8-unit multifamily just minutes from the beach. 1 Fully updated corner unit with impact windows/doors, and central AC. 4 large 1/1s and 4 standard 1/1s. Current income: $150,600/year, NOI: $97,208, cap rate: 4.99%. Pro forma income: $209,040, NOI: $155,649, cap rate: 6.49%. 3 units vacant and Airbnb-ready; the other 5 are on annual leases. Huge upside by converting corner units to short-term rentals--conservatively projected at $30K/unit annually. Turnkey investment with strong cash flow and Airbnb potential.
View Virtual TourESTATES OF SOUTH PALM BEACH ADD 1
Looking for great shopping and entertainment in West Palm Beach Florida? Look no further than Clematis Street. It is home to some of West Palm Beach's most vibrant and entertaining shops, restaurants and nightclubs.
West Palm Beach is home to many festivals and events. They are often hosted at Currie Park which is a scenic family friendly park located on West Palm Beache's Intracoastal Waterway.
West Palm Beach is home to Lion Country Safari. It is a 500-acre cage less zoo that has thousands of free roaming animals. It would make a great stop for the family if you are visiting West Palm Beach.
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Listing information last updated on July 12th, 2025 at 8:01pm CDT.