1658 Lone Pine Way, Palm Springs, FL 33406 | HotPads
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This pad was taken off the market on 6/19/18.

$1,500,000

No longer available
7 beds
6 baths
3,024 sqft

1658 Lone Pine Way
Palm Springs, FL 33406

Duplex

Highlights
  • Updated 5 days ago
  • Central A/C
Description
AMAZING INVESTMENT OPPORTUNITY! 3 UNITS ON A HALF ACRE COMMERCIAL LOT! One structure is a duplex with one unit having 3 bedrooms & 2 baths while the other unit has 2 bedrooms & 2 baths and is nearly 2,000 sq ft. The second structure is a 2 bedroom & 1 bath with just under 1,100 sq ft. Half acre lot zoned commercial with mobile homes also generating income and could potentially support a third unit (Buyer must use own due diligence). Property is currently generating $3,700/month in rental income with month-to-month tenants. 7+% return on your investment. Located in the heart of West Palm Beach located right off of Forest Hill Blvd & Congress Ave with easy access to both I-95 & The Turnpike. All sizes & measurements are approximate.
Amenities
Property amenities
  • Central Air Conditioning
  • MLS Listing ID: RX-10382754
  • Stories: 1
  • Year Built: 1965
    Pricing comparison
    $1,025,316
    At $1,500,000, this home is priced $1,025,316 more than the current market rate for a 7 bedroom home in Palm Springs.
    Other 7 bedroom homes...
  • in Palm Springs go for $474,684
  • in Palm Beach County go for $2,550,000
  • in 33406 go for $474,684
  • Nearby schools
    6
    6
    3
    Students who live in this sale at 1658 Lone Pine Way attend the following Palm Beach Schools (Unified School District) public schools:
    AllPrimaryMiddleHigh
    6
    out of 10
    Berkshire Elementary School
    Public
    Grades PK - 5
    1.0 miles
    6
    out of 10
    Palm Springs Community Middle School
    Public
    Grades 6 - 8
    0.8 miles
    3
    out of 10
    Forest Hill Community High School
    Public
    Grades 9 - 12
    1.6 miles
    Showing 3 of 3 schools.
    Disclaimer: Historically, GreatSchools ratings have been based solely on a comparison of standardized test results for all schools in a given state. As of September 2017, the GreatSchools ratings also incorporate additional information, when available, such as college readiness, academic progress, advanced courses, equity, discipline and attendance data. GreatSchools ratings are designed to be a starting point to help parents compare schools, and they should not be the only factor used in selecting the right school for your family. Learn more.
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