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- LoopNet Team
308 Northlake Dr
North Palm Beach, FL 33408
SIX UNIT MULTI-FAMILY INVESTMENT OPPORTUNITY · Multifamily Property For Sale
·
6 Units

Property Facts
| No. Units | 6 | Building Size | 5,605 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | R3, North Palm Beach | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 5,605 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | R3, North Palm Beach |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Dock
- Freezer
- Porch
- Vinyl Flooring
Site Amenities
- Dock
About 308 NORTHLAKE DR , NORTH PALM BEACH, FL 33408
PROPERTY HIGHLIGHTS: - 2- Two-Story CBS buildings with ±5,000 RSF located in the Village of North Palm Beach - Six (6) 2BR/1BA separately deeded Condo units allowing a new owner to Lease or Sell individual units - Six (6) Deeded Boat Slips give each unit its own slip with direct Intracoastal and Ocean access - Typical interior finishes include stainless steel appliances, wood laminate floors and granite countertops - Amenities include covered porches, a fenced courtyard with pool and nicely landscaped grounds - Each unit has its own individual central air and heat system. - Water views and ample natural lighting in all units through large sliding glass doors - Newly seal coated and striped onsite parking for each unit - Easy access to neighborhoods to the North and South of the property via I-95 at Northlake Boulevard OCEAN ACCESS: - Dock stringers and decking was completed replaced in 2017 which reduces maintenance for years. - Located one minute by boat from Lott Brothers Bait and Tackle with fuel dock conveniently eliminating long runs for fuel, ice and bait. - Situated on a protected waterway basin with no wake zone for protection of boats OPPORTUNITY HIGHLIGHTS: - One of the most unique waterfront multi-family investments on the market with a new owner having the opportunity to lease or sell individual units - Current Owner/New Owner controls and runs the condo association, which is in good standing. - Ideal for an owner who wants to live in a unit and have rent from units to offset mortgage payments - Take advantage of todays extraordinarily low interest rates making this an exceptional investment
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
Property Taxes
Property Taxes
- 68-43-42-17-41-000-0010
- 68-43-42-17-41-000-0050
- 68-43-42-17-41-000-0030
- 68-43-42-17-41-000-0060
- 68-43-42-17-41-000-0020
Listing ID: 18356834
Date on Market: 1/31/2020
Last Updated:
Address: 308 Northlake Dr, North Palm Beach, FL 33408
The North Palm Beach Village Multifamily Property at 308 Northlake Dr, North Palm Beach, FL 33408 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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