1613 Sherwood AVE Active

Mangonia Park,FL 33407

$ 895900

8 Beds

4.2 Baths

3574 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,574 sqft

Price per Sqft $250

MLS Listing ID RX-11138382

Bedrooms 8

Full Baths 4

Half Baths 2

Year Built 1956

Annual Tax Amount $13,619

Tax Year 2024

Lot Size 0.276 Acres

Property Sub-Type Single Family Detached

Property Description

Discover a rare investment opportunity in West Palm Beach! This spacious 8 bedroom, 4.5-bath property offers over 3,600 sqft of living space on a large 12,037 sqft lot with parking for 12+ vehicles. Flex Suites with multiple private entrances, this home is ideal for owner-occupants seeking rental income or investors expanding their portfolio.The property currently generates approx. $8,000/month through a mix of short-term, and long-term tenants, providing strong cash flow and future upside. Recent updates include remodeled kitchens and baths (2020), a newer roof (2022), and newer A/C units. The flexible layout allows multiple configurations to rent the house for co-living strategy to maximize profits (Convert to 13 BR home). One of the cheapest house per sqft in West Palm.

Location

Subdivision Bryn Mawr

State FL

County Palm Beach

Area 5410

Zoning R-1(ci

Rooms

Other Rooms Den/Office,Laundry-Inside,Storage,Workshop

Interior

Heating Central,Electric

Cooling Central,Electric

Flooring Ceramic Tile,Vinyl Floor

Exterior

Exterior Feature Fence,Manual Sprinkler,Open Patio,Shed,Shutters

Parking Features 2+ Spaces,Carport - Attached,Driveway,Guest,RV/Boat,Special Rent

Community Features Disclosure,Sold As-Is

Utilities Available Cable,Electric,Public Sewer,Public Water

Amenities Available None

Waterfront Description None

Roof Type Comp Shingle

Exposure South

Building

Lot Description 1/4 to 1/2 Acre

Story 2.00

Foundation Block,Concrete

Schools

Elementary Schools West Riviera Elementary School

Middle Schools John F. Kennedy Middle School

High Schools Palm Beach Lakes High School

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Pets Allowed No Restrictions

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