- MLS® #: RX-11084283
- 220 Walton Blvd
- West Palm Beach, FL 33405
- $2,895,000
- 4,540 SqFt, 0.23 Acres
- Business
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: 5.38%. One unit is vacant and Airbnb-ready; the other 7 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 TourEssential Information
- MLS® #RX-11084283
- Price$2,895,000
- CAD Dollar$4,044,460
- UK Pound£2,179,478
- Euro€2,593,604
- Square Footage4,540
- Acres0.23
- Year Built1950
- TypeBusiness
- Sub-TypeIncome
- StyleResident. Multi-Fam.
- StatusActive
Community Information
- Address220 Walton Blvd
- Area5440
- CityWest Palm Beach
- CountyPalm Beach
- StateFL
- Zip Code33405
Subdivision
ESTATES OF SOUTH PALM BEACH ADD 1
Interior
- AppliancesBuilding Only, Fixtures
- HeatingCentral
- CoolingCeiling Fan, Central, Electric
- # of Stories1
Exterior
- Lot DescriptionESTS OF SOUTH PALM B
- RoofComp Shingle
- Office: Woyce Realty Investments & Consulting Inc.
Property Location
220 Walton Blvd on www.ww.w.jupiteroceanfrontcondos.us
Offered at the current list price of $2,895,000, this home for sale at 220 Walton Blvd features bedrooms and 0 bathrooms. This real estate listing is located in ESTATES OF SOUTH PALM BEACH ADD 1 of West Palm Beach, FL 33405 and is approximately 4,540 square feet. 220 Walton Blvd is listed under the MLS ID of RX-11084283 and has been available through www.ww.w.jupiteroceanfrontcondos.us for the West Palm Beach real estate market for 24 days.Facts About West Palm Beach, FL
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.
To enjoy a taste of the local ethnic cuisine that has inspired West Palm Beach since its inception visit Havana. This Cuban-style restaurant features specialties like Cuban coffee, fried churros , exotic fruits and slow roasted Spanish chicken.
West Palm Beach is home to over one million people and is the 3rd most populated city in the state of Florida.
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Listing information last updated on May 18th, 2025 at 2:30pm CDT.