Multifamily in West Palm Beach, FL 33407
Northwood, 638 50th St

Beds
1,952
SqFt
$241
$/SqFt
Sold - Sep 23, 2026
Entry-Level Multifamily
Built in 1936
Outdoor Living Area
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.
MLS Number: B26067277
On Site: 46 Days
Updated: 13 Days ago
Page Views: 0

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

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      Price History

      Current
      $470K
      High
      $510K
      Low
      $470K
      Total Change
      -7.8%
      $515K$490K$465KAug 26Sep 26Sep 26
      Date
      Event
      Price
      Change
      Price Per
      09/23/2026
      Sold
      $470K
      0%
      $241 ft2
      $2,592 m2
      09/24/2026
      Price Reduced
      $470K
      -7.84%
      $241 ft2
      $2,592 m2
      08/22/2026
      Listed
      $510K
       
      $261 ft2
      $2,812 m2
      09/23/2026
      $470K
      Event
      Sold
      Change
      0%
      Price Per
      $241 ft2
      $2,592 m2
      09/24/2026
      $470K
      Event
      Price Reduced
      Change
      -7.84%
      Price Per
      $241 ft2
      $2,592 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 .

      Transit & Commute from Northwood

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      30
      Traffic score
      Congested area. Frequent traffic delays
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      Listing Location & Street View

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      Scores

      Walk Score®
      Somewhat Walkable. Some errands can be accomplished on foot
      54

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

      100
      Bike Score®
      Bikeable. Some bike infrastructure
      62

      100
      Sound Score®
      Bearable noise
      76

      100
      Airport Score
      Close to airports. Noticeable airport activity
      0

      100
      Traffic Score
      Congested area. Frequent traffic delays
      30

      100
      Local Score
      Limited local amenities nearby
      0

      100
      Community Snapshot
      2 – 4 BR
      Bedrooms
      $206K – $620K
      Price Tier
      600 - 4,959
      SqFt Range
      1950
      Year Build
      1
      Total Floors

      Subdivision Amenities

      None
      Sidewalks

      West Palm Beach
      Entry-Level
      Entry-Level Homes & Condos

      West Palm Beach, FL Nearby Cities

      West Palm Beach, FL Price Range Segments