Properties for sale Multi-family Unit in Palm Beach, Florida
Palm Beach County, Florida, USA
Multi-family for sale in Palm Beach County, Florida for Sale
$6 750 000 #|# 115 Inlet Way, Palm Beach Shores FL 33404 - 12928 sq. ft.;Residential Income,QuadruplexHuge upside through updating and renovation into Luxury Airbnb Resort style (vacation units), steps away from the beach and waterways or through re-development & filling up highest and best use. Huge lot of 22,000 sq feet Two current Buildings of two floors under renovation. Current zoning allows for multifamily use. Great potential for Airbnb / Vacation Rental, Building is class C and B (Zoned for Multifamily) Rare opportunity for a reputable developer, fund, assets managing group to purchase an free and clear asset in Palm Beach Shores, new developments rising all over the Palm Beach shores. (NOTE:some photos renderings)
$5 950 000 #|# 640 SE 2nd Ave, Boynton Beach FL 33435 - 17726 sq. ft.;Residential Income,QuadruplexThe Palms is a prime opportunity to purchase a 24 unit garden-style community located in Boynton Beach, Florida just steps from the beach! The Palms is comprised (20) 1br/1ba, (4) 2br/2ba, a separate cbs building which can be converted to storage, or additional unit(s). The property benefits from excellent walkability to the beach, Boynton Harbor Marina and restaurants. The Boynton Beach neighborhood has seen tremendous growth with its favorable location and close proximity to Downtown Delray Beach and West Palm beach. With its prime location and solid structure, The Palms delivers a competitive product to the market, capable of outperforming comparable options within the growing segment and positioning itself as a generational asset. New Roof 2024, Hurricane Impact Doors, Light Value Add
$4 777 777 #|# 114 W Canal St S, Belle Glade FL 33430 - 34122 sq. ft.;Commercial Sale,Income/MultiFamilyImmense potential 38,819 sqft building at Upscaling Belleglades, FL. 2018 year-built concrete structure, three-dimensional shingle roof 30 large apartments of 12's three-bedroom two-bath 1,305 sqft & 18 two-bedroom two-bath 992 sqft (30 electric meters). A rehabilitated former Belle Glades historic City Hall & Fire Dpt Building, modified to a five-plex incorporating a 5,295 ft retail, four apartments on the 2nd story with 3 Apts of two bedrooms, two baths,1062 sqft & One bedroom one bath 814 square ft No-Vacancy. Triangle shape design. Ceramic floors, 1,101 sqft electric room for office space,111 sqft laundry room space. Two side-by-side vacant commercial lots totaling 10,062.36 sqft ready to be built. Net operating income available upon producing proof of funds.1031 exchanges candidate.
$4 400 000 #|# 351 NE 7th Ave, Delray Beach FL 33483 - 14566 sq. ft.;Commercial Sale,Income/MultiFamilyFully renovated apartment complex located in prestigious Delray Beach. This complex consists of two buildings with nine rental units. All units are fully leased under a master lease. The owner pays property tax and insurance. Renovation included new roof, hurricane impact doors and windows. All new plumbing, new HVAC systems, new electrical panels and appliances. New pool with paver hardscape and landscaping. Resurfaced parking lot. This is an excellent opportunity that you don't want to miss. Located minutes from Downtown Delray, within the free Delray beach ride share, and walking distance to supermarket and drug store. Investors can purchase a fully leased apartment complex with excellent tenant. Master lease tenant is operating with a hotel license for short term rentals.
$2 250 000 #|# 1105 S Federal Hwy # 1, Lake Worth FL 33460 - 13425 sq. ft.;Commercial Sale,Income/MultiFamilyCasa Loma is an excellent 2-story concrete block boutique apartment building with 14 units in Lake Worth Beach. Built in 1990, the property has been recently renovated with a brand-new roof, impact windows and doors, new signage, security cameras, and more. All unit interiors have been renovated with stainless steel appliances, granite countertops, porcelain flooring, window blinds, and modern kitchen cabinets. In addition, current ownership has recently installed 12 new Mitsubishi mini-split AC units in 12 of the units. The property provides a new owner the flexibility to operate short-term or long-term leases as it comes with a transient license. The property has been historically operating at or near 100% occupancies with effective rents of $1,678 per unit.
$1 900 000 #|# 101 Lucerne Ave, Lake Worth FL 33460 - 3277 sq. ft.;Residential Income,QuadruplexThe Lucerne is comprised of 2 buildings, 5 units with classic Art Deco styling, located in the heart of downtown Lake Worth Beach, Florida. (4) tastefully decorated studios are located in one two-story structure with a cozy lobby, and a spacious 2 bedroom 2 bath cottage is located within a second detached structure. All units are complete with kitchen, bar area, and patio areas. A private courtyard with gazebo & garden between them provides a comfortable amenitynfor guests to relax. Both the lobby and exterior features exude the vibrant, unmistakable Art Deco architecture Bathrooms and kitchens have been updated. The backyard and common areas have been meticulously landscaped, providing a fresh and clean environment for visitors to enjoy.
$1 450 000 #|# 424 Valley Forge Rd, West Palm Beach FL 33405 - 0 sq. ft.;Residential Income,QuadruplexPrime investment opportunity! Presenting this newly renovated garden-style 6-plex investment property in West Palm Beach. Ideal for investors seeking an income-producing asset. 6 units : One 3 Bedrooms, Four 2 Bedrooms and One 1 Bedroom. All units and building have been completely remodeled with new impact windows installed, new AC units, new paint, new gate, and new landscaping. Large corner lot with 9 parking spaces. With solid returns and excellent potential for growth, this asset promises steady income and long-term value.
$1 399 900 #|# 627 Bunker Rd, West Palm Beach FL 33405 - 3825 sq. ft.;Residential Income,QuadruplexAmazing cash flow investment property, Great desirable rental area, very close to I95 and and a a couple of blocks from intra coastal, turnkey and easily owner managed, meticulously restored 4 unit multifamily , 3 units in one building which consists of two 2/1 and one 4/2 on the second floor with balcony , a cottage in the next building and another one which is laundry room with coin operated machines. All new upgrades including impact windows, newer roof, newer floors and stainless steel appliances, remodeled kitchens and bathrooms, granite counter tops, exterior repairs done , all done approximately 5-6 ears ago. Plenty of parking spaces, plus an additional vacant land, which is part of the property. Please do not walk the property nor disturb the tenants.
$1 200 000 #|# 2259 Linton Ridge Cir # E3, Delray Beach FL 33444 - 4717 sq. ft.;Commercial Sale,Income/MultiFamily(5) UNIT PACKAGE DEAL ALL AT LINTON RIDGE. ALL UNITS ARE SOLD TOGETHER, CANNOT BE PURCHASED SEPARATELY. UNITS: G12, E11, A11, C7, AND E3. RENT IN PLACE $9,500 / MONTH. HOA FEES ARE $405 PER UNIT/ MTH. TAXES ARE $177 PER UNIT/ MTH. INCOME AFTER HOA FEES AND TAXES IS: $6590.00/ MONTH (6.6% NET) THESE UNITS ARE ALL UNDER LEASE AND PROFESSIONALLY MAINTAINED. THIS IS A TURN KEY INVESTOR OPPORTUNITY TO OWN (5) TWO BED AND TWO BATH UNITS IN A NICELY KEPT RENTAL COMPLEX IN EAST DELRAY. DELRAY BEACH IS ONE OF THE FASTEST GROWING AND SOUGHT AFTER AREAS IN ALL OF SOUTH FLORIDA. THESE UNITS ARE ANY INVESTORS DREAM. NO RENTAL RESTRICTIONS, NO AGE RESTRICTIONS, NO WAITING PERIODS, NO NONSENSE. JUST BUY AND START COLLECTING RENT DAY#1. THESE UNITS OFFER A PHENOMENAL LONG TERM HOLD FOR A SAVVY INVESTOR.
$1 050 000 #|# 3157 Cherokee Ave, West Palm Beach FL 33409 - 2724 sq. ft.;Residential Income,TriplexGreat investment opportunity, updated triplex totally occupied with good tenants. New Storm proof windows and doors all around. Complete new bathrooms, new cabinets, tile floors, appliances. Equipped with cat5 Wi-Fi cable, Pavers in each yard, new paint, new closets, all doors are new, new lighting. Equipped laundry room, new mailboxes. 3000 Sq ft Parking lot 6'' slab, in a convenient location
$985 000 #|# 423 Lytle St, West Palm Beach FL 33405 - 2442 sq. ft.;Residential Income,TriplexLocated in the highly desirable SoSo area of WPB. 3 units, SF house, Studio & 2 BRx1BA apt. The subject property has been completely renovated and professionally decorated recently to include all kitchens and baths, recess lighting, wood flooring, laundry closet with stackable washer & dryer, newer HVAC systems, impact windows, doors and newer roof on the main house. Professionally landscaped grounds, newer irrigation system and new privacy fence. Maintenance free backyard/patio area with gravel, artificial turf. This turnkey property is currently being utilized as a profitable short-term rental but could serve as annual rentals too. Ideal investment opportunity or an owner occupant looking to offset their mortgage/expenses with rental income. Furnishings included in the sale.
$950 000 #|# 8690 Sunset Dr A, Palm Beach Gardens FL 33410 - 3200 sq. ft.;Residential Income,TriplexINCOME PRODUCING TRIPLEX, Unit #1: 2/1 $1,750.00 Lease ends 11/14/2024., Unit#2: 3/2 $2,300.00 Lease ends 07/19/2024., Unit #3: 2/1 $1,800.00 Lease ends 12/14/2024., Total monthly income $5,850.00, Gross annual income $70,200.00, long-term tenants, looking to stay and renew the leases, a new roof on both buildings in 2021, a new Septic Drain field in June 2020, new paint, some updating to kitchens and baths, plenty of parking, all with separate electric and water meters. Sold As Is with the right to inspect.
$925 000 #|# 4381 Purdy Ln, West Palm Beach FL 33406 - 3004 sq. ft.;Residential Income,TriplexINVESTORS!!!! This stunning property has been completely renovated and now offers three independent residential units, perfect for investors or owners looking for additional income. Each unit features its own modern kitchen and renovated bathrooms, ensuring comfort and privacy for residents. Located in a central area, this property combines urban convenience with the appeal of updated units ready for occupancy or rental. Don't miss the opportunity to acquire this versatile property that promises both profitability and renewed comfort.
$895 000 #|# 1111 Brown Rd, Lake Worth FL 33462 - 2680 sq. ft.;Residential Income,DuplexCompletely remodeled 4/4 DUPLEX with two separate private swim spas located less than 3 miles from the beach. Oversized corner lot completely fenced in for privacy. Huge investment opportunity. Being run now as a brand new turnkey Airbnb property with minimum gross rental income $100,000 yearly. Or live in one side and rent out the other side. Possible additional income with newly added private 60 foot RV or boat pad with electric and water hook up. Also newly installed whole house surge protectors on both units that protect all appliances, AC and electrical equipment. Ready to move in immediately with all the furnishings included.Each unit sleeps six adults with a custom built queen size Murphy Bed, located in the living room. The kitchens have all new solid wood shaker cabinets.
$850 000 #|# 405 SE 23rd Ave, Boynton Beach FL 33435 - 2100 sq. ft.;Residential Income,TriplexActual Cap rate 6.06%, Pro forma Cap Rate 6,64%! Welcome to a stunning fully renovated and stabilized triplex property in the heart of Boynton Beach. This property has undergone significant renovations in 2022-2023 totaling more than $80,000, making it an ideal investment opportunity. Brand new facade, fence, electrical and plumbing systems, central AC, and parking. Each unit boasts modern finishes, and the unit mix includes one (1) 1-Bed/1-Bath unit and two (2) 2-Bed/1-Bath units (some with washer & dryer) leased at market rate rents, generating $66.000 Gross income and a net operating income of $48,183 with a solid turnkey Cap Rate of 6.06%. Upside on the rent with a potential cap rate of 6.43% and $51,093 net income. OFFERING MEMORANDUM AVAILABLE ON REQUEST.
$840 000 #|# 511 Malverne Rd, West Palm Beach FL 33405 - 1778 sq. ft.;Residential Income,TriplexRenovated income producing property. 3 units. One bright and beautiful 2-bedroom 2 bath main home with open floor plan, soaring ceilings, wood look tile floors granite countertops and stainless-steel appliances (rented at 2650 till July 2025, very good tenant) The 2-studio apartments also featuring wood tile floors and stainless. Small units are vacant waiting for meters to be installed (asked previous tenants to leave to do the work). The added bonus with this home is the additional attached lot that is approved for an additional 2 dwellings and still room for a pool. Located within minutes of Palm Beach International Airport, Florida's beaches, shopping, restaurants, night life and much more. Please do not disturb tenants.
$799 000 #|# 629 9th St, West Palm Beach FL 33401 - 3000 sq. ft.;Residential Income,DuplexBeautifully renovated Duplex with with 4-bedrooms, 4-bathrooms each unit. Boasting fresh paint, new appliances and a modern spacious kitchen. Washer and Dryer inside the building. Close to Downtown West Palm Beach, and the historic charm of the Northwood Historic District.
$740 000 #|# 125 SE Avenue D, Belle Glade FL 33430 - 18750 sq. ft.;Commercial Sale,Mixed UseRedevelopment Opportunity to build a multifamily building or keep as storage for your existing business. Well Established Tire, Mechanic, Upholstery & Body Shop business and Real Estate for sale in the City of Belle Glade, Florida. Family-owned and Operated with most permits and certifications up to date. The Business has been in existence at this location for over 20+ Years; clientele includes city and county vehicles and local businesses. The business also includes a paint spray booth for body shop work, upholstery tables, vehicle lifts, and tire equipment. This Industrial Building has a large lobby/waiting area, 2 bathrooms, an inventory/storage room, and enough on-site parking spaces for a Dealership. Potential Rental Value $12-$15 per SF per YEAR. By appointment only.
$719 999 #|# 812 13th St, West Palm Beach FL 33401 - 2312 sq. ft.;Residential Income,DuplexSubstantially upgraded duplex with 3 bed and 2 bath on each units located in prime location in walking distance to intracoastal waterway and Palm Harbor Marina and downtown Palm beaches. The property has new roof done in 2024, new high impact windows and doors, 24/48" porcelain tiles all throughout the living area. It has undergone a complete upgrades. The property located in a prime location as it is a few miles away from Palm Beach international airport, major highways, Tangier Outlets for shopping, dinning and entertainment, and many more. A lots of potential to make it a part of your investment portfolio. come see before its gone..
$699 900 #|# 244 Walton Blvd, West Palm Beach FL 33405 - 2439 sq. ft.;Residential Income,TriplexWonderfully located cinder-block triplex in historic area that has been remodeled. Front building could also be converted into a SFR easily if desired.The 2/1 in front is currently a fully furnished STR with new AC/heat pumps. Back unit also remodeled and rented long term. Front 1/1 on MtM with new ac. Plenty of room for pool!
$600 000 #|# 820 21st St, West Palm Beach FL 33407 - 1764 sq. ft.;Residential Income,TriplexDetached Triplex- INVESTORS DREAM!! 10 minutes to beautiful Downtown Shopping & Beaches. Units are remodeled.
$550 000 #|# 601 W Avenue A, Belle Glade FL 33430 - 5328 sq. ft.;Residential Income,Income/MultiFamilyThis is a residential income property that is currently vacant. The property is ready to be renovated as a 24 efficiency units, from its prior design of being a 32 single room occupancy. Architectural plans are available upon request. The property"s potential monthly gross rents, after being renovated, are $13,200.00 (24 x $550). To view property call or email agent. This property is part of a real estate portfolio that includes 406 SW Avenue C Place (28 single units room fully occupied price separately at $650,000.00), and 625 W Avenue A (12 one bedroom units mostly occupied price separately at $725,000.00). The whole portfolio is for sale as a package deal.The property includes the land lot next to it, where a similar building was and demolished.
$439 000 #|# 426 N G St, Lake Worth FL 33460 - 1260 sq. ft.;Residential Income,DuplexTop property in Lake Worth Beach completely renovated and priced to sell! Three bedrooms/one bathroom in the front unit and a one bedroom apartment with its own entrance from the alley at the rear. New roof (up to the rafters!) installed! Investment dream with artisanal/industrial zoning! Perfect for living/working space. Or live in the primary unit and collect rent from the other. Ideal for short-term rentals or two-family homes. New flooring, appliances, and fixtures. Walk to Publix, Starbucks, and Lake Ave, a host of other restaurants and boutiques! Short bike ride to the beach.
$435 000 #|# 238 NW 13th Ave, Delray Beach FL 33444 - 971 sq. ft.;Residential Income,DuplexRUN DON'T WALK...... Great investment opportunity this 1/1 & 1/1 Duplex is located in the center of Delray Beach off of Atlantic Ave, minutes from the ocean and all the tourist attractions. Property needs TLC and CASH ONLY Buyers................. New Permitted Wooden Fence. One fully remodeled guest bathroom in one of the units. Huge, oversized lot with huge backyard area and room for a pool and more.
$419 000 #|# 482 Cypress Av, Pahokee FL 33476 - 2558 sq. ft.;Residential Income,QuadruplexREMODELED BEAUTIFUL FOURPLEX. ALL UNITS ARE FULLY OCCUPIED Owner owns two MULTI FAMILIES (482 CYPRESS AVE and 444 CYPRESS AVE ) seller would like to sale both properties together, but it could be sold separate as well. ALL UNITS HAVE CENTRAL a/c. UNITS IS A 2/1 AND HAS THEIR OWN WATER AND ELECTRIC METER. GREAT INVESTMENT OPPORTUNITY
$419 000 #|# 444 Cypress Ave., Pahokee FL 33476 - 2558 sq. ft.;Residential Income,QuadruplexREMODELED BEAUTIFUL FOURPLEX. ALL UNITS ARE FULLY OCCUPIED Owner owns two MULTI FAMILIES (482 CYPRESS AVE and 444 CYPRESS AVE ) seller would like to sale both properties together, but it could be sold separate as well. ALL UNITS HAVE CENTRAL a/c. UNITS IS A 2/1 AND HAS THEIR OWN WATER AND ELECTRIC METER. GREAT INVESTMENT OPPORTUNITY
$380 000 #|# 1909 Windsor Ave, West Palm Beach FL 33407 - 973 sq. ft.;Residential Income,DuplexAttention investors! Cash cow with potential for $4000 monthly income! Dive into comfort with this beautifully RENOVATED LEGAL detached DUPLEX, with space to build a triplex; each unit featuring two bedrooms and one bathroom. EACH HOUSE FOR LESS THAN 200K Experience the convenience of in-house LAUNDRY facilities and enjoy ample land space, suitable for parking both cars and trucks. Located on a quiet street, this property offers the tranquility your tenant been searching for. Don?t miss out on making this lovely duplex your new investment. Contact us today to schedule a viewing and see all that this fantastic property has to offer! Ask us for lenders willing to finance 70%.
$369 000 #|# 968 W 9th St, Riviera Beach FL 33404 - 1376 sq. ft.;Residential Income,DuplexBEAUTIFUL DUPLEX FOR SALE! 2 BEDROOMS 1 BATH , PER UNIT, IN RIVIERA BEACH, TILE FLOOR, GOOD KITCHEN, NICE BACKYARD, SPACE TO PARK YOUR CAR. GREAT INVESTMENT OPPORTUNITY!!BOTH UNITS RENTED. $1450 A MONTH EACH!. TOTAL $2900.
$330 000 #|# 611 N Broadway, Lantana FL 33462 - 1568 sq. ft.;Residential Income,DuplexAttention investors!!! Discover the perfect duplex in Lantana! This charming duplex has received recent renovations and features a vacant, cozy 1-bed 1-bath unit, plus a spacious, 2-bed 1-bath unit which is now vacant but was leased at $1,800/month!! With endless potential and appliances included, this opportunity awaits your vision! Unit A features new floors throughout, new painting interior and exterior, and new appliances! Motivated seller, bring your offers!! Both units vacant at the moment so it's easy to show!
$310 000 #|# 202 NW 9th Ave, South Bay FL 33493 - 2032 sq. ft.;Residential Income,DuplexLooking for a great investment property this well maintained duplex with a 2 bedrooms and 1 bathroom on one side with a laundry room front, and a full 3 bedroom and 2 bathroom on the other side is ideal. rentals in the are are between $1400 and $2000 per month.
Multi-family for sale in Palm Beach County, Florida for Sale