Exceptional opportunity to acquire a 10,000 SF, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.
Listed by Benjamin Lipkin
·
License #3443432
·
LIV Real Estate Group
·
561-212-4640
Last updated August 15, 2025
·
Source: MIAMIRE #A11858108
Listing Facts
TypeMulti-family
NeighborhoodLake Park
Days on Prevu27
Taxes$28,606/year
Size10,224 sqft
Price per sqft$254
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
08/13/2025
Listed by LIV Real Estate Group
$2,600,000
Property Details for 1530 Crescent Cir
Association
General
Number Of Units In Community: 4
Exterior
Construction
Number Of Units Total: 8
Roof: Concrete
Stories: 2
Stories Total: 2
Structure Type: Quadruplex, Fourplex
Year Built: 1963
Year Built Details: Effective Year Built
Architectural Style: Attached
Building Name: LAKE PARK ADD 3
Construction Materials: Concrete Block Construction
Features
Building Features: Laundry Facility
Measurements
Building Area Total: 10,224
Building Area Units: Square Feet
Lot Features: 1/4 To Less Than 1/2 Acre Lot
Lot Size Units: Square Feet
Financial
Residential Income
Operating Expense: $59,882.00
Taxes
Parcel Number: 36434221031350010
Tax Annual Amount: $28,606.00
Tax Year: 2024
Interior
Features
Flooring: Vinyl
Measurements
Living Area: 10,224
Living Area Units: Square Feet
Other
Location
Subdivision Name: LAKE PARK ADD 3
Parking
Parking
Parking Total: 12
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Sewer: Public Sewer
Water Source: Municipal Water
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.