Under contract

536 18th St, West Palm Beach, FL 33407

Sqft
2,156

View property features, location on map, relevant school information and overview from seller's agent.

Listed bySOUTHWESTERN REAL ESTATE
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Overview

Discover a rare opportunity to own a value-add quadplex in the heart of West Palm Beach. 3 of the 4 units are currently rented under market value, generating a total monthly income of $3,750 with individual rents of $1,200, $1,250, and $1,300. Upside is huge for the experienced investor, with updated 2 bed rentals in the area fetching over $1700 per month. 10 minutes from Downtown, the beach, Worth Avenue, and so much more, this property is perfectly positioned to capitalize on some forced appreciation in addition to the area's rapid growth and natural market appreciation. With the Palm Beach International Airport nearby, this location attracts a diverse range of tenants, ensuring strong rental demand. Drive-By viewings only until receiving a qualified offer. Please do not disturb tenants.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
2,156
Year built
1925

Utilities

Heating
None
Cooling
Wall/window unit(s)
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2023)
$6,392

Public schools

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Sourced from: Beaches MLS MLS®#: F10512881 Last checked:

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