536 18th ST, West Palm Beach, FL 33407
536 18th ST, West Palm Beach, FL 33407
536 18th ST, West Palm Beach, FL 33407
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Kate Zhurko

Kate Zhurko

+1(954) 734-5980
$550,000
Est. payment /mo
2,156 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,156 sqft

Price per Sqft $255

Subdivision Up To Date Add

MLS Listing ID F10512881

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 2156

Year Built 1925

Annual Tax Amount $6,392

Tax Year 2023

Contingent Other

Property Sub-Type Quadruplex

Property Description

Discover a rare opportunity to own a value-add quadplex in the heart of West Palm Beach. 3 of the 4 units are currently rented under market value, generating a total monthly income of $3,750 with individual rents of $1,200, $1,250, and $1,300. Upside is huge for the experienced investor, with updated 2 bed rentals in the area fetching over $1700 per month. 10 minutes from Downtown, the beach, Worth Avenue, and so much more, this property is perfectly positioned to capitalize on some forced appreciation in addition to the area's rapid growth and natural market appreciation. With the Palm Beach International Airport nearby, this location attracts a diverse range of tenants, ensuring strong rental demand. Drive-By viewings only until receiving a qualified offer. Please do not disturb tenants.

Location

State FL

County Palm Beach

Area 5240

Zoning MF14

Interior

Interior Features InteriorFeatures

Heating None, Separate Meters

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile

Fireplace No

Exterior

Exterior Feature Balcony

Utilities Available Cable Available

Water Access Desc Public

Roof Type Other

Porch Porch, Balcony

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Construction Status Resale

Others

HOA Fee Include Trash

Restrictions Other Restrictions

Tax ID 74434316160110250

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/536-18th-St-West-Palm-Beach-FL-33407/unbranded

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BeachesMLS, Inc. (FLR) IDX
Listed by Nicholas Sproul Southwestern Real Estate

Nearby School & Business

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Kate Zhurko
Kate Zhurko

Broker Associate | License ID: 3229050

+1(954) 734-5980

1200 E Las Olas Blvd Suite 102, Lauderdale, FL 33301, United States

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