For Sale
$699,900

244 Walton BlvdWest Palm Beach, FL 33405

Historic Charm, 3-Unit Multifamily

Overview

Added:
Dec 11, 2024
Days on market:
114
This charming three-unit apartment building, located at 244 Walton Blvd in West Palm Beach, Florida, presents a compelling investment opportunity. Built in 1953, this single-story, cinder-block structure boasts a desirable location in a historic area. The property features a mix of units: one two-bedroom, one-bathroom unit and two one-bedroom, one-bathroom units. Two of the one-bedroom units are currently month-to-month rentals with recently installed new air conditioning systems. Long-term rental rates are $1500, $1675, and $3200 respectively. The property offers ample space for the addition of a pool, a valuable amenity for future tenants. Please note that the property is being sold "as is," and any short sale will be subject to lender approval. The roof is older and should be considered for insurance purposes. This property is corporate-owned and presents a unique chance to acquire a well-situated multifamily investment in a thriving Florida market. The property is located in Palm Beach County, Florida, zip code 33405. The building has been partially remodeled.

Highlights

  • $699,900 asking price.
  • Three-unit multifamily apartment building.
  • Located at 244 Walton Blvd, West Palm Beach, FL 33405.
  • Built in 1953, one-story construction.
  • Unit mix: one 2/1 and two 1/1 units; some units recently updated.
  • Potential for added value (pool).

Property Details for 244 Walton Blvd

Property type
Apartment buildings, Small apartment buildings
Year Built
1953
Stories
1
Units
3

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.6768271
Longitude
-80.0519016
244 Walton Blvd, West Palm Beach, Florida

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244 Walton Blvd
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