33401 Zip Code Multifamily Homes For Sale

Palm Beach County | Updated
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0–30 favors buyers
30–100 favors sellers
Selling Speed
13.69
Steady
Shows how quickly homes are being absorbed by buyers
20%+ Fast
8–19.9% Steady
Below 8% Slow
Inventory Supply
7.3
High
Shows how many months it would take to sell current inventory
0–3 Low
3–6 Balanced
6+ High
Sales Activity
6.5
Active
Shows how often homes are selling in this community
2+/mo Active
0.75–1.99/mo Steady
Below 0.75/mo Quiet
Results 11 of 11
Backup
A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
Freshwater Avenue, 1021 14th St, West Palm Beach, Florida 33401, image 1
Freshwater Avenue, 1021 14th St, West Palm Beach, Florida 33401, image 2
Freshwater Avenue, 1021 14th St, West Palm Beach, Florida 33401, image 3
$649,900 $20K
  • 2,880 SqFt
  • $226/SqFt
Entry-Level
Multifamily for sale in Freshwater Avenue
1021 14th St, West Palm Beach, FL 33401
Discover an exceptional investment opportunity in the heart of west palm beach with this well-maintained quadruplex. Each of the four units offers a comfortable 2-bedroom, 1-bathroom layout, delivering strong income-producing potential and consistent rental appeal. Individually metered for both electricity and water, each unit operates independently, simplifying management and reducing overhead for the savvy investor. Ideally situated just minutes from downtown west palm beach and the brightline station, this property offers tenants unbeatable access to clematis street, palm beach outlets, and an abundance of local dining, shopping, and entertainment. Whether you're expanding your portfolio or stepping into real estate investment for the first time, this quadruplex checks every box.
Mercer Park, 1331 Longwood St, West Palm Beach, Florida 33401, image 1
Mercer Park, 1331 Longwood St, West Palm Beach, Florida 33401, image 2
Mercer Park, 1331 Longwood St, West Palm Beach, Florida 33401, image 3
$895,000
  • 3,060 SqFt
  • $292/SqFt
Mid-Tier
Multifamily for sale in Mercer Park
1331 Longwood St, West Palm Beach, FL 33401
This is actually a 5 unit apartment building in mercer park. Walking distance to down town west palm beach. Two- 2 bedroom units, 2- one bedroom units and a studio. Gross rents of $88, 440/year! Off street parking for 7 cars. Unit 5 is a studio and rents for $1075/mth. Priced at an almost 7% cap rate. This one will not last!
Freshwater Avenue, 1017 13th St, West Palm Beach, Florida 33401, image 1
Freshwater Avenue, 1017 13th St, West Palm Beach, Florida 33401, image 2
$450,000
  • 1,344 SqFt
  • $335/SqFt
Entry-Level
Multifamily for sale in Freshwater Avenue
1017 13th St, West Palm Beach, FL 33401
West palm duplex with individual water/electric meters with own washer/dryer utility closets. Each unit is a mirrored sized 2 bedroom 1 bath. Being offered at a price point with excellent cap rate potential possible with minimal improvements. 2026 hud fair market rent for 2 bedrooms in 33401 zip code at $2, 270.00.
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Grovedale Park, 1709 Mercer Ave, West Palm Beach, Florida 33401, image 1
Grovedale Park, 1709 Mercer Ave, West Palm Beach, Florida 33401, image 2
Grovedale Park, 1709 Mercer Ave, West Palm Beach, Florida 33401, image 3
$795,000
  • 2,365 SqFt
  • $336/SqFt
Premium
Multifamily for sale in Grovedale Park
1709 Mercer Ave, West Palm Beach, FL 33401
Nicely renovated 4 plex in mercer park. Mercer park is a growing community within walking distance of down town west palm beach. Renovation includes new kitchens, new bathrooms, hard surface flooring, newer appliances, lighting fixtures plumbing fixtures, etc. Includes off street parking for 7 cars. Units 3 and 4 have an outside deck. Good cash flow with rents of $72, 540/yr.
Freshwater, 817 NW 7th St, West Palm Beach, Florida 33401, image 1
Freshwater, 817 NW 7th St, West Palm Beach, Florida 33401, image 2
Freshwater, 817 NW 7th St, West Palm Beach, Florida 33401, image 3
$775,000
  • 2,196 SqFt
  • $353/SqFt
Entry-Level
Multifamily for sale in Freshwater
817 NW 7th St, West Palm Beach, FL 33401
Discover this beautifully unique investment opportunity in the heart of west palm beach. Built in 1935, the property features a charming 5-bedroom, 2-bathroom single-family home along with a separate triplex in the rear. The triplex includes a 1-bedroom/1-bath unit, a studio with 1 bath, and a 2-bedroom/1-bath apartment â€'' offering excellent income-producing potential. Both buildings had their roofs replaced in 2018. Each unit is individually metered for electricity, and each building has its own water meter for added convenience and management efficiency. Ideally located just minutes from downtown west palm beach and the brightline station, this property provides easy access to clematis street, palm beach outlets, and a wide variety of local dining, shopping, and entertainment options
Freshwater, 629 9th St, West Palm Beach, Florida 33401, image 1
Freshwater, 629 9th St, West Palm Beach, Florida 33401, image 2
$1,150,000
  • 3,000 SqFt
  • $383/SqFt
Entry-Level
Multifamily for sale in Freshwater
629 9th St, West Palm Beach, FL 33401
Beautifully renovated duplex with with 4-bedrooms, 4-bathrooms each unit. Boasting fresh paint, new appliances and a modern spacious kitchen. Washer and dryer inside the building. Close to downtown west palm beach, and the historic charm of the northwood historic district.
Backup
A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
Belle Vue, 940 Charles St, West Palm Beach, Florida 33401, image 1
Belle Vue, 940 Charles St, West Palm Beach, Florida 33401, image 2
Belle Vue, 940 Charles St, West Palm Beach, Florida 33401, image 3
$975,000 $25K
  • 2,418 SqFt
  • $403/SqFt
Mid-Tier
Multifamily for sale in Belle Vue
940 Charles St, West Palm Beach, FL 33401
Rare income-producing triplex in the highly sought-after pineapple park neighborhood of west palm beach. Situated on an oversized 9, 647 sf lot just minutes from downtown west palm beach, cityplace, the brightline station, and palm beach island, this property offers a turnkey investment opportunity in one of south florida's fastest-growing markets. The front cbs duplex features two beautifully renovated short-term rental units with updated kitchens, modern finishes, private entrances, and furnishings included for immediate operation. Despite a three-month vacancy in 2025 during a unit conversion and introductory pricing, the duplex achieved 73-75% occupancy and generated over $77, 000 in short-term rental revenue. The rear 2bd/1ba single-family home sits on its own driveway with a private entrance and single family feel, providing additional income and flexibility for investors seeking diversified revenue streams or an owner-operator looking to offset expenses. In total, the property generated over $102, 000 in gross income in 2025, with potential for up to 30% additional upside through occupancy optimization and unit repositioning. All three units feature independent entrances and ample off-street parking. With established income history, turnkey condition, and proximity to west palm beach's strongest lifestyle and employment centers, this property presents an exceptional investment opportunity with immediate cash flow and meaningful upside potential.
Freshwater Avenue, 807 14th St, West Palm Beach, Florida 33401, image 1
Freshwater Avenue, 807 14th St, West Palm Beach, Florida 33401, image 2
$599,999
  • 1,222 SqFt
  • $491/SqFt
Entry-Level
Multifamily for sale in Freshwater Avenue
807 14th St, West Palm Beach, FL 33401
Great investment opportunity in west palm beach ! Clean, well maintained units all on separate electric and water meters. Central ac replaced in the past 3 years. No restrictions. Perfect opportinity for an investor or multi family purchase venture. Call today and make an appointment to see! This one won't last!
Freshwater Avenue, 711 Palm Beach Lakes Blvd, West Palm Beach, Florida 33401, image 1
Freshwater Avenue, 711 Palm Beach Lakes Blvd, West Palm Beach, Florida 33401, image 2
Freshwater Avenue, 711 Palm Beach Lakes Blvd, West Palm Beach, Florida 33401, image 3
$679,900
  • 1,261 SqFt
  • $539/SqFt
Entry-Level
Multifamily for sale in Freshwater Avenue
711 Palm Beach Lakes Blvd, West Palm Beach, FL 33401
Attention investors & cash-flow buyers: discover a rare, high-yielding multi-family asset perfectly situated in the rapidly growing west palm beach market. This versatile three-unit triplex offers an exceptional combination of immediate rental income, substantial square footage, and major capital expenditure savings. Roof replaced 2023!Unit 1: the main house 3 br / 1 ba unit 2 2br/1ba . Unit 3 2br/1ba . All fully rented. Orkin termite protection plan already in place. ***located right on the pulse of west palm beach (33401), this property sits in a high-demand submarket characterized by steady historical appreciation and a robust tenant pool. With separate electric and water meters already in place, utility management is streamlined to keep your landlord operational expenses remarkably low. Don't miss out on adding this high-square-footage, low-maintenance income generator to your portfolio. *** unit 1: oven, fridge, dishwasher. Central ac. Ygi: $24, 600. Expenses; $480 noi: $24, 120 unit 2: oven, fridge. Central ac/ and window unit. Expenses: ygi: $18, 600 $480 noi: $18, 120 unit 3: oven, fridge. A/c mini split w/ additional window unit. Expenses: ygi: $18, 600 $480 noi: $18, 120 lease info: front house lease expires 3/31/2027, unit a lease expires 3/31/2027, unit b lease expires 8/31/2027.
Moss & Heisler, 1211 Florida Ave, West Palm Beach, Florida 33401, image 1
Moss & Heisler, 1211 Florida Ave, West Palm Beach, Florida 33401, image 2
Moss & Heisler, 1211 Florida Ave, West Palm Beach, Florida 33401, image 3
$1,750,000 $245K
  • 3,004 SqFt
  • $583/SqFt
High-End
Multifamily for sale in Moss & Heisler
1211 Florida Ave, West Palm Beach, FL 33401
Quadplex at 1211 florida avenue features a spacious 3-bedroom, 2-bath main house plus three separate rental units in the rear--ideal for investors or owner-occupants seeking additional income. The main residence offers comfortable living space with generous bedrooms, two full baths, and plenty of natural light--perfect for a primary residence. Behind the main home, you'll find three income-producing units: a 2-bedroom, 1-bath; a 1-bedroom, 1-bath; and a studio with 1 bath, as well as a private one car garage. Two of the three rear units are currently rented, providing immediate cash flow. Situated in a central location, the property is a short distance from the norton museum of art, the vibrant dining and gathering spot grandview public market, hive, and downtown west palm beach. Just minutes away are palm beach and the area's beautiful beaches. Whether you're looking to expand your investment portfolio or live in the main home while generating rental income from the back units, this versatile property offers location, flexibility, and strong income potential all in one. Don't miss this rare opportunity in one of west palm beach's most desirable areas!
Moss & Heisler, 1310 Florida Ave, West Palm Beach, Florida 33401, image 1
Moss & Heisler, 1310 Florida Ave, West Palm Beach, Florida 33401, image 2
$1,227,000
  • 2,052 SqFt
  • $598/SqFt
High-End
Multifamily for sale in Moss & Heisler
1310 Florida Ave, West Palm Beach, FL 33401
Income producing multi-family property located in desirable grandview heights, in very close proximity (walking distance) to city place and downtown west palm beach. This property consists of a 3 bedroom house fronting on florida ave, a 1 bedroom cottage, and a 2 story duplex fronting on alabama street. 6 bedrooms, 4 bathrooms, off-street parking in the rear of the property, separate electric meters. Property also features a laundry room, with coin operated machines. All units rented with long term tenants. Great investment opportunity! All figures approximate.

PreconstructionShow All

Soleste Palm Station
Soleste Palm Station
Soleste Palm Station
Condos in West Palm Beach, FL 33401
  • Units
    321
  • Stories
    8

South Miami-based Estate Cos. recently secured a $72.5 million construction loan for "Soleste Palm Station", a luxury housing development in West Palm Beach. Initially, per the developer’s website, construction was intended to start on the mid-rise complex in the third quarter of 2022.

Now, new developments suggest that groundbreaking could happen later this year, with the general contractor aiming for a 2026 completion. Soleste Palm Station calls for two eight-story towers, totaling 298,371 square feet. Our sources indicate that there would be 321 apartments measuring 330 to 1,265 square feet and ranging from studio to three-bedroom floorplans.

Connect CRE reports that communal amenities will include a swimming pool with cabanas, electric car charging stations, and a health club featuring yoga, spin, and aerobics rooms. The Estate Cos. secured the 2.5-acre site for $15.8 million in 2021 and received approval two years later. Google Earth’s renderings suggest that the parcel is vacant. Soleste Palm Station isn’t the only project in the Estate Cos. pipeline.

Previously, Florida YIMBY reported on Soleste Reserve I, a 353-unit complex slated for Davie, FL. The Real Deal reported that the project was approved on the condition that 53 of the homes would be marketed as below-market-rate housing. Plans are still pending for Soleste Reserve II.

Soleste Palm Station is slated for 520 N Rosemary Avenue, West Palm Beach, FL, 33401, in Palm Beach County.

Details
South Flagler House
South Flagler House
South Flagler House
Condos in West Palm Beach, FL 33401
  • Starts at
    $2.7M
  • Units
    108
  • Stories
    28

A Timeless Waterfront Masterpiece

In an idyllic waterfront location overlooking the Lake, Palm Beach Island, and the Atlantic Ocean, South Flagler House is the first residential high-rise in South Florida designed by globally renowned Robert A.M. Stern Architects and developed by Related Companies. Crafted with a meticulous eye for quality and detail, the result is a masterpiece of timeless character and elegance to be enjoyed for generations to come.

South Flagler House rises from the waterfront of West Palm Beach, embraced by the city’s thriving Cultural Quarter on the shores of the shimmering Lake Worth Lagoon

Setting new standards for a lifestyle of consummate luxury and ease, South Flagler House offers a combination of craft, proportion, and scale that is quite simply unparalleled.

Timeless Interiors

Pembrooke & Ives’ contemporary aesthetic perfectly complements Robert A.M. Stern Architects timeless style, resulting in soulful spaces designed for modern living. Bespoke finishes are of the highest quality, with materials carefully selected to create a sense of place. Interiors connect seamlessly to spectacular outdoor spaces, designed for both al fresco dining and peaceful relaxation. Lofty ceilings create abundant space and light, while floor-to-ceiling windows frame the magnificent views.

Pembrooke & Ives

New York interior design firm Pembrooke & Ives curates intuitive, bespoke, and luxurious interiors that are designed to fundamentally and beautifully improve the experiences of the people who inhabit them. Adept at producing visionary concepts and executing them with impeccable finesse, the result is always a one-of-a-kind space in which attention to detail and level of comfort, character, and style exceeds every expectation.

Inspiring Views 

Celebrating a prime waterfront location with permanent, unobstructed Lake, Island, and Atlantic Ocean views, every residence has been designed to showcase its outlook and orientation.

Details
33401, FL Snapshot
350
Active Inventory
17
New Listings
$108K to $78.9M
Price Tier
44
Pending Sales
$550K
Median Closed Price
105
Avg. Days On Market

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