SEASIDE ELEGANCE IN PALM BEACH SHORES: A RARE MULTIFAMILY GEM JUST STEPS FROM THE BEACH. Nestled in the heart of the coveted Palm Beach Shores, less than a block from pristine beach access, lies an unparalleled real estate opportunity that seamlessly blends luxury living with investment potential. Welcome to a multifamily residence, a hidden jewel offering not just a home but a lifestyle in one of Florida's most exclusive coastal communities.This extraordinary property, spanning over 6,000 square feet with 5,500 square feet of living space, stands as a testament to architectural sophistication and beachside allure. Comprising four distinct units, each with its unique charm, the residence is a harmonious blend of style, comfort, and investment potential.
Property Details
Property Features
Property Information:
Year Built: 1956
Stories: 2
Living Area: 5,392 SqFt
Listing Office:
Office Name: Logan Realty Inc
Office Phone: (561) 351-1686
Listing Agent: Rhys R Hollyman
Interior Features
Interior Information:
Flooring Type: Tile
Exterior Features
Exterior Information:
Private Pool: Yes
Waterfront: None
View: Pool
Exterior: Auto Sprinkler, Custom Lighting, Open Patio
William T. Dwyer High School, Public Magnet Grades 9-12
John F. Kennedy Middle School, Public Magnet Grades 6-8
Lincoln Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: PGA Blvd west to Singer Island follow Ocean Ave south, make a left onto Lakeside Dr then make a left onto Cascade Lane.
Price Information
Listing Price Info
Price Summary:
List Price: $4,750,000
Price Per SqFt: $881/SqFt
HOA Fees:
Amount: $0
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Number: #RX-10934869
Listing Office:
Office Name: Logan Realty Inc
Office Phone: (561) 351-1686
Listing Agent: Rhys R Hollyman
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 12:15:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$23.7K
Per Month
Principal & Interest
$23.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$14.3K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Lincoln Elementary School
1160 Avenue N
Distance between this listing and this school2.44 miles
Public District Grades PK-5
Middle School
2
/10
John F. Kennedy Middle School
1901 Avenue S
Distance between this listing and this school2.94 miles
Public Magnet Grades 6-8
High School
5
/10
William T. Dwyer High School
13601 N Military Trl
Distance between this listing and this school8.07 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Lincoln Elementary School
1160 Avenue N
Distance between this listing and this school2.44 miles
Public District Grades PK-5
Nearby Schools
6
/10
Lake Park Elementary School
410 3rd St
Distance between this listing and this school1.97 miles
Public District Grades KG-5
3
/10
West Riviera Elementary School
1057 W 6th St
Distance between this listing and this school2.35 miles
Public District Grades PK-5
Assigned Schools
2
/10
John F. Kennedy Middle School
1901 Avenue S
Distance between this listing and this school2.94 miles
Public Magnet Grades 6-8
Nearby Schools
10
/10
Bak Middle School of The Arts
1725 Echo Lake Dr
Distance between this listing and this school3.70 miles
Public Magnet Grades 6-8
4
/10
Okeeheelee Middle School
2200 Pinehurst Dr
Distance between this listing and this school3.72 miles
Public Magnet Grades 6-8
Assigned Schools
5
/10
William T. Dwyer High School
13601 N Military Trl
Distance between this listing and this school8.07 miles
Public Magnet Grades 9-12
Nearby Schools
6
/10
Inlet Grove Community High School
600 W 28th St
Distance between this listing and this school1.97 miles
Public Charter Grades 9-12
9
/10
Suncoast Community High School
1717 Avenue S
Distance between this listing and this school2.89 miles
The neighbors living near this home have an average income of $38,879. Typical income of Palm Beach County, FL residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 115 Cascade Ln in Palm Beach Shores, FL and zip code 33404. This 5,392 square foot home was built in 1956. It has been listed on Rocket Homes since November 09, 2023 and is currently priced at $4,750,000.
Over 154 listings were sold over their listed price in April 2024 in Palm Beach County, FL. In the same period over 1747 listings were sold below the listed price and 274 listings were sold for the listed price. The number of homes for sale in Palm Beach County, FL increased by 6.7% between March 2024 and April 2024. Listings spent 59 days on the market in April 2024, and had a median list price of $481,995 during the same period.
From Rocket Homes Real Estate and based on county public records data.