536 18th St

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.

Overview

Property Status

For Sale

MLS ID

F10512881

Property Type

Multi-Family

Year Built

1925

Are you interested?

Schedule a Tour

Nicholas Sproul

(954) 304-5186 [email protected]

Features & Amenities

Architecture Styles

Fourplex

Stories

Water Source

Public

Utilites

Cable Available

Pool

None

Roof

Other

Lot Features

1/4 Acre

Heat Type

None

Air Conditioning

Wall/Window Unit(s)

Sewer

Public Sewer

Sales Price

$600,000

Real Estate Tax

$6,392/yr

Browse

Current Listings

Active Under Contract
$695,000

1521 SW 73rd Ave, Plantation, FL 33317
- 3 Beds
- 2 Baths
- 2,253 Sq.Ft.
For Sale
$600,000

536 18th St, West Palm Beach, FL 33407
- 2,156 Sq.Ft.
For Sale
$550,000

618 NE 35th St, Oakland Park, FL 33334
- 3 Beds
- 2 Baths
- 1,822 Sq.Ft.
Pending
$399,999

5324 Tennis Ln, Delray Beach, FL 33484
- 3 Beds
- 3 Baths
- 1,806 Sq.Ft.
Active Under Contract
$349,900

6793 Dupere Ln, Lake Worth, FL 33467
- 3 Beds
- 3 Baths
- 1,728 Sq.Ft.
For Sale
$315,000

7503 SW 26th Ct 2, Davie, FL 33314
- 2 Beds
- 2 Baths
- 1,293 Sq.Ft.
For Sale
$250,000

3100 Riverside Dr 109, Coral Springs, FL 33065
- 2 Beds
- 2 Baths
- 995 Sq.Ft.
For Sale
$175,000

180 NE 12th Ave 12D, Hallandale Beach, FL 33009
- 1 Bed
- 1 Bath
- 660 Sq.Ft.
Active Under Contract
$145,000

1700 NW 80th Ave 107, Margate, FL 33063
- 2 Beds
- 2 Baths
- 1,000 Sq.Ft.
For Sale
$75,000

3040 Holiday Springs Blvd 307, Margate, FL 33063
- 1 Bed
- 1 Bath
- 725 Sq.Ft.
Pending
$3,900/mo

816 SW 4th Ave 10, Fort Lauderdale, FL 33315
- 2 Beds
- 3 Baths
- 2,046 Sq.Ft.
For Lease
$2,800/mo

2500 NE 16th Ave, Wilton Manors, FL 33305
- 3 Beds
- 2 Baths
- 1,000 Sq.Ft.
For Lease
$2,000/mo

3000 NE 5th Ter 114-A, Wilton Manors, FL 33334
- 1 Bed
- 1 Bath
- 700 Sq.Ft.