Fantastic investment opportunity across from Mar-a-Lago!!! Beautiful water view from each unit, perfect for seasonal rentals- high profits! Charming historic duplex located 1 block East of intracoastal waterway & Flagler Drive on a large lot of 5,000 S/F zoned multifamily! Very high rents in this neighborhood. Each unit is a 1 bed/ 1 bath with plenty of potential to be converted into 2 bed/ 1 bath. The upstairs unit has an office separate from the bedroom & the downstairs unit has 2 large walk in closets which could be reconfigured. Each unit is rented for $1500 per month annually however seasonal rental rates would be much higher, call for showings today!
Single-familyProperty Type
1946Year Built
5,000 sq ftLot Size
$679Est. Price/Sq.Ft.
2 spacesParking
Listed by Emily Teodor Mazilu• Home Solutions Team, LLC
Bought with Matthew McKenna• Keller Williams Realty - Wellington
Fantastic investment opportunity across from Mar-a-Lago!!! Beautiful water view from each unit, perfect for seasonal rentals- high profits! Charming historic duplex located 1 block East of intracoastal waterway & Flagler Drive on a large lot of 5,000 S/F zoned multifamily! Very high rents in this neighborhood. Each unit is a 1 bed/ 1 bath with plenty of potential to be converted into 2 bed/ 1 bath. The upstairs unit has an office separate from the bedroom & the downstairs unit has 2 large walk in closets which could be reconfigured. Each unit is rented for $1500 per month annually however seasonal rental rates would be much higher, call for showings today!
Beaches MLS #R10586236
Sep 21, 2020
Sold
$365,000
$304/sq ft
Aug 12, 2020
Contingent
—
Jul 8, 2020
Relisted
—
Jul 3, 2020
Listing Removed
—
Jul 1, 2020
Price Changed
$390,000
$325/sq ft
Jul 1, 2020
Relisted
—
Jun 27, 2020
Listing Removed
—
Jun 5, 2020
Relisted
—
Mar 6, 2020
Listing Removed
—
Jan 29, 2020
Relisted
—
Jan 13, 2020
Contingent
—
Dec 16, 2019
Listed
$425,000
$354/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,878 (+3.0%)
2024
$10,561 (+2.5%)
2023
$10,308 (+1.0%)
2022
$10,210 (+55.0%)
$351,120 + $157,273
$508,393
2021
$6,585 (+160.4%)
$168,000 + $117,432
$285,432
2020
$2,529 (+1.8%)
2019
$2,483 (+9.6%)
2018
$2,266 (+3.8%)
2017
$2,184 (+2.0%)
2016
$2,142 (−1.8%)
2015
$2,182
2014
$2,182 (+1.8%)
2013
$2,143 (+1.1%)
2012
$2,121 (−16.2%)
2011
$2,529
Tax history for 3811 Washington Rd E
Year
Property tax
Land + Additions
Assessment*
2025
$10,878 (+3.0%)
2024
$10,561 (+2.5%)
2023
$10,308 (+1.0%)
2022
$10,210 (+55.0%)
$351,120 + $157,273
$508,393
2021
$6,585 (+160.4%)
$168,000 + $117,432
$285,432
2020
$2,529 (+1.8%)
2019
$2,483 (+9.6%)
2018
$2,266 (+3.8%)
2017
$2,184 (+2.0%)
2016
$2,142 (−1.8%)
2015
$2,182
2014
$2,182 (+1.8%)
2013
$2,143 (+1.1%)
2012
$2,121 (−16.2%)
2011
$2,529
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.