220 Walton Boulevard

West Palm Beach, FL 33405
Square Ft.
4,540
$2,399,000
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 5Read MoreRead Less
Courtesy of Woyce Realty Investments & Consulting Inc. 561-599-3790
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Listing Snapshot
Days Online
2
Last Updated
Property Type
Quad Plex
Square Ft.
4,540
Lot Size
0.23 Acres
Year Built
1950
MLS Number
RX-11096110
30 Days Snapshot Of 33405
$3.15M
+88%
(avg) sold price
23
-37%
homes sold
97
-23%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
4,540 total living square feet, 4,572 total square feet, Built in 1950, 1 story, Year built description: Resale, Square footage source: Tax Rolls, Unit 1 is 643 square feet, Unit 2 is 500 square feet, Unit 3 is 500 square feet, Unit 4 is 643 square feet, CBS, A/C Unit, Electric Meter, Microwave, Range - Electric, A/C Unit, Electric Meter, Microwave, Range - Electric
Cooling
Central, Electric
Exterior Features
None
Floors
Tile, Vinyl Floor
Heating
Central
Interior Features
Unit 1 furnished?: No, Unit 2 furnished?: No
Lot
Lot dimensions: 100.0 ft x 101.0 ft, 10,100 lot square feet, < 1/4 Acre
Miscellaneous
Business type: None, Unit 1 monthly income: $1,950, Unit 2 monthly income: $1,600, Unit 3 monthly income: $1,700, Unit 4 monthly income: $0, Gross operating income: $209,040, Annual total expense: $53,340, Annual net operating income: $155,700, Cable, Electric, Cash, Conventional
Parking
Space Parking, Space Parking
Property
Property type: B, Zoning: MF20(c, Waterfront: No, None
Roof
Comp Shingle
Taxes
Real estate taxes: $41,319, Tax year: 2024, No Homestead
Utilities
0.00 meter, Electric, Public Sewer
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