220 Walton Blvd

West Palm Beach, FL, 33405

$1,990,000

$438 per ft²
$1,990,000
$438 per ft²
Pending
Pending
 - For Sale
carpenters-square
4,540 ft²
property_type
Multi-family
calendar
Built 1950
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® ID:
A11324708
Listed:
1/8/23
Updated:
4/1/23
Douglas Elliman Real Estate
Jessica and Brett Robertson
Mobile: (239) 810-1220Email: jessica.robertson@elliman.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Ceramic Floor
Cooling
Electric
Heating
Heat Pump/Reverse Cycle

Exterior/Building Features

Architectural Style
Other
Lot Details
1/4 To Less Than 1/2 Acre Lot
Roof
Other
Sewer
Public Sewer

Other Property Details

Area Name
Estates Of South Palm Bea
Taxes
$33762
Tax Frequency
per YEAR
Garage
No
Parking
10
Parking Total
10.0
View
N
County
Palm Beach County
Pool
No
Total Stories
1
Zoning
MF20 (ci
Sub Agency Compensation
1%
Buyer Agency Compensation
2%
Transaction Broker Compensation
2%

Property History

Date
Event
Price
Value
1/17/23
Price Change
$2,200,000
-8%
2/18/23
Price Change
$1,990,000
-9%
3/29/23
Pending
-
-

Courtesy of Eric Amsallem with Beachfront Realty Inc
Listing Contact:  

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2023 Miami Association of REALTORS® all rights reserved. 

Data last updated 4:51 AM UTC, 4/1/23.

Douglas Elliman Real Estate
Jessica and Brett Robertson
Mobile: (239) 810-1220Email: jessica.robertson@elliman.com
Contact