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115 Cascade Lane

Palm Beach Shores, FL 33404
  • $4,600,000
  • STATUS: Active
  • ON SITE: 190 Days
  • MLS #: RX-10934869
Price Reduced
UPDATED: 53 min ago
$4,600,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,392
    SQFT
  • $853
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

Description

SEASIDE ELEGANCE IN PALM BEACH SHORES: A RARE MULTIFAMILY GEM JUST STEPS FROM THE BEACH. Nestled in the heart of the coveted Palm Beach Shores, less than a block from pristine beach access, lies an unparalleled real estate opportunity that seamlessly blends luxury living with investment potential. Welcome to a multifamily residence, a hidden jewel offering not just a home but a lifestyle in one of Florida's most exclusive coastal communities.This extraordinary property, spanning over 6,000 square feet with 5,500 square feet of living space, stands as a testament to architectural sophistication and beachside allure. Comprising four distinct units, each with its unique charm, the residence is a harmonious blend of style, comfort, and investment potential.

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www.curatedresidences.com/homes/145147234
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115 Cascade Lane Palm Beach Shores, FL 33404

  • Price: $4,600,000
  • Status: Active
  • On Site: 190 Days
  • Updated: 53 min ago
  • MLS #: RX-10934869
0
Beds
0
Baths
0
½ Baths
0.2
Acres
5,392
SQFT
$853
$/SQFT
1956
Built
Neighborhood:
Palm Beach Shores
County:
Palm Beach
Area:
Palm Beach Shores
Middle School:
John F. Kennedy Middle School
High School:
William T. Dwyer High School
Property Description
SEASIDE ELEGANCE IN PALM BEACH SHORES: A RARE MULTIFAMILY GEM JUST STEPS FROM THE BEACH. Nestled in the heart of the coveted Palm Beach Shores, less than a block from pristine beach access, lies an unparalleled real estate opportunity that seamlessly blends luxury living with investment potential. Welcome to a multifamily residence, a hidden jewel offering not just a home but a lifestyle in one of Florida's most exclusive coastal communities.This extraordinary property, spanning over 6,000 square feet with 5,500 square feet of living space, stands as a testament to architectural sophistication and beachside allure. Comprising four distinct units, each with its unique charm, the residence is a harmonious blend of style, comfort, and investment potential.
Exterior Features

Carport Spaces 0.00 Construction CBS Exterior Features Auto SprinklerCustom LightingOpen Patio Lot Description < 1/4 AcreEast of US-1Paved RoadPublic RoadSidewalks Lot Dimensions 75.0 ft x 115.0 ft Private Pool Description GuniteHeatedInground Private Pool YN Yes Roof Aluminum Storm Protection Impact Glass Complete Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Unit4 Parking Space Parking View Pool Water Frontage None Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentral Flooring Tile Heating CentralCentral BuildingElectric Unit1 Desc A/C UnitBuilt-in ShelvesDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowaveRange - ElectricRefrigeratorSmoke DetectorWasher Unit1 Full Baths 1 Unit1 Furnished Yes Unit1 Sq Ft 400 Unit2 Bedrooms 3 Unit2 Desc A/C UnitBuilt-in ShelvesDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePatioRange - ElectricRefrigeratorSmoke DetectorSplit BedroomsWalk-in ClosetsWasher Unit2 Full Baths 2 Unit2 Furnished Yes Unit2 Sq Ft 1525 Unit3 Bedrooms 3 Unit3 Desc A/C UnitBuilt-in ShelvesDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePantryPatioRange - ElectricRefrigeratorSmoke DetectorSplit BedroomsWalk-in ClosetsWasher Unit3 Full Baths 2 Unit3 Sq Ft 1725 Unit4 Bedrooms 3 Unit4 Desc A/C UnitBuilt-in ShelvesDishwasherDryerElectric MeterKitchenLaundryMicrowaveRange - ElectricRefrigeratorSplit BedroomsWalk-in ClosetsWasher Unit4 Full Baths 3 Unit4 Half Baths 1 Unit4 Sq Ft 1742 Window Treatments BlindsImpact Glass

Property Features

Annual Net Operating Income 337200.00 Annual Total Expenses 70800.00 Auction No Available Info None Built Desc Resale Development Name Palm Beach Isles Gated Community No Gross Operating Income 408000.00 Hoa Fee Per Month 0.00 Homeowners Association Voluntary HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Sq Ft Total 6495.00 Subdivision Amenities Bike - JogSidewalksStreet Lights Tax Amount 14902.00 Tax Year 2023 Taxes City/CountyHomestead Tenant Pays CableCommon Area MaintElectricGasInsuranceSewerTaxesWater Terms Considered CashConventionalExchange Unit1 Monthly Income 4000.00 Unit2 Monthly Income 10000.00 Unit3 Monthly Income 10000.00 Unit4 Monthly Income 10000.00 Utilities CableElectricGas NaturalPublic SewerPublic Water Zoning DISTRI

Listing provided courtesy of Logan Realty Inc: . Listing information © 2024 BeachesMLS
 
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