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USAFLWest Palm BeachEstates of South Palm Bea220 Walton Blvd
220 Walton Blvd, Home with 0 bedrooms, 0 bathrooms and null parking in West Palm Beach FL | Image 1
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$2,399,000

220 Walton Blvd, West Palm Beach, FL

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 4540 sqft
Garage No
Maintenance Fees 
Taxes $41,319
Days Active 97
Approx. Age 1950
Avg. Price Per Sqft $528
MLS® Number R11096110

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® NumberR11096110
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorNone
GarageNo
Approx. Age1950
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air, Electric
Heating Fuel

Extras

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