536 18th ST, West Palm Beach, FL 33407
536 18th ST, West Palm Beach, FL 33407
536 18th ST, West Palm Beach, FL 33407
21
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$550,000
Est. payment /mo
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2,156 SqFt
Active Under Contract

536 18th ST West Palm Beach, FL 33407

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,156 sqft

Price per Sqft $255

Subdivision Up To Date Add

MLS Listing ID F10512881

Style Fourplex

HOA Y/N No

Year Built 1925

Annual Tax Amount $6,392

Tax Year 2023

Contingent Other

Property Sub-Type Quadruplex

Property Description

Discover a rare opportunity to own a value-add quadplex in the heart of West Palm Beach. 3 of the 4 units are currently rented under market value, generating a total monthly income of $3,750 with individual rents of $1,200, $1,250, and $1,300. Upside is huge for the experienced investor, with updated 2 bed rentals in the area fetching over $1700 per month. 10 minutes from Downtown, the beach, Worth Avenue, and so much more, this property is perfectly positioned to capitalize on some forced appreciation in addition to the area's rapid growth and natural market appreciation. With the Palm Beach International Airport nearby, this location attracts a diverse range of tenants, ensuring strong rental demand. Drive-By viewings only until receiving a qualified offer. Please do not disturb tenants.

Location

State FL

County Palm Beach

Community Up To Date Add

Area 5240

Interior

Heating None

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Other

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Others

HOA Fee Include Trash

Senior Community No

Restrictions Other Restrictions

Tax ID 74434316160110250

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/536-18th-St-West-Palm-Beach-FL-33407/unbranded

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Southwestern Real Estate

NEARBY SCHOOL & BUSINESS

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RealEZtate Pros

RealEZtate Pros

+1(480) 420-9486

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