627 32nd Street
West Palm Beach, FL 33407

  • – beds
  • – baths
  • 1,946 sqft
  • $421 per sqft
  • 1928 build
  • on site

This fourplex property has a tremendous cash flow generating a gross annual income of $81,600. Value can be further added to this property by raising rents, submetering utilities, installing laundry facilities, or renovating the interiors. All units are occupied and the tenants are on month-to-month leases which could be readjusted to market rents. The City of West Palm Beach collects waste and landlord pays for just the utilities and property taxes. Actual rents yield a 7.23% capitalization rate. The Northwood Historic District is known for its historic charm, diverse architectural styles, and sense of community. Located near the heart of downtown West Palm Beach, offering a variety of shops, restaurants, and cultural venues. On top of blocks away from the beach!

Beaches Multiple Listing Service logo Listing courtesy of BMLS / Partnership Realty Inc.

Last checked: Checking… • Last updated May 4, 2024 •

MLS# RX-10928257 —

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Walk Score®

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Bike Score®

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Transit Score®

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Sale history

Date Event Source Price % Change
10/17/23
Listed / Active BMLS $820,000
12/28/20
Price Changed BMLS
11/14/20
Listed / Active BMLS

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Multifamily For Sale

$820,000

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Listing provided by broker:

Gustavo Chaux

Partnership Realty Inc.

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627 32nd Street

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This multifamily located in Northwood Hills, West Palm Beach, FL 33407 is currently for sale for $820,000. 627 32nd Street is a 1,946 square foot multifamily with – beds and – baths that has been on Estately for 203 days. 627 32nd Street is in the Northwood Hills neighborhood of West Palm Beach and has a WalkScore® of 46, making it car-dependent. This multifamily is in the attendance area of Northmore Elementary School, Roosevelt Community Middle School, and Forest Hill Community High School.

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