Save
Ask
Tour
Hide
$2,399,000
43 Days On Site
220 Walton BoulevardWest Palm Beach, FL 33405
For Sale|Multi Family|Active
0
Beds
0
Total Baths
1950
Built
Subdivision:
ESTATES OF SOUTH PALM BEA
County:
Palm Beach
Call Now: (866) 791-9790
Is this the listing for you? We can help make it yours.
(866) 791-9790
Save
Ask
Tour
Hide
Mortgage Calculator
Monthly Payment (Est.)
$10,945Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
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.
Save
Ask
Tour
Hide
Listing Snapshot
Price
$2,399,000
Days On Site
43 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.23 Acres
Year Built
1950
MLS® Number
R11084283
Status
Active
Property Tax
$41,319
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| yesterday | Listing updated with changes from the MLS® | |
| 2 days ago | Price changed to $2,399,000 | |
| a month ago | Listing first seen on site |
General Features
Acres
0.23
Property Sub Type
Multi Family
Security
Smoke Detector(s)
Stories
One
Utilities
Electricity AvailableWater Available
Zoning
MF20(c
Interior Features
Cooling
Central AirCeiling Fan(s)Electric
Flooring
TileVinyl
Heating
Central
Save
Ask
Tour
Hide
Exterior Features
Roof
CompositionShingle
Community Features
Financing Terms Available
Cash
MLS Area
5440
Listing courtesy of Woyce Realty Investments & Consulting Inc.
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 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-06-05 06:37 AM UTC
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 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-06-05 06:37 AM UTC
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.