220 Walton Boulevard
West Palm Beach, FL 33405
Map
- – beds
- – baths
- 4,540 sqft
- $528 per sqft
- 1950 build
- – on site
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.
Last checked:
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Last updated Jun 3, 2025
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MLS# RX-11096110 —
The Building
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Year Built:1950
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Separate Water Meters:No
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SqFt Total:4572
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SqFt Source:Tax Rolls
Interior
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SqFt Living:4540
Financial & Terms
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Short Sale:No
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HOPA:No Hopa
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Price Per SqFt:$528.41
Location
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Area:5440
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Latitude:26.676796
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Longitude:-80.051092
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Geographic Area:PB20
The Property
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Parcel ID:74434334150000780
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Zoning:MF20(c
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Type:Quad Plex
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Lot SqFt:10,100 Sqft
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Lot Dimensions:100.0 ft x 101.0 ft
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (561) 332-5684
- Office phone:
- (561) 599-3790
Taxes
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Taxes:$41,319.30
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Tax Year:2024
The Listing
The Community
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Subdivision:ESTATES OF SOUTH PALM BEACH ADD 1
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Pets on Premises:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/3/25
Jun 3, 2025
|
Listed / Active | BMLS | $2,399,000 | 23.0% (10.6% / YR) |
|
3/31/23
Mar 31, 2023
|
MLSM | $1,950,000 |
