 454
Association Fee Amenities: Pool
Calculated Total Monthly Association Fees: 454
Association Name: Mandatory

Gross Income: 71400.00
Tenant Pays: Electric
Application Fee: 300.00

Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Half Bathrooms in Unit-1: 1
Half Bathrooms in Unit-2: 1
Half Bathrooms in Unit-3: 1
Half Bathrooms in Unit-4: 1
Unit-1 Description: A/C Unit, Kitchen, Patio, Refrigerator
Unit-3 Description: Unit 3 Desc: A/C Unit, Kitchen, Patio, Range - Electric, Refrigerator
Unit-4 Description: A/C Unit, Patio, Range - Electric, Refrigerator
Unit-1 Furnished Description: No
Unit-2 Furnished Description: No
Unit-3 Furnished Description: No
Unit-1 Square Feet: 880
Unit-2 Square Feet: 880
Unit-3 Square Feet: 880
Unit-4 Square Feet: 880

Annual Tax Amount: 2383.40
Source Listing Status: Active
County: Palm Beach
Directions: Just west of Congress south of Forest Hill Blvd.
Tax Year: 2023
Restrictions: Buyer Approval, Lease OK, Maximum # Vehicles, No RV, Pet Restrictions
Source Property Type: Residential Income
Area: 5490
List Development Name: Fairview Villas
Source Neighborhood: FAIRVIEW VILLAS CONDO
Subdivision: FAIRVIEW VILLAS CONDO
Zoning: RM(cit
Property Subtype: Quad Plex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$80170
$2137
2021$unknown + $unknown
$72882
$1933
2020$unknown + $unknown
$66256
$1822
2019$unknown + $unknown
$60233
$1711
2018$unknown + $unknown
$54757
$1546
2017$unknown + $unknown
$49779
$1396
2016$unknown + $unknown
$45254
$1314
2015$unknown + $unknown
$41140
$1196
2014$unknown + $unknown
$37400
$1105
2013$unknown + $unknown
$34000
$1009
2012$unknown + $unknown
$33000
$992
2011$unknown + $unknown
$33000
$1000
2010$unknown + $unknown
$30000
$929
2008$unknown + $unknown
$36000
$441
2007$unknown + $unknown
$36811
$314

Listed 2024-07-16
$770000
BeachesMLSFlex
Sold 2012-02-01
$40000
Public Record

Net Operating Income: 39432.00
Operating Expense: 31968.00

Total Square Feet Living: 880
Year Built: 1977
Construction Materials: CBS
Living Area Source: Tax Rolls
Property Age: 47
Property Condition: Resale
Roof: Mansard
Levels or Stories: 2.0
Structure Type: Villa
Total Area Sqft: 880
Year Built Details: Resale

Electric: Yes
Cable
Electric
Public Sewer
Public Water
Water Source: Public Water

Palm Springs Middle School is a public middle school located approximately 0.8 miles away.
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Berkshire Elementary School is a public elementary school located approximately 1.2 miles away.
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Forest Hill Community High School is a public high school located approximately 1.7 miles away.
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Atlantis Academy Palm Beaches is a private elementary, middle and high school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.