This well-maintained 5-unit multifamily property offers a strong investment opportunity in the rapidly growing West Palm Beach market. Located in a desirable residential neighborhood just minutes from downtown, major employment centers, beaches, and transit options, the building provides consistent rental demand and long-term upside. The property features a mix… Read More of spacious 2- and three-bedroom units, each with functional layouts and steady rental history. Several units have been updated, and the building has been professionally managed. On-site amenities include private parking, a shared outdoor area, and individual utilities for most units, supporting lower operating costs. Units have a brand-new AC system installed in 2025, and all units will be freshly painted. Read Less
Courtesy of Dwayne Prince Barrett, Ibero Property Management & Real Estate Services [email protected]
Listing Snapshot
Days Online
69
Last Updated
Property Type
Multi Family
Square Ft.
3,504
Lot Size
0.13 Acres
Year Built
1949
MLS Number
R11167068
30 Days Snapshot Of 33407
$353k
-26%
(avg) sold price
12
+9%
homes sold
133
+11%
(avg) days on market
Snapshot
Area Map
Additional Details
Tenant Pays
"Sewer", "Electricity", "Water"
Building
Built in 1949, Building features: "Fenced Area", "Free Standing", Construction materials: "CBS", "Stucco", Toal building area: 3504, 5 total units
Cooling
"Central Air", "Central Building", "Electric"
Floors
"Tile", "Vinyl"
Heating
"Central", "Electric"
Lot
0.13 acres
Property
Zoning: SF11(c
Roof
"Composition"
Security Features
"Smoke Detector(s)"
Sewer
"Public Sewer"
Taxes
Annual amount: $15,983
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