Multifamily in West Palm Beach, FL 33405
Estates Of South Palm Beach, 220 Walton Blvd

Beds
4,540
SqFt
$430
$/SqFt
Sold - Mar 31, 2023
Multifamily
Built in 1950
Fourplex
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.
MLS Number: A11324708
On Site: 1346 Days
Updated: 20 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: HeatPump
        • Cooling Description: Electric
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1950
        • Year Built Description: Unknown
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-01-09T16:25:13.000-00:00
          Taxes, Fees & More
          • Taxes: 33762

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          Price History

          Current
          $2M
          High
          $2.4M
          Low
          $2M
          Total Change
          -18.6%
          $2.4M$2.2M$1.9MJan 23Jan 23Feb 23Mar 23
          Date
          Event
          Price
          Change
          Price Per
          03/31/2023
          Sold
          $2M
          -2.01%
          $430 ft2
          $4,623 m2
          02/18/2023
          Price Reduced
          $2M
          -9.55%
          $438 ft2
          $4,718 m2
          01/17/2023
          Price Reduced
          $2.2M
          -8.14%
          $485 ft2
          $5,216 m2
          01/09/2023
          Listed
          $2.4M
           
          $528 ft2
          $5,678 m2
          03/31/2023
          $2M
          Event
          Sold
          Change
          -2.01%
          Price Per
          $430 ft2
          $4,623 m2
          02/18/2023
          $2M
          Event
          Price Reduced
          Change
          -9.55%
          Price Per
          $438 ft2
          $4,718 m2
          01/17/2023
          $2.2M
          Event
          Price Reduced
          Change
          -8.14%
          Price Per
          $485 ft2
          $5,216 m2
          01/09/2023
          $2.4M
          Event
          Listed
          Price Per
          $528 ft2
          $5,678 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Eric AmsallemBeachfront Realty Inc • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          75

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          31

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          69

          100
          Community Snapshot
          3 – 4 BR
          Bedrooms
          $1.3M – $8M
          Price Tier
          633 - 4,540
          SqFt Range
          1938
          Year Build
          1
          Total Floors

          Subdivision Amenities

          None
          Sidewalks

          West Palm Beach
          Mid-Tier
          Mid-Tier Homes & Condos

          The Southend Communities in West Palm Beach, FL