$600,000

536 18th St, West Palm Beach, FL 33407

  • 2,156 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $278/sqft
  • Property List Date Icon Listed 3 days ago

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.

Listing Status:
Active
Date Added:
July 9, 2025 at 05:00AM
Listing Office:
Southwestern Real Estate : (954) 304-5186
Listing Agent:
Nicholas Sproul : (954) 304-5186
MLS ID:
F10512881
  • Flooring: Ceramic Tile
  • A/C: Wall/Window Unit(s)
  • Heating: None

This listing courtesy of Nicholas Sproul, Southwestern Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pleasant City Elementary School

2222 Spruce Ave, West Palm Beach, FL, 33407

Grades EE-5

0.28 miles away

R

Roosevelt Community Middle School

1900 N Australian Ave, West Palm Beach, FL, 33407

Grades 6-8

0.56 miles away

A

Alexander W Dreyfoos Junior School of the Arts

501 S Sapodilla Ave, West Palm Beach, FL, 33401

Grades 9-12

1.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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