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Lara Lena Apartments 320 20th St

16 Unit Apartment Building $8,645,400 CAD ($540,337 CAD/Unit) West Palm Beach, FL 33407

Investment Highlights

  • Fully Renovated
  • New Appliances
  • Commercial Retail Space On first Floor
  • New Central Air Conditions
  • Moderned style

Financial Summary (Pro forma - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $8,645,400 CAD
Price Per Unit $540,337 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • High Vacancy Property
No. Units 16
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.14 AC
Construction Status Under Renovation
Building Size 10,630 SF
Average Occupancy 10%
No. Stories 2
Year Built/Renovated 1924/2024

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 $2,882 CAD 600
Studios 8 $2,594 CAD 500
Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
74-43-43-10-19-002-0082
Land Assessment
$235,047 CAD (2023)
Improvements Assessment
$1,786,327 CAD (2023)
Total Assessment
$2,021,374 CAD (2023)

zoning

Zoning Code CMUD-TRA - CMUD-TRANS (CMUD-TRA - CMUD-TRANS. CURRIE MIXED-USE (74-WEST PALM BEACH) Use 1200 STORE/OFFICE/RES)
CMUD-TRA - CMUD-TRANS (CMUD-TRA - CMUD-TRANS. CURRIE MIXED-USE (74-WEST PALM BEACH) Use 1200 STORE/OFFICE/RES)
  • Listing ID: 34305709

  • Date on Market: 2024-12-27

  • Last Updated:

  • Address: 320 20th St, West Palm Beach, FL 33407

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