Project Description

This property is located in West Palm Beach, Florida. When purchasing properties in other states, it is important to do market research on the various expenses that are specific to each community. In Florida, for example, many areas require flood insurance, there is no income tax so the property taxes are higher, the sun is much brighter so exterior maintenance needs to occur more often, and lawn maintenance is a weekly endeavor. But even with all the added expenses, the rental market has a way of leveling itself out as the average rents for a 2br/1ba unit is around $1300.

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About this property

This property is located in West Palm Beach, Florida. When purchasing properties in other states, it is important to do market research on the various expenses that are specific to each community. In Florida, for example, many areas require flood insurance, there is no income tax so the property taxes are higher, the sun is much brighter so exterior maintenance needs to occur more often, and lawn maintenance is a weekly endeavor. But even with all the added expenses, the rental market has a way of leveling itself out as the average rents for a 2br/1ba unit is around $1300.

Features
Electricity
Yes
No
Gas
Yes
No
City Water
Yes
No
Sewerage
Yes
No
Built In
1982
Energy Rating

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