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- MLS® #: RX-11038134
- 805 20th St #a,b,c
- West Palm Beach, FL 33407
- $850,000
- 10 Beds, 4 Bath, 2,944 SqFt
- Multi-Unit
### **Investor-Focused Property #### **Exceptional Multi-Unit Income Opportunity** This unique property offers a **front single-family home** and a **rear duplex**, providing **multiple streams of rental income** in a high-demand market. Located in the revitalizing Northwood district, just 1.8 miles from downtown West Palm Beach, this property is an ideal investment for long-term cash flow and appreciation!! **Property Breakdown** ###According to West Palm Housing Authority, Rates for 3 bed = $2,590 and 4 Bed = $3,130###**Front Single-Family Home** -3 Bed, 1 Bath | 1,600 Sq. Ft.- Tenant occupied for 6 years at $2,400/month (below market)**Lease ends July 31, 2025 -Potential income $2,590/month A/C: 2018, Water Heater 2014****Rear Duplex** Unit 803B (4 Bed/2 Bath -Upstairs) Vacant, potential income $3,130/month A/C: 20 **Unit 803A (3 Bed/1 Bath - Downstairs - Tenant paying $1,575/month (below market). - Potential Income $2,590/month - Features newer wall unit A/Cs water heater 2016 - Lease ends: January 31, 2025** **Additional Features** - Utilities - 3 electric meters, 1 shared water meter (avg. $300/month). - Lawn care Approx $60/month. **Investment Highlights** **Immediate Upside - Rents are currently below market, providing an opportunity to increase income to West Palm Housing Authority standards, which total **$8,310/month** across all units. **Strong Rental Demand - Proximity to employment hubs, cultural attractions like Clematis Street, and convenient transportation access (I-95, Brightline, Palm Beach International Airport). **Area Revitalization -The Northwood area is undergoing growth and development, driving increased property values and demand. **Strategic Location - Just steps from Northwood Historic District and 1.8 miles from downtown West Palm Beach. #### **Why Invest Here?** The property's location, combined with its strong rental income potential and appeal to both market-rate and public housing rates , makes it an ideal investment for steady cash flow and future growth. With proximity to cultural, professional, and transportation hubs, this is a prime opportunity in one of South Florida's most promising areas. Don't miss this chance to maximize your portfolio with this income-generating, multi-unit property!
View Virtual TourEssential Information
- MLS® #RX-11038134
- Price$850,000
- CAD Dollar$1,192,763
- UK Pound£678,345
- Euro€815,895
- HOA Fees0.00
- Bedrooms10
- Bathrooms4.00
- Full Baths4
- Square Footage2,944
- Year Built1929
- TypeMulti-Unit
- Sub-TypeTriplex
- RestrictionsNone
- StyleNo
- StatusPrice Change
Community Information
- Address805 20th St #a,b,c
- Area5420
- SubdivisionWASHINGTON HEIGHTS
- CityWest Palm Beach
- CountyPalm Beach
- StateFL
- Zip Code33407
Amenities
- WaterfrontNone
Utilities
3-Phase Electric, Public Water, Water Available
Interior
- HeatingCentral, Window/Wall
- CoolingWall-Win A/C, Central
- # of Stories2
Exterior
- Exterior FeaturesOpen Porch
- Lot Description< 1/4 Acre
- RoofComp Shingle
- ConstructionMixed
- Office: The Keyes Company
Property Location
805 20th St #a,b,c on www.jupiteroceanfrontcondos.us
Offered at the current list price of $850,000, this home for sale at 805 20th St #a,b,c features 10 bedrooms and 4 bathrooms. This real estate listing is located in WASHINGTON HEIGHTS of West Palm Beach, FL 33407 and is approximately 2,944 square feet. 805 20th St #a,b,c is listed under the MLS ID of RX-11038134 and has been available through www.jupiteroceanfrontcondos.us for the West Palm Beach real estate market for 5 days.Facts About West Palm Beach, FL
One of West Palm Beach's favorite venues for a cold drink and some nice South Florida relaxation is E.R. Bradley's Saloon. This open air restaurant is a frequent stop for both locals and tourists.
The Museum at Ragtops Motorcars is one of West Palm Beach most interesting attractions. It has housed some of the most interesting 1950s and 1960s memorabilia since it opened in 1908.
Looking for great shopping and entertainment in West Palm Beach Florida? Look no further than Clematis Street. It is home to some of West Palm Beach's most vibrant and entertaining shops, restaurants and nightclubs.
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Listing information last updated on November 24th, 2024 at 4:45am CST.