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$899,000   Price Analysis
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509 Mayflower Rd
West Palm Beach, FL 33405
8 bed 4 bath 3,068 SqFt ($293/SqFt)
0.24 acre lot. Built 1964
Listed 2024-01-25, Taxes $9,091
Ⓧ USDA Ineligible
due to price & location

near West Palm Beach

Great investment.

* Has Contingent Offer *

C all now to view this property.

Great investment. C all now to view this property.


Presented by AKIN CAKIR at
Heartland Realty Group LLC.
Listing Agent Photo

Property MLS #RX-10953660 from BeachesMLSFlex

Bedrooms: 8

Total Bathrooms: 4
Full Bathrooms: 4

Heating Features: Central Individual

Flooring: Terrazzo Floor
Window Features: Jalousie

Fruit Tree(s)
Open Porch

Pool Features: Freeform, Indoor
Pool Size: 0 X 0

Carport Features: 8.00
Carport Spaces: 8

Lot Description: < 1/4 Acre
Lot Size Acres: 0.2438017
Lot Size Dimensions: 100.0 ft x 106.0 ft
Lot Size Square Feet: 10620

Association: No
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 0

Gross Income: 73200.00
Tenant Pays: Cable, Electric

Number of Units: 4
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
Unit-1 Description: A/C Unit, Kitchen, Range - Electric, Refrigerator
Unit-3 Description: Unit 3 Desc: A/C Unit, Range - Electric, Refrigerator
Unit-4 Description: A/C Unit, Range - Electric, Refrigerator
Unit-1 Furnished Description: No
Unit-2 Furnished Description: No
Unit-3 Furnished Description: No
Unit-4 Furnished Description: No
Unit-1 Square Feet: 767
Unit-2 Square Feet: 767
Unit-3 Square Feet: 767
Unit-4 Square Feet: 767

Annual Tax Amount: 9940.32
Source Listing Status: Active Under Contract
County: Palm Beach
Directions: GPS.
Tax Year: 2023
Source Property Type: Residential Income
Area: 5430
Source Neighborhood: COLONIAL ESTATES
Subdivision: COLONIAL ESTATES
Zoning: SF7(ci
Property Subtype: Quad Plex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$333,598
$9,091
2021$unknown + $unknown
$303,271
$8,455
2020$unknown + $unknown
$275,701
$7,827
2019$unknown + $unknown
$250,637
$7,208
2018$unknown + $unknown
$227,852
$5,955
2017$unknown + $unknown
$207,138
$5,311
2016$unknown + $unknown
$188,307
$5,044
2015$unknown + $unknown
$171,188
$4,831
2014$unknown + $unknown
$155,625
$4,372
2013$unknown + $unknown
$141,477
$3,802
2012$unknown + $unknown
$113,261
$3,172
2011$unknown + $unknown
$163,220
$4,377
2010$unknown + $unknown
$163,220
$4,429
2008$unknown + $unknown
$229,581
$7,685
2007$unknown + $unknown
$387,051
$8,383

Price Changed 2024-06-30
$899,000
BeachesMLSFlex
Listed 2024-01-25
$949,000
BeachesMLSFlex
Listing removed 2023-02-21
$0
BeachesMLSFlex
Price Changed 2023-01-24
$995,000
BeachesMLSFlex
Price Changed 2023-01-23
$1,050,000
BeachesMLSFlex
Price Changed 2023-01-17
$1,100,000
BeachesMLSFlex
Listed 2023-01-11
$1,200,000
BeachesMLSFlex
Listing removed 2014-09-28
$125,000
JTHSMLS
Sold 2013-09-23
$350,000
JTHSMLS
Sold 2012-05-03
$115,000
Public Record
Listing removed 2012-04-18
$125,000
JTHSMLS
Listed 2012-04-13
$125,000
JTHSMLS
Listed 2011-06-01
$125,000
JTHSMLS
Listed 2005-01-10
$389,000
JTHSMLS
Sold 2005-01-04
$350,000
Public Record
Sold 1999-11-01
$150,000
Public Record

Net Operating Income: 60050.00
Operating Expense: 13150.00

Total Square Feet Living: 3068
Year Built: 1964
Construction Materials: CBS, Concrete
Living Area Source: Tax Rolls
Property Age: 60
Property Condition: Resale
Roof: Concrete Tile
Levels or Stories: 1.0
Structure Type: Quadruplex
Total Area Sqft: 3872
Year Built Details: Resale

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

Forest Hill Community High School is a public high school located approximately 0.8 miles away.
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South Olive Elementary School is a public elementary school located approximately 0.8 miles away.
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Conniston Middle School is a public middle school located approximately 1 miles away.
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St Juliana School is a private elementary and middle school located approximately 0.7 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.