1613 Sherwood Avenue Mangonia Park, FL 33407
$895,900
8 Beds
5 Baths
3574 SQFT
MLS#
R11138382
Type
Single Family Residence
Status
Active Listing
Square Footage
3,574
Bedrooms
8
Bathrooms
4 full | 2 half
Year Built
1956
Tax Amount
$13,619
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.
Cooling: Central Air, Electric
Storage
Walk-In Closet(s)
per month
Principal & Interest
Property Tax
Mortgage Insurance
HOA
Home Owners Insurance