Walton Blvd

0 Bedroom Real Estate has been listed for sale at 220 Walton Blvd in West Palm Beach for $2,399,000. Chat with a local expert, book a tour.

West Palm Beach

Estates of South Palm Bea

220 Walton Blvd

220 Walton Blvd, For Sale in West Palm Beach - eXp Realty

Virtual Tour Available

Zoocasa

8-unit multifamily just minutes from the beach. 1 Fully updated corner unit with impact windows/doors, and central AC. 4 large 1/1s and 4 standard 1/1s. Current income: $150, 600/year, NOI: $97, 208, cap rate: 4.99%. Pro forma income: $209, 040, NOI: $155, 649, cap rate: 6.49%. 3 units vacant and Airbnb-ready; the other 5 are on annual leases. Huge upside by converting corner units to short-term rentals--conservatively projected at $30K/unit annually. Turnkey investment with strong cash flow and Airbnb potential.

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.

220 Walton Blvd, West Palm Beach, FL

Real Estate

Key Facts

Description

Included in Maintenance Fee

Utilities

Extras

Similar Listings

Like what you see?