220 Walton Boulevard

West Palm Beach, FL 33405

1 Bed(s)
2 Bath(s)
4,540 Sqft
10100
Sqft(Lot)

$2,399,000

Active

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Description

8-unit multifamily just minutes from the beach. 1 fully updated corner unit with impact windows/doors, and central ac. 4 large 1/1s and 4 standard 1/1s. current income: $150,600/year, noi: $97,208, cap rate: 4.99%. pro forma income: $209,040, noi: $155,649, cap rate: 6.49%. 3 units vacant and airbnb-ready; the other 5 are on annual leases. huge upside by converting corner units to short-term rentals--conservatively projected at $30k/unit annually. turnkey investment with strong cash flow and airbnb potential.

Property Type
Quad Plex
Subdivision
Estates Of South Palm Beach Add 1
County
Palm Beach
Style
Quad Plex
AD ID
50051353

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Property Details

Interior Features

Exterior Features

Building Information

Year Built: 1950
Built: Resale

Pool Information

Private Pool: No

Property / Lot Details

Lot Information

Lot Dimensions: 100.0 ft x 101.0 ft
10,100 Sq. Ft.

Property Information

SQ ft: 4,572
SQ ft (Living Area): 4,540
Property Detail: Quad Plex
Subdivision: ESTATES OF SOUTH PALM BEACH ADD 1

Listing Information

Listing Price Information

Original List Price: $2,399,000

Taxes / Assessments

Tax Information

Annual Tax: $41,319
Tax Year: 2024
Parcel Number: 74434334150000780

Virtual Tour, Parking, Multi-Unit Information & Homeowners Association

Virtual Tour

Virtual Tour (External Link)

Homeowners Association Information

None

School, Utilities & Location Details

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc

BuyOwner last updated this listing 06/15/2025 @ 06:02

MLS: RX-11096110
LISTING PROVIDED COURTESY OF: ,
SOURCE: Beaches MLS

220 Walton Boulevard, West Palm Beach FL 33405 is a Multifamily, with 1 bedrooms which is for sale, it has 4,540 sqft, 10,100 sized lot, and 0 parking. are nearby neighborhoods.