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For sale
  • $2,399,000

    220 Walton Boulevard, West Palm Beach, FL 33405

    1beds
    4,540sqft
    : 
    Multi Family
    Built in 1950
    -- sqft lot
    $2,473,400 Zestimate®
    $528/sqft
    $-- HOA

    What's special

    Corner unitCentral ac
    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.
    21 days
    on Zillow
    |
    470
    |
    29
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 03, 2025 at 07:53am

    Listed by:

    Emanuel Fleurantin 561-332-5684,

    Woyce Realty Investments & Consulting Inc.

    Source: BeachesMLS,MLS#: RX-11096110MLS LogoOriginating MLS: Beaches MLS
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 220 Walton Boulevard.

    Next available tour time:Today at 4:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air, Electric, A/C Unit
    Appliances
    • Included: Microwave, Electric Range, Range - Electric
    Features
    • Flooring: Tile, Vinyl
    • Windows: Complete Impact Glass
    Interior area
    • Total structure area: 4,572
    • Total interior livable area: 4,540 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Space Parking
    Features
    • Stories: 1
    • Exterior features: None
    • Waterfront features: None
    Lot
    • Size: 10,100 Square Feet
    • Dimensions: 100.0 ft x 101.0 ft
    • Features: < 1/4 Acre
    Details
    • Parcel number: 74434334150000780
    • Zoning: MF20(c

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • CBS
    • Roof: Comp Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Electric: Electric Meter, Separate Electrical Meters
    • Sewer: Public Sewer
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: None
    • Subdivision: Estates Of South Palm Beach Add 1
    HOA
    • Services included: None
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $528/sqft
    • Tax assessed value: $1,939,196
    • Annual tax amount: $41,319
    • Date on market: 6/3/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Cable TV, Electricity
    • Electric utility on property: Yes
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