Sold
Closed
604 SW 35th Street
Palm City FL, 34990
$7,000,000
Sold
Closed
Commercial
Built in 1985
Rare investment opportunity in Old Palm City historic district. This 48-unit multi-family property consisting of 36 one-bedroom and 12 two-bedroom units has been meticulously cared for and updated. With renovations completed from 2021-2023, this property boasts new standing seam metal roofs on all buildings, impact windows and doors throughout, and state-of-the-art water conditioning systems for three of the five buildings. Over 50% of the units have been recently updated with new tile floors and wood cabinets. Within walking distance from the St. Lucie River, Palm City Apartments is close to schools, the Cleveland Clinic, Interstate 95, and the Florida Turnpike. Its apartments have maintained 100% occupancy for the past five years and continue to be in high demand. This turnkey, low-mai
R10927120
MLSⓇ ID
October 12, 2023
Listed
November 22, 2024
Updated
Map
604 SW 35th Street
Palm City FL, 34990
Interior Features
Total Stories
2
Floor Description
Carpet, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
3.62 Acres
Roof
Metal
Other Property Details
Taxes
$11,314
Tax Frequency
Annually
Days on Market
23
Garage
No
View
No
County
Martin County
Water Source
Well
Pool
No
Listing History
Date | Event | Price |
---|---|---|
1/29/2024 | Sold | $7,000,000 |
12/23/2023 | Pending | — |
11/10/2023 | Under contract | — |
10/30/2023 | Active | — |
10/24/2023 | Under contract | — |
Listed by: The Keyes Company - Jensen Bea
Listing Contact:
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Data last updated 4:11 PM UTC, 11/22/2024