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ListDeed
Note for sale

Mortgage Note Available · Single Family in West Palm Beach, FL

501 S Flagler Dr, West Palm Beach, FL · Listed Jan 2025

Property typeMultifamily
Units3
Beds / baths6 / 2.5
Living area1,933 sqft
Lot0.13 acres
Year built1971

About this deal

Performing mortgage note secured by a single-family home located at 501 S FLAGLER DR, West Palm Beach, FL. Face value $325,000. Note is current; borrower paying on time with a solid equity cushion. Ideal for note investors seeking passive income backed by real property collateral.

The numbers

Cap rate
10.6%
Net operating income
$15,972/yr
Cash flow
+$1,331/mo
Occupancy
2 of 3 units

Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.

Who can make an offer

The seller only takes offers from buyers who meet these requirements.

  • Expert credibility level or higher