536 18th St, West Palm Beach, FL 33407
- 2,156 sqft
Multi-Family Home
Built in 1925
—— sqft lot
—— car garage
$278/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Pleasant City Elementary School
2222 Spruce Ave, West Palm Beach, FL, 33407
Grades EE-5
0.28 miles away
Roosevelt Community Middle School
1900 N Australian Ave, West Palm Beach, FL, 33407
Grades 6-8
0.56 miles away
Alexander W Dreyfoos Junior School of the Arts
501 S Sapodilla Ave, West Palm Beach, FL, 33401
Grades 9-12
1.44 miles away