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638 50TH Street, West Palm Beach FL 33407

Multi-family Active With Contract
$510,000

BTC: 6.71052632

ETH: 204.00000000

16 days
0 room(s)
1,952 sqft

Overview

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.

Location

Florida • West Palm Beach • 33407 • Multi-family • Active With Contract

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1936
Lot:
0.24 Acres
Heating:
Window/Wall
Price/sqft:
$261
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $433K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$6,393
2025
Pets
Allowed
All facts and features

  • Flooring

    • Tile

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Property

    • Levels: 1

    • Exterior Features: Other

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 74434304080570190

    • Zoning: SF7 (city)

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $6,393

  • Source details

    • MLS ID: B26067277

    Other facts

    • Construction Materials: Frame / Frame With Stucco

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Patio And Porch Features: Screened Porch

    • Window Features: Single Hung Metal

    • Architectural Style: One Story

    • Living Area: 1952

    • Water Source: Public

    • Subdivision Name: NORTH PALM BCH 4

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
33407
198
median $439K
Active
Same city
West Palm Beach
1,743
median $333K
Active
Same type
Multi-family
46
median $770K
Active
Similar price
$357K – $663K
358
median $496K
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: Home Sold Realty LLC