4330 Gun Club Road, West Palm Beach, FL 33406

$15,250,000

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

1 / 34

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

Auction: No

List Price/SqFt: 245.95

Listing Date: 2022-02-08

Status: Closed

Original List Price: 16250000

Sold Price: $15,250,000

Current Price: $15,250,000

General Property Description

Total # of Units: 34

Property Condition: New Construction

Number of Stories: 2

SqFt - Total: 80248

Waterfront: No

SqFt Source: Tax Rolls

Gated Community: No

Development Name: Casa del Sol

Homeowners Assoc: None

Pets on Premises: Yes

HOA/POA/COA (Monthly): 0

Directions: 4330 Gun Club Rd West Palm Beach, FL 33406

Private Pool: No

Separate Elec Meters: Yes

Separate Wtr Meters: Yes

Type: Duplex

Year Built: 2021

SqFt - Living: 66070

Garage Spaces: 48

Subdivision: Casa del Sol - West Palm Beach, FL 33406

Lot SqFt: 215622

Location, Tax & Legal

Geo Area: PB21

State/Province: FL

HOPA: No Hopa

Short Sale: No

Tax Year: 2021

Zoning: Residential

Short Sale A/U: N/A

Elementary School: Berkshire Elementary School

Short Sale Addendum: No

Taxes: 155673

Middle School: Palm Springs Middle School

Multiple Ofrs Acptd: Yes

Special Assessment: No

High School: Forest Hill Community High School

REO: No

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

Office/Member Info

DXORIGMLNO: RX-10775672

DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash

Sold Price/SqFt: 230.81

Under Contract Date: 2022-03-09

Sold Date: 2022-05-23

Sold Price: $15,250,000

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

Unit 3 Info

Monthly Income: 0

Unit 4 Info

Monthly Income: 0

Income & Expenses

Gross Operating Inc: 989520

Source of Expenses

Books: 1

Owner: 1

Avail Info

Accounting: 1

Deposit: 1

Leases: 1

Other: 1

Construction

CBS: 1

Waterfront Details

None: 1

Lot Description

4 to < 5 Acres: 1

Cooling

Electric: 1

Unit 1 Desc

Dishwasher: 1

Disposal: 1

Dryer: 1

Electric Meter: 1

Kitchen: 1

Laundry: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Smoke Detector: 1

Walk-in Closets: 1

Washer: 1

Patio: 1

Heating

Electric: 1

Tenant Pays

Cable: 1

Electric: 1

Insurance: 1

Sewer: 1

Water: 1

Exterior Features

Auto Sprinkler: 1

Covered Patio: 1

Fence: 1

Open Patio: 1

Room for Pool: 1

Unit 1 Parking

Garage - Attached: 1

Unit 2 Desc

Dishwasher: 1

Disposal: 1

Dryer: 1

Electric Meter: 1

Laundry: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Smoke Detector: 1

Walk-in Closets: 1

Washer: 1

Den/Family: 1

Patio: 1

Flooring

Tile: 1

Unit 2 Parking

Carport - Attached: 1

Utilities

Electric: 1

Public Water: 1

Well Water: 1

Restrict

Buyer Approval: 1

Roof

Concrete Tile: 1

Subdiv. Amenities

Fitness Trail: 1

Maintenance Fee Incl

None: 1

Terms Considered

Cash: 1

Conventional: 1

Possession

At Closing: 1

Window Treatments

Blinds: 1

Impact Glass: 1

Storm Protection

Impact Glass: Complete

Taxes

County Only: 1

Contingencies

Inspection: 1

Income Expenses

Annual Total Expense: 239026

Annual Net Oper Inc: 750494

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 & Sales

Last Updated: May - 25 - 2022

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