- MLS® #: RX-11084283
- 220 Walton Blvd
- West Palm Beach, FL 33405
- $2,895,000
- 4,540 SqFt, 0.23 Acres
- Commercial
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
- Square Footage4,540
- Acres0.23
- Year Built1950
- TypeCommercial
- 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
Additional Information
- Date ListedApril 24th, 2025
- Days on Website17
- ZoningMF20(c
- Office: Woyce Realty Investments & Consulting Inc.
Property Location
220 Walton Blvd on www.jupiterabacoahomes.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.jupiterabacoahomes.us for the West Palm Beach real estate market for 17 days.Facts About West Palm Beach, FL
The Museum at Ragtops Motorcars is one of West Palm Beach most interesting attractions. It has housed some of the most interesting 1950s and 1960s memorabilia since it opened in 1908.
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.
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 11th, 2025 at 11:46pm CDT.