by Global Lifestyle Properties

See Home Value
$1,125,000
● Multifamily - Off Market

616 Claremore Drive

West Palm Beach, FL 33401
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,371 Ft²
$1,184,401
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Large Flamingo Park Compound! Wonderful 1925 Hansel Hall home with 2 guest cottages on large 10,795 sq-ft lot. The 2BR/1BTH main home features a beautiful open-air porch that opens into the living room with hardwood floors throughout. The living room leads into the formal dining room & kitchen with a full pantry & utility room with washer/dryer. The first guest cottage is a 1/2 & features tile flooring throughout, large living area, central & mini-split A/C, impact windows, pool, washer/dryer, and vaulted bedroom ceilings. The 2nd guest cottage is an efficiency with kitchen, mini-split & wall A/C, full bath, washer/dryer, and private yard space. Main house rented $2600 through 11/14/22, efficiency rented $1100 through 4/30/21, large cottage owner occupied. 3 electric meters, 1 water meter. Income is based on actual rents for main houe and efficiency.  Calculated income on owner occupied cottage at $2,500 monthly potential.
Unit Size
2,371 Ft²
Days on Market
63 days
Land Size
0.25 acres
Price per sqft
$462
Property Type
Multifamily
Property Taxes
$991
HOA Dues
-
Year Built
1925

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Beaches MLS #R10757040)

Price History

Date / Event Date Event Price
Jan 13, 2022 Sold
Sold
Nov 5, 2021 Listed by Coldwell Banker/ WPB $1,095,000
Listed by Coldwell Banker/ WPB
Mar 16, 2015 Sold
Sold
Dec 14, 2005 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2010
  • Building Count: 3
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 34
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 6
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 3
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 378
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,790
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,704
  • Gross Building Area: 2,704
  • Building Area: 1,974
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,974
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLAMINGO PARK
  • Land Acres: 0000000248
  • Standard Land Use Code: 1110
  • County Land Use Code: 0800
  • Legal Description 1: FLAMINGO PARK LT 2 & W 35 FT OF LT 3 BLK 23

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 002800

Zoning

  • Zoning: SF14-C2

Geography

  • Assessors Map Reference: 162
  • Parcel: 74-43-43-28-06-023-0020
  • Block: 23
  • Lot: 2,3
  • Meridian: SEC 28 TWN 43S RNG 43E
  • Municipality: WEST PALM BEACH
  • Latitude: 26.6944
  • Longitude: -80.0579

    Address

  • Full Address: 616 Claremore Dr
  • Address - House Number: 616
  • Address - Street Name: Claremore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C047
  • 4-Digit Zip Code: 7636
  • Zip Code: 33401

Valuation

    Tax

  • Total Area: 2,260
  • Tax Year: 2023
  • Tax Amount: $2,128,567
  • Tax Rate Code Area: 74402

    Appraisal Valuation

  • Standard Deviation: 0.4969
  • Valuation Date: Apr 03, 2024
  • Final Value: 1,168,181
  • High Value: 1,748,666
  • Low Value: 587,695

    Market Valuation

  • Market Total Value: $999,489
  • Market Land Value: $540,000
  • Market Improvement Value: $459,489

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $999,489

    Sales

  • Current Sale Contract Date: Jan 07, 2021
  • Current Sale Recording Date: Jan 13, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18182
  • Previous Sale Recording Date: Mar 16, 2015
  • Previous Sale Contract Date: Mar 13, 2015
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Flamingo Park


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 184 Sunset Avenue, Palm Beach, FL, 33480

$5,950 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
184 Sunset Avenue #303, Palm Beach, FL, 33480 Listing by Nicholas Sliva
Unit for rent at 724 Park Place, West Palm Beach, FL, 33401

$8,250 /mo

  • 4 Beds
  • 3 Baths
  • 3,258 ft²
724 Park Place, West Palm Beach, FL, 33401 Listing by Marisa L DiLenge
Unit for rent at 801 S Olive Avenue, West Palm Beach, FL, 33401

$5,900 /mo

  • 1 Bed
  • 1 Bath
  • 1,415 ft²
801 S Olive Avenue #226, West Palm Beach, FL, 33401 Listing by Imran Gunes


Frequently Asked Questions

When was property at 616 Claremore Drive built and last sold?
The property at 616 Claremore Drive was built in 1925 and last sold on Jan 7, 2021 for $1,125,000.
How much is this home worth?
The estimated value of the home located at 616 Claremore Drive is $1,776,736.
What are some comparable homes to 616 Claremore Drive?
There are currently no comparable homes to 616 Claremore Drive.