1613 Sherwood Avenue Mangonia Park, FL 33407

$924,500

8 Beds

5 Baths

3574 sqft

Property Details

MLS#

RX-11138382

Type

Single Family Detached

Status

Active Listing

Square Footage

3,574

Bedrooms

8

Bathrooms

4 full | 2 half

Year Built

1956

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). Perfect for house-hacking, multi-generation living.

Listed By: HomeSmart, (407) 476-0461

Amenities

Cooling:Central, Electric

Fence

Manual Sprinkler

Open Patio

Shed

Shutters

Walk-in Closet

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Property information provided by: BeachesMLS

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