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USAFLWest Palm BeachEstates of South Palm Bea220 Walton Blvd
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220 Walton Blvd, West Palm Beach, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$2,100,000

000
  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 4540 sqft
Garage No
HOA Fees 
Taxes $41,319
Days Active 143
Approx. Age 1950
Avg. Price Per Sqft $462
MLS® Number R11096110

Property Address: 220 Walton Blvd, West Palm Beach, FL, 33405-2342

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.
MLS® NumberR11096110
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1950
Stories
Pets

Included in Maintenance Fee

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

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 3, 2025List Date
$2,100,000List Price
Mar 19, 2023End Date
$1,950,000Sold Price

Sold

Apr 7, 2025List Date
$1,990,000List Price
  • Commute

Commute

Starting Address
Destination Address
220 Walton Blvd, West Palm Beach, FL

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