$16,250,000
4330 Gun Club Road
West Palm Beach, FL 33406
MLS# RX-10775672
Status: Closed
66070 sqft


4330 Gun Club Road, West Palm Beach, FL 33406
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4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406 4330 Gun Club Road, West Palm Beach, FL 33406

Property Description
The community of Casa del Sol is a rare opportunity to acquire a fully occupied, newly built, rental community located in the highly sought West Palm Beach, Florida market. The twenty-nine, 3 bedroom, 2.5 bath townhomes w/ attached garages are in high demand and are generating record rents. Further opportunity to build between 5 and 30 additional units exists. An undeveloped parcel of just under 1.5 acres is included in the sale and a preliminary site plan exists. Features include: CBS construction, impact windows & doors, open layouts, modern finishes, high ceilings, quartz surfaces, & stainless-steel appliances. There is no better opportunity to enter into one of the most in-demand markets in the country. Verification of funds and/or lending commitment and signing an NDA is required.

Details
Maps
Contract Information
Listing Date: 2022-02-08
Status: Closed
Original List Price: 16250000
Auction: No
List Price: $16,250,000
Current Price: $15,250,000
List Price/SqFt: 245.95
General Property Description
Type: Duplex
Total # of Units: 34
Property Condition: New Construction
Year Built: 2021
Number of Stories: 2
SqFt - Total: 80248
SqFt - Living: 66070
SqFt Source: Tax Rolls
Gated Community: No
Garage Spaces: 48
Homeowners Assoc: None
Directions: 4330 Gun Club Rd West Palm Beach, FL 33406
Subdivision: Casa del Sol - West Palm Beach, FL 33406
Development Name: Casa del Sol
Lot SqFt: 215622
Waterfront: No
Private Pool: No
Pets on Premises: Yes
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location Tax Legal
Area: 5480
County: Palm Beach
Parcel ID: 00424401370010000
Street #: 4330
Street Name: Gun Club
Street Suffix: Road
Zip Code: 33406
Legal Desc: CASA DEL SOL
Geo Lat: 26.672576
Geo Lon: -80.108796
Status Change Info
Under Contract Date: 2022-03-09
Sold Date: 2022-05-23
Sold Price: 15250000
Terms of Sale: Cash
Sold Price/SqFt: 230.81
Unit 1 Info
Bedrooms: 3
Full Bath: 2
Half Bath: 1
Furnished: No
SqFt: 2612
Monthly Income: 3200
Unit 2 Info
Bedrooms: 3
Full Bath: 2
Half Bath: 1
Furnished: No
SqFt: 2184
Monthly Income: 2795
Income Expenses
Annual Total Expense: 239026
Annual Net Oper Inc: 750494
Storm Protection
Impact Glass: Complete
Property Features
Source of Expenses: Books; Owner
Construction: CBS
Waterfront Details: None
Unit 1 Desc: Dishwasher; Disposal; Dryer; Electric Meter; Kitchen; Laundry; Microwave; Range - Electric; Refrigerator; Smoke Detector; Walk-in Closets; Washer; Patio
Unit 1 Parking: Garage - Attached
Unit 2 Desc: Dishwasher; Disposal; Dryer; Electric Meter; Laundry; Microwave; Range - Electric; Refrigerator; Smoke Detector; Walk-in Closets; Washer; Den/Family; Patio
Unit 2 Parking: Carport - Attached
Lot Description: 4 to < 5 Acres
Exterior Features: Auto Sprinkler; Covered Patio; Fence; Open Patio; Room for Pool
Maintenance Fee Incl: None
Tenant Pays: Cable; Electric; Insurance; Sewer; Sewer; Water
Restrict: Buyer Approval
Flooring: Tile
Cooling: Electric
Heating: Electric
Roof: Concrete Tile
Terms Considered: Cash; Conventional
Utilities: Public Water; Well Water
Window Treatments: Blinds; Impact Glass
Taxes: County Only
Avail Info: Accounting; Deposit; Leases; Other
Possession: At Closing
Contingencies: Inspection

Listing Office: Mangrove Property Management

Last Updated: May - 25 - 2022

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