NEW
- MLS® #: RX-11084283
- 220 Walton Blvd
- West Palm Beach, FL 33405
- $2,895,000
- 4,540 SqFt, 0.23 Acres
- Business
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
- CAD Dollar$4,013,625
- UK Pound£2,174,012
- Euro€2,545,232
- Square Footage4,540
- Acres0.23
- Year Built1950
- TypeBusiness
- Sub-TypeIncome
- StyleResident. Multi-Fam.
- StatusNew
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
- Office: Woyce Realty Investments & Consulting Inc.
Property Location
220 Walton Blvd on www.jupiteroceanfronthomes.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.jupiteroceanfronthomes.us for the West Palm Beach real estate market for 3 days.Facts About West Palm Beach, FL
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.
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.
If you are looking for some vibrant nightlife in West Palm Beach then visit Dr. Feelgood's Rock Bar and Grill. This colorful nightclub was created by Motley Crue’s front man Vince Neil and is a exciting venue for those looking for some great West Palm Beach nightlife.
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Listing information last updated on April 28th, 2025 at 5:31am CDT.