515 N Sapodilla Avenue
West Palm Beach, FL 33401
Square Ft.
5,652
$2,195,000
Rare Turnkey Multifamily Asset in the Heart of Downtown West Palm Beach*Fully renovated and fully occupied! 7-unit income-producing property consists of six (6) 2BR/1BA apartments and one detached 5BR/2BA single-family home, offering a strong unit mix ideal for stable cash flow. Every unit has been updated within the last 12… Read More months -- including **NEW ROOFS**, kitchens, baths, flooring, plumbing, electrical, lighting, appliances, hardware, paint (interior/exterior), and refreshed landscaping. **All heavy lifting is done -- just collect rent**Located in a high-demand growth corridor just blocks from Downtown West Palm Beach -- nationally recognized as ''Wall Street South'' -- this asset is positioned to benefit from major public and private investments nearby, including Read Less
Courtesy of The Keyes Company 561-750-1000
Listing Snapshot
Days Online
29
Last Updated
Property Type
MultiFamily (5+ Units)
Square Ft.
5,652
Year Built
1965
MLS Number
RX-11145374
30 Days Snapshot Of 33401
$1.37M
+57%
(avg) sold price
37
+19%
homes sold
125
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
5,652 total building square feet, Built in 1965, 2 stories, 7 units in build, Square footage source: SimpleTemplate, 6 total units for unit 1, 6 total units for unit 2, 6 total units for unit 3, 6 total units for unit 4, 6 total units for unit 5, 6 total units for unit 6, 1 total unit for unit 7, Mixed, Smoke Detector, Resident. Multi-Fam.
Cooling
Wall-Win A/C
Floors
Laminate
Heating
Window/Wall
Interior Features
Height Varies, Sheet Rock
Lot
0 acres
Miscellaneous
Unit 1 description: 2 Bedroom, Annual rent, unit 1: 2100.00, Rent period, unit 1: Month, Unit 2 description: 2 Bedroom, Annual rent, unit 2: 1900.00, Rent period, unit 2: Month, Unit 3 description: 2 Bedroom, Annual rent, unit 3: 2100.00, Rent period, unit 3: Month, Unit 4 description: 2 Bedroom, Annual rent, unit 4: 1950.00, Rent period, unit 4: Month, Unit 5 description: 2 Bedroom, Annual rent, unit 5: 2300.00, Rent period, unit 5: Month, Unit 6 description: 2 Bedroom, Annual rent, unit 6: 2100.00, Rent period, unit 6: Month, Unit 7 description: 5 Bedroom, Annual rent, unit 7: 3491.00, Rent period, unit 7: Month, Fenced, Cable, Electric, Sewer, Water, Cash, Conventional
Property
Property type: E, Zoning: NWD-R(, Waterfront: No, None
Roof
Roofover, Wood Joist, Wood Truss/Raft
Security Features
Fence
Taxes
Real estate taxes: $18,434, Year: 2025
Utilities
Cable, Public Water, Separate Meter
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