Address
3201 Drew Way Palm Springs, FL
Price
$ 470,000
Property Attributes
  • MLS#RX-10748849
  • TypeBackup
  • CountyPALM BEACH
  • CityPalm Springs
  • Area5490
  • NeighborhoodDrew Manor
  • Zip33406
  • StyleRanch
  • Year Built1954
  • Taxes$ 6202
  • Price$ 470,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1691
Listing Provided Courtesy Of:
True Floridian Realty
Data Source:
Beaches MLS
Property Description

Opportunity Knocks!! This property sits on over 1/2 acre of land located in beautiful Palm Springs. This is a spectacular investment opportunity with an approximate 8% cap rate! There are 2 tenants in place leasing month to month and the 3rd tenants are leased until Feb 26th, 2022. The main house boast 2 bedrooms, 1 full bath plus a den that can be converted easily to a 3rd bedroom. The home also features a studio with its own private entrance, a kitchenette, and 3/4 bathroom. The Guest house has its own private parking space with plenty of room for a boat, truck or RV. Inside features a full kitchen overlooking a spacious living room, 1 bedroom, 1 full bath and an oversized mud room which could be used for storage or laundry/pantry. This beautiful lot has so much potential!

Price History
9/30/2021 Listed $470,000

General Features

Adult 55+ No Hopa
Area 5490
Auction No
Carport Spaces 1.00
Club Membership No
Construction CBS
Contingent Active Under Contract
Cooling Wall-Win A/C
Equity Purchase No
Exterior Features Fence, Shed
Flooring Carpet, Laminate, Tile
Full Baths 2
Geo Area PB21
Geo Lat 26.641301
Geo Lon -80.091748
Governing Bodies None
HOA None
HOA/POA/COA (Monthly) 0.00
Half Baths 1
Heating Window/Wall
Interior Features None
Legal Description DREW MANOR LT 18
Membership No Membership Avail
Membership Fee Required No
Number of Garage Spaces 0.00
Parking Carport - Attached, Covered, Driveway
Pets Allowed Y/N Yes
Possession At Closing
Property Type A
REO No
Restrict None
Roof Comp Shingle
Rooms Den/Office, Laundry-Util/Closet
Security None
Short Sale No
Special Info Sold As-Is
Status Active Under Contract
Subdivision Drew Manor
Tax Year 2020
Taxes 6202.00
Terms Considered Cash, Conventional, FHA, VA
Type Single Family Detached
Utilities Cable, Electric
Virtual Tour https://www.propertypanorama.com/3201-Drew-Way-Palm-Springs-FL-33406/unbranded
Waterfront None
Waterfront No
Year Built 1954
Zoning RS

Interior Features

Equip/Appl Included Dishwasher, Range - Electric, Refrigerator, Washer/Dryer Hookup
Furnished Y/N Unfurnished
Master Bedroom/Bath None
SqFt - Living 1691.00
Total Bathrooms 2.10
Total Bedrooms 4
Total Floors/Stories 1.00

Exterior Features

Design Ranch
Guest House Yes
Lot Description 1/2 to < 1 Acre
Private Pool Y/N No
Storm Protection None
Subdiv. Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Backup Average in 33406

Price
AVG $760K
$470K
Taxes
AVG $3,041
$6,202
Visits
AVG 40
32
Year Built
AVG 1978
1954
Walkscore
AVG 36
53
Data Provided by Walkscore ® not using MLS data

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