Multifamily in West Palm Beach, FL 33407Pleasant City, 536 18th St
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OFF MARKET
2,156
SqFtStatus
OFF MARKETExpired
Size
2,156 SqFt (200 m2)
Price
$255/SqFt ($2,746/m2)
Type
Multifamily
Built
1925
MLS Number
F10512881
On Site
431 Days
Updated
106 Days ago
Page Views
0
Discover a rare opportunity to own a value-add quadplex in the heart of West Palm Beach. 3 of the 4 units are currently rented under market value, generating a total monthly income of $3,750 with individual rents of $1,200, $1,250, and $1,300. Upside is huge for the experienced investor, with updated 2 bed rentals in the area fetching over $1700 per month. 10 minutes from Downtown, the beach, Worth Avenue, and so much more, this property is perfectly positioned to capitalize on some forced appreciation in addition to the area's rapid growth and natural market appreciation. With the Palm Beach International Airport nearby, this location attracts a diverse range of tenants, ensuring strong rental demand. Drive-By viewings only until receiving a qualified offer. Please do not disturb tenants.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Balcony
Interior, Heating and Cooling
- Heating Description: None,SeparateMeters
- Cooling Description: WallWindowUnits
Building and Construction
- Floor Description: CeramicTile
- Year Built: 1925
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-07-09T22:53:57.000-00:00
Taxes, Fees & More
- Maintenance Includes: Trash
- Taxes: 6392
- Real Estate Taxes: 284591
- Total Floors in Building: 1
- Total Units in Building: 4
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Current
$550K
High
$600K
Low
$550K
Total Change
-8.3%Date
Event
Price
Change
Price Per
10/17/2025
Price Reduced
$550K
-4.35%$255 ft2
$2,746 m2
07/30/2025
Price Reduced
$575K
-4.17%$267 ft2
$2,871 m2
07/09/2025
Listed
$600K
 $278 ft2
$2,996 m2
10/17/2025
$550K
Event
Price Reduced
Change
-4.35%Price Per
$255 ft2
$2,746 m2
07/30/2025
$575K
Event
Price Reduced
Change
-4.17%Price Per
$267 ft2
$2,871 m2
07/09/2025
$600K
Event
Listed
Price Per
$278 ft2
$2,996 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Nicholas Sproul • Southwestern Real Estate • Buyer Agency Compensation .
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Scores
78
100
37
100
84
100
Community Snapshot
3 – 3 BR
Bedrooms
$196K – $700K
Price Tier
860 - 3,579
SqFt Range
1965
Year Build
1
Total Floors
Subdivision Amenities
None
Sidewalks
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