West Palm Beach, FL 33405
Property Type
Duplex
Central AC
Yes
Pets Allowed
Yes
Year Built
1950
Listing courtesy of John A Diaz of KW Reserve Business Brokerage LLC.
Recent upgrades and features include a 2014 roof, 2017 A/C system, and a tankless water heater, along with double hurricane straps for added protection that may help reduce insurance costs. Excellent investment opportunity with strong income potential. The property offers multiple income streams, including a 2-bedroom, 1-bath main home, a separate 1-bedroom, 1-bath back unit currently generating approximately $1,500/month, and a detached RV space producing $1,000/month, totaling $2,500/month to help offset the mortgage. As a full investment, the property has the potential to generate up to $5,500/month ($3,000 main house, $1,500 back unit, $1,000 RV), reflecting an estimated cap rate of 10.07%. Ideal for both investors and owner-occupants seeking additional rental income. Ideally located just one block from Belvedere Elementary School and Conniston Middle School, and only half a block from Bill Moss Hillcrest Paseo Park and the Palm Beach Atlantic University Marshall and Vera Lea Rinker Athletic Campus. Enjoy being just 1.5 miles from the Kravis Center, 7 minutes to the beach, and with convenient access to I-95, downtown West Palm Beach, CityPlace/Rosemary Square, and Palm Beach International Airport. Within walking distance to schools, shopping, and dining.
0.16 Acres
West Palm Beach
B26024177
1,284 Sqft
West Palm Beach
Duplex
1950
Block, Stucco
Duplex
2
1
Multi/Split, One
1950
Yes
West Palm Beach
florida
Back Yard, Fenced, Gate
Yes - Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Ceramic Tile, Tile, Wood
Yes - Central
Public
Total$3,014.19/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

West Palm Beach, Florida, is a vibrant and historic city known for its cultural richness, coastal charm, and active lifestyle. Established in the late 19th century, it was one of South Florida’s…
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