NEW
- MLS® #: RX-11059307
- 805 20th St #a,b,c
- West Palm Beach, FL 33407
- $825,000
- 10 Beds, 4 Bath, 2,944 SqFt
- Multi-Unit
Front Single-Family Home3 Bedrooms / 1 Bathroom | 1,600 Sq. Ft.Tenant occupied for six years at $2,400 per month (below market rent)Lease ends July 31, 2025 - Potential market rent: $2,590 per monthA/C: 2018, Water Heater: 2014**Rear DuplexUnit 803B (4 Bedroom / 2 Bathroom - Upstairs)Currently rented at $1,950 per month (below market rent)Potential market rent: $3,130 per month**Unit 803A (3 Bedroom / 1 Bathroom - Downstairs)Tenant paying $1,575 per month (below market rent)Potential market rent: $2,590 per monthFeatures newer wall unit A/Cs, water heater (2016)Lease ends January 31, 2025Flexible Delivery: While leases are in place, the property can be delivered with one or two units vacant, allowing the new owner to adjust rental strategy immediately.According to the West Palm Housing Authority, market rates for a 3-bedroom unit are $2,590 and for a 4-bedroom unit are $3,130. Additional Features: Utilities: Three separate electric meters, one shared water meter (average $300 per month) Lawn care: Approximately $60 per month Investment Highlights: Immediate Upside: Rents are currently below market, with the opportunity to increase to align with West Palm Housing Authority rates, totaling $8,310 per month across all units. Strong Rental Demand: Close to employment hubs, Clematis Street, and major transit routes including I-95, Brightline, and Palm Beach International Airport. Area Revitalization: Northwood is undergoing significant redevelopment, leading to increasing property values and rental demand. Strategic Location: Steps from the Northwood Historic District, 1.8 miles from downtown West Palm Beach, and minutes from the Intracoastal. Why Invest Here? This property offers strong rental income potential, a prime location, and long-term appreciation, making it an excellent investment for steady cash flow and future growth. Whether you are looking to maximize rental income or owner-occupy a unit, this opportunity provides flexibility and potential in one of South Florida's most promising markets.
View Virtual TourEssential Information
- MLS® #RX-11059307
- Price$825,000
- CAD Dollar$1,183,349
- UK Pound£665,499
- Euro€800,078
- HOA Fees0.00
- Bedrooms10
- Bathrooms4.00
- Full Baths4
- Square Footage2,944
- Year Built1929
- TypeMulti-Unit
- Sub-TypeTriplex
- RestrictionsNone
- StyleNo
- StatusNew
Community Information
- Address805 20th St #a,b,c
- Area5420
- SubdivisionWASHINGTON HEIGHTS
- CityWest Palm Beach
- CountyPalm Beach
- StateFL
- Zip Code33407
Amenities
- WaterfrontNone
Utilities
3-Phase Electric, Public Water, Water Available
Interior
- HeatingWindow/Wall, Central
- CoolingWall-Win A/C, Central
- # of Stories2
Exterior
- Exterior FeaturesOpen Porch
- Lot Description< 1/4 Acre
- RoofComp Shingle
- ConstructionMixed
- Office: The Keyes Company
Property Location
805 20th St #a,b,c on www.jupiteroceanfronthomes.us
Offered at the current list price of $825,000, this home for sale at 805 20th St #a,b,c features 10 bedrooms and 4 bathrooms. This real estate listing is located in WASHINGTON HEIGHTS of West Palm Beach, FL 33407 and is approximately 2,944 square feet. 805 20th St #a,b,c is listed under the MLS ID of RX-11059307 and has been available through www.jupiteroceanfronthomes.us for the West Palm Beach real estate market for 5 days.Facts About West Palm Beach, FL
West Palm Beach is home to over one million people and is the 3rd most populated city in the state of Florida.
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.
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.
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Listing information last updated on February 10th, 2025 at 11:01pm CST.