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DEALS 116 W 15th Street, West Palm Beach FL 33404 GREAT PRICE- $559,000 ARV: $1,200,000 Estimated cost of repairs (contractor's estimate): $150,000 (mostly cosmetic, some electrical) Number Of Units: 24 1/1's: 4 Efficiencies: 10 Hotel Rooms W/O Kitchen: 10 CONSTRUCTION TYPE:CBS SQUARE FEET: 7250 Built in 1956 CURRENT RENTS: $4,500 PROJECTED RENTS: $15,000 Taxes FY 07: $6631 HUGE undeveloped 1/3 acre lot in rear of property zoned residential! No association fees. This property is in an area that is being extensively redeveloped for a new inland marina. Property values in this area will skyrocket once the new developments are made. This would be a fantastic rental for any portfolio! Excellent income potential! If you have any further questions or would like to see the property feel free to call. Thanks! AJ EMAIL ME Call: (305) 968-5242 FAX: (425) 955-5225 Pictures: CLICK HERE for an aerial view of the neighborhood