33403 Zip Code Multifamily Homes For Sale

Palm Beach County | Updated
Market Action
Selling Speed
Steady
12.95
Inventory Supply
High
7.72
Sales Activity
Active
3.54
Results 6 of 6
Kelsey City, 906 Foresteria Dr, Lake Park, Florida 33403, image 1
$899,000$151K
  • 3,384 SqFt
  • $266/SqFt
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Multifamily for sale in Kelsey City
906 Foresteria Dr, Lake Park, FL 33403
Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6, 550 per month / $78, 600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned padd - park avenue downtown district with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.
Roan Court, 3830 E Roan Ct E, West Palm Beach, Florida 33403, image 1
$580,000$70K
  • 2,120 SqFt
  • $274/SqFt
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Multifamily for sale in Roan Court
3830 E Roan Ct E, West Palm Beach, FL 33403
Incredible income-producing duplex in west palm beach! Located at 3830 roan court east, this turnkey multi-family property offers immediate cash flow with stable tenants already in place. Enjoy ultimate peace of mind and low maintenance with a brand-new roof (2025) and upgraded electrical panels (2025). Unit 1 is a spacious 3-bedroom, 2-bathroom layout currently generating $2, 500 per month with a lease in place through february 2027. Unit 2 features a 2-bedroom, 1-bathroom setup generating $2, 200 per month. Situated just off northlake boulevard with quick access to i-95, shopping, and beaches, this low-maintenance asset is a perfect addition to any portfolio. Do not disturb tenants; schedule your showing today!
415 Greenbriar Dr, Lake Park, Florida 33403, image 1
$799,000
  • 2,014 SqFt
  • $397/SqFt
Multifamily for sale
415 Greenbriar Dr, Lake Park, FL 33403
Turnkey triplex in a quiet, beautiful historic lake park neighborhood, offering immediate income with all three units currently leased. The front residence is a spacious 2-bedroom, 1-bath home, while the rear building includes a 1-bedroom unit and a studio, with a shared laundry room and garage positioned between them for additional storage and functionality. All three units have been completely renovated and are move-in ready. Additional improvements include brand-new exterior paint, separate meters for the units, a storage shed, and a spacious irrigated lot with room for boat parking. Located just four blocks from the intracoastal, the property is ideally positioned near lake park's charming town center with local breweries, restaurants, a library, post office, and neighborhood conveniences. Juno beach pier, downtown west palm beach, and the extensive shopping and dining along pga boulevard are all approximately 10 minutes away. The property's proximity to a nearby boat launch may also create an opportunity for additional storage income. With renovated interiors, tenants already in place, valuable storage, and an exceptional central location, this is a rare opportunity to acquire a turnkey multifamily property producing income from day one.
Kelsey City, 505 Foresteria Dr, Lake Park, Florida 33403, image 1
$750,000
  • 1,732 SqFt
  • $433/SqFt
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Multifamily for sale in Kelsey City
505 Foresteria Dr, Lake Park, FL 33403
Rare four-unit investment opportunity in the rapidly growing lake park market. This unique property features a main residence plus a triplex with three efficiency units, generating $82, 200 in annual gross rental income with immediate cash flow. Ideally located just minutes from the intracoastal waterway, singer island beaches, marina, brewery, theater, pickleball, publix, us-1, i-95, and palm beach international airport. Per current zoning and permitting information, the property may accommodate up to 10 units (buyer to verify). The main house also offers potential to convert to a 3br/2ba. Whether you're looking to renovate, add value, or hold for long-term income, this property offers exceptional upside in a high-demand rental market. Quiet street, easy to rent, & outstanding investment. All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the buyer. Be advised that cameras may exist recording audio and video inside/outside the property, such as ring doorbells. Photos are digitally enhanced and could be altered, please verify.
Kelsey City, 305 Cypress Dr #1, Lake Park, Florida 33403, image 1
$1,280,000
  • 2,504 SqFt
  • $511/SqFt
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Multifamily for sale in Kelsey City
305 Cypress Dr #1, Lake Park, FL 33403
Income-producing 5-unit investment property - 100% occupied! Exceptional opportunity to acquire a fully rented, well-maintained multifamily property offering immediate cash flow and an estimated 6.5% cap rate at a $1.28m purchase price, based on current income and operating expenses. The property consists of four spacious 2-bedroom, 1-bath units plus a separate standalone cottage, providing five individual rental units and a diversified income stream. All five units are currently rented, with established tenants, allowing a new owner to begin generating income from day one. The property is owner-managed and has been meticulously maintained inside and out, with attractive landscaping and excellent curb appeal. Tenants enjoy central air conditioning and impact windows, while the property also features an on-site surveillance system for added security. With tenants currently on month-to-month agreements, a new owner has added flexibility when developing a future rental and management strategy. The property also offers potential upside through future rent adjustments as market conditions allow. Ideally located just blocks from the intracoastal waterway and convenient to shopping, dining, employment, and entertainment. As an additional benefit, the main roof will be replaced prior to closing, helping reduce a significant near-term capital expense for the new owner. Whether you're expanding an existing portfolio or looking for a stabilized multifamily investment with immediate rental income, this is a rare opportunity to acquire a fully occupied, income-producing 5-unit property in a desirable palm beach county location.
Kelsey City, 512 Bayberry Dr, Lake Park, Florida 33403, image 1
$680,000$19K
  • 1,296 SqFt
  • $525/SqFt
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Multifamily for sale in Kelsey City
512 Bayberry Dr, Lake Park, FL 33403
Rare opportunity to own this special property consisting of 2 completely separate homes on the same lot. Great for long term rentals, short terms rentals or airbnb. Both homes were newly renovated in 2023 and feature: five year old roofs, new attic insulation, impact windows and doors, kitchens with quartz counters and stainless steel appliances, remodeled bathrooms, newer ac systems, newer water heaters, laminate flooring throughout and tiles in bathrooms. The front house is a 2/2 with a large bonus room, carport, and laundry room. The rear house is a 2/1 with a bonus room, laundry room and lots of privacy- it cannot be seen from the street. Carport, driveway, gravel area and 2nd driveway offer lots of parking. Property also has an rv hook-up. Rv does not convey.
33403, FL Snapshot
101
Active Inventory
7
New Listings
$129K to $4.6M
Price Tier
14
Pending Sales
$406K
Median Closed Price
75
Avg. Days On Market

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