3517 S Olive Avenue, West Palm Beach, FL 33405

Description of 3517 S Olive Avenue, West Palm Beach, FL 33405

Nestled in the prestigious Southland Historical District of West Palm Beach and just minutes from beaches,World famous Mar-a-Lago Country Club and City Place, are two fully furnished houses on three lots. Onehouse sits on the corner of South Olive Ave and Monroe Dr. and the other is on Monroe Dr. Both houseswere fully renovated inside and out: new kitchens with quartz countertops and stainless steel appliances,tank-less water heaters, new bathrooms, ceramic tile flooring, ceiling fans, crown molding, Rheem A/Cunits, PGT hurricane impact windows and French doors, sprinkler system, landscaping and more. Greatshort-term rental income property. Grossed $60,303 in 386 Days. Management only 10%. Houses sell for$400 a Sq. Ft. in Southland Park, these houses total approx. 2000 Sq. Ft Great Opportunity to acquire two beautiful fully furnished houses (one is 3 bedrooms and one bath and the other is a two bedroom and 1 bath) on an 8000+ Square foot corner parcel made up of three lots in the exclusive Southland Historical section of West Palm Beach where the average house is sold for $400 per square foot making these two houseswhich total of approximately 2000 Square Feet a real bargain, just one block from the Intercoastal and one mile from the Beach, bothhouses are rented as Vacation Rentals. These two houses together grossed $60,303 in the 386 days they have been vacation rentals. Expenses are minimal and the property is fully managed for 10% of Gross, making this a completely hassle-free investment. These two houses were gut renovated, so all construction is new (houses originally built in 1979), Both Kitchens have high end kitchen cabinets and Quartz Counter Tops, the houses come with recent Samsung appliances plus Washer Dryer, both houses have completely remodeled bathrooms with tubs and shower heads in both, the AC is a top of the line Rheem A/C’s, both houses have waterless hot water tanks making endless hot water, there are ceiling fans in every room and they had a professional interior designer pick and stage the furniture, all furniture, appliances and washer and dryer are included in the asking price. This is an incredible deal because owners can block off time for themselves family and friends or they can live in one house and have the other house offset a mortgage. One of the owners is a Florida Real Estate Agent.

Property Details for 3517 S Olive Avenue, West Palm Beach, FL 33405

Flooring

Ceramic Floor

Heating

Central, Electric

Cooling

Ceiling Fan(s), Central Air, Electric

Pool Private

No

Year Built Details

Resale

Building Information for 3517 S Olive Avenue, West Palm Beach, FL 33405

Building Name

Southland Park Add

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Association Fee

0

Property Information for 3517 S Olive Avenue, West Palm Beach, FL 33405

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Comp Shingle Roof, Composition Roll, Shingle

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Public Records for 3517 S Olive Avenue, West Palm Beach, FL 33405

Parcel Number

74434334090080080

Tax Annual Amount

$6,990

Tax Year

2,018

Tax Legal Description

SOUTHLAND PARK LOTS 8 TO 10 (LESS W 16 FT) BLK 8

Zoning

SF14-C3

County Or Parish

Palm Beach County

Location