Multifamily in West Palm Beach, FL 33407Northwood, 638 50th St
Share
Pending
$510,000
1,952
SqFtStatus
Pending
Size
1,952 SqFt (181 m2)
Price
$261/SqFt ($2,812/m2)
Type
Multifamily
Built
1936
MLS Number
B26067277
On Site
22 Days
Updated
2 Days ago
Page Views
0
Rare opportunity to acquire a 3-unit multifamily property located at 638 50th Street in West Palm Beach generating $4,950 per month in rental income ($59,400 annually). Built in 1936, the property consists of two buildings totaling 2,868 gross SF on a 0.24-acre lot. The unit mix includes three 2-bedroom/1-bathroom units averaging approximately 651 rentable SF, with wood frame construction, pitched composite shingle roofs, and window-unit A/Cs. Conveniently located near I-95, Downtown West Palm Beach, Palm Beach Island, St. Mary's Medical Center, and the Northwood district. An attractive opportunity for investors seeking immediate in-place income in a growing West Palm Beach rental market.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: OutdoorLivingArea, Other, Porch
Interior, Heating and Cooling
- Heating Description: WallFurnace
- Cooling Description: WallWindowUnits
Building and Construction
- Floor Description: Tile
- Windows/Treatment: Metal,SingleHung
- Construction Type: MultiFamily,Triplex
- Year Built: 1936
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: West Riviera
- Middle School: John F. Kennedy (Palm Beach)
- Senior High School: Palm Beach Lakes
Other Property Info
- Listing Date: 2026-08-22T10:06:01.000-00:00
- Pets Allowed: NoPetRestrictions, Yes
Taxes, Fees & More
- Taxes: 6393.65
- Real Estate Taxes: 361241
- Total Floors in Building: 1
- Total Units in Building: 3
- Total Units in Complex: 3
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
08/22/2026
Listed
$510K
 $261 ft2
$2,812 m2
08/22/2026
$510K
Event
Listed
Price Per
$261 ft2
$2,812 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Camilo Perez • Home Sold Realty LLC • Buyer Agency Compensation .
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Scores
54
100
31
100
62
100
76
100
0
100
30
100
0
100
Community Snapshot
2 – 5 BR
Bedrooms
$145K – $620K
Price Tier
600 - 4,959
SqFt Range
1950
Year Build
1
Total Floors
Subdivision Amenities
None
Sidewalks
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