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220 Walton Blvd, West Palm Beach FL 33405

Commercial Recently Sold
$1,950,000

BTC: 31.55339806

ETH: 1,116.83848797

Sold on: 2023-03-31
21 days
0 room(s)

Overview

GREAT INVESTMENT OPPORTUNITY 100% RENOVATED BUILDING. 8-UNIT MULTI-FAMILY. FEW MILES TO THE BEACH. Income: $159,600, cap rate 5.01%, NOI $99,601. Pro forma income: $172,800, cap rate 5.63% NOI $109,891. Fully tenant occupied with annual leases. Four large 1/1's and Four 1/1's with all updated interior and exterior, new roof , impact doors and window, New central AC, etc... Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Offering Memorandum, Rent Roll and financials available on request.

Location

Florida • West Palm Beach • 33405 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1950
Lot:
10100 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $1.5M
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$33,762
All facts and features

  • Lot

    • Lot: 10100 Square Feet

    Other Property Information

    • Parcel Number: 74434334150000780

    • Zoning: MF20 (ci

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $33,762

  • Source details

    • MLS ID: A11342660

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33405
8
median $530K
Active
Same city
West Palm Beach
233
median $236K
Active
Same type
Commercial
7
median $399K
Active
Similar price
$1.4M – $2.6M
2
median $1.5M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc