Estates Of South Palm Bea Multifamily For Sale
220 Walton Boulevard, West Palm Beach, FL 33405

$2,399,000
En venta
Mila Bogatov
Mila Bogatov
Corredor Inmobiliario

Detalles


  • Número MLS:R11084283
  • Tour virtual:
  • Precio: $2,399,000
  • Impuesto anual:$41,319
  • Año de construcción:1950
  • Fecha de listado:April 23, 2025
  • Días en el Mercado:113

Descripción


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.

Características


  • Piso:Tile, Vinyl
  • Característica exterior:

Localización


Información requerida
Mila Bogatov
Mila Bogatov
Corredor Inmobiliario