About 8719 40th Ter N
Welcome to this completely remodeled duplex nestled on a spacious 0.44-acre lot in the heart of Palm Beach Gardens. This stunning property offers a fantastic opportunity for both investors and owner-occupants, featuring two fully renovated 2-bedroom, 1-bathroom units with modern upgrades throughout. Recently updated in 2022, the home boasts a new metal roof, a fully remodeled interior, and brand-new windows, ensuring durability and energy efficiency. One unit is currently rented at $2,200/month, well below the market rate of $2,400 per unit, presenting the potential for an impressive 8% return. The second unit is vacant, making it perfect for an owner looking to live in one unit while renting the other or for an investor seeking a high-performing rental property. As you arrive, you'll be
Features of 8719 40th Ter N
MLS® # | RX-11058894 |
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Status | Closed |
Sold Price | $545,000 |
Fee Includes | None |
Bedrooms | 4 |
Bathrooms | 2.00 |
Full Baths | 2 |
A/C Square Footage | 2,034 |
Total Square Footage | 2,034 |
Acres | 0.44 |
Year Built | 1969 |
Sub-Type | Duplex |
Style | No |
Restrictions | None |
Community Information
Address | 8719 40th Ter N |
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Subdivision | PALM BEACH GARDENS |
City | Palm Beach Gardens |
County | Palm Beach |
Zip Code | 33410 |
Amenities
Utilities | Cable, 3-Phase Electric, Public Water, Septic |
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View | Other |
Waterfront | None |
Has Pool | No |
Utilities | Cable, 3-Phase Electric, Public Water, Septic |
Interior
Heating | Central, Electric |
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Cooling | Central, Electric |
# of Stories | 1 |
Exterior
Exterior Features | Fence, Shed, Well Sprinkler, Open Porch, Room for Pool |
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Lot Description | West of US-1, 1/4 to 1/2 Acre, Paved Road, Public Road |
Windows | Blinds |
Roof | Metal |
Construction | Block, CBS, Concrete |
School Information
Elementary | Grove Park Elementary School |
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Middle | John F. Kennedy Middle School |
High | Palm Beach Gardens High School |
Additional Information
Date Listed | February 4th, 2025 |
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Date Sold | March 10th, 2025 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Re/Max Direct |
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