Closed

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

1,990,000(-2.01% )
$1,950,000Price
4,540SqFt

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Details

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Status:
Sold
Size: 4,540 ft2 / 422 m2
Price: $430 ft2 / $4,623 m2
Type: Multi Family
Built: 1950
MLS Number: A11324708
On Site: 856 Days
Updated: 771 Days ago
Page Views: 0
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.

Features

Bedrooms
Bathrooms
Exterior and Lot Features

Price History

03/31/2023

Date

Sold

Event

$2M

Price

-2.01%

Change Rate

$430 ft2 / $4,623 m2

Price Per

02/18/2023

Date

Price Reduced

Event

$2M

Price

-9.55%

Change Rate

$438 ft2 / $4,718 m2

Price Per

01/17/2023

Date

Price Reduced

Event

$2.2M

Price

-8.14%

Change Rate

$485 ft2 / $5,216 m2

Price Per

01/09/2023

Date

Listed

Event

$2.4M

Price

$528 ft2 / $5,678 m2

Price Per

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 .

Instant Comparative Market Analysis

$300/ft²
$500/ft²
$800/ft²
$1,100/ft²

Unit 220 Walton Blvd – Asking

$430/ft²

(-24%) from Closed Medium $/ft²

Closed Medium $/ft²

$569/ft²
Community $/Price Range (Closed) $403/ft² – $997/ft²
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