Property Details
| Asking Price | $510,000 |
|---|---|
| Price per SqFt | $261 |
| Maintenance fee | Inquire |
| Property Taxes | $6,394 2025 |
| Interior Space | 1,952 SqFt |
| Beds/Baths | —/— |
| Year Built | 1936 |
| Pool | No |
| Lot Size | 0.24 acres |
| MLS # | B26067277 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
Rare opportunity to acquire a 3-unit multifamily property located at 638 50th Street in West Palm Beach generating $4,950 per month in rental income ($59,400 annually). Built in 1936, the property consists of two buildings totaling 2,868 gross SF on a 0.24-acre lot. The unit mix includes three 2-bedroom/1-bathroom units averaging approximately 651 rentable SF, with wood frame construction, pitched composite shingle roofs, and window-unit A/Cs. Conveniently located near I-95, Downtown West Palm Beach, Palm Beach Island, St. Mary's Medical Center, and the Northwood district. An attractive opportunity for investors seeking immediate in-place income in a growing West Palm Beach rental market.
Listed by Home Sold Realty LLC
Sales History for This Home · 638 50TH Street, West Palm Beach, FL 33407
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| R10248853 | $185,000 | 4/27/17 |
Listed by Home Sold Realty LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in West Palm Beach and throughout South Florida.
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Location
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