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
One of West Palm Beach's favorite venues for a cold drink and some nice South Florida relaxation is E.R. Bradley's Saloon. This open air restaurant is a frequent stop for both locals and tourists.
West Palm Beach is home to the Bel Air Historic District. It was built in the 20s and 30s and boast some of Palm Beach's most beautiful and historic architecture.
Raymond F. Kravis Center for the Performing Arts is the culture icon for the West Palm Beach Area. This 2000 plus seat venue hosts a treasure of Dance, Music and Dramatic performances each year.
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Listing information last updated on June 22nd, 2025 at 12:30am CDT.