$950,000

904 4th Street, West Palm Beach, FL 33401

  • 3,430 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $277/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

EXCEPTIONAL OPPORTUNITY to acquire this 7.8% + CAP RATE NWD Zoning TURNKEY 3 UNIT income-producing property( approved for 4 rental units ) located in the path of progress, just West of the NORA development, slated for completion by late 2025. The property is steps away from City Place, the Bright Line, and minutes from ocean beaches, Worth Avenue, and PBI Airport . The property consists of three structures featuring FOUR approved rental units: the main house has a 3 BR/ 1.5 BA unit, & a 5BR /2BA unit; a 1BR/ 1BA Guest House; and a Studio/1 BA cottage. This 6,534 SF lot enjoys NWD zoning. New Roof 2022, renovations in 2023. Offered TURNKEY & FURNISHED. Please do not disturb the tenants. Financials & Zoning info in Documents. Just steps from NORA !

Listing Status:
Active
Date Added:
March 20, 2025 at 05:00AM
Listing Office:
Douglas Elliman : (561) 655-8600
Listing Agent:
Giuliana Torre : (917) 379-6306
MLS ID:
R11073730
  • Flooring: Ceramic Tile
  • A/C: Central Air
  • Heating: Other

This listing courtesy of Giuliana Torre, Douglas Elliman

Monthly Payment

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

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Location

Schools Nearby

U

U. B. Kinsey/Palmview Elementary School

800 11th St, West Palm Beach, FL, 33401

Grades PK-5

0.46 miles away

R

Roosevelt Community Middle School

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

Grades 6-8

0.97 miles away

A

Alexander W Dreyfoos Junior School of the Arts

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

Grades 9-12

0.55 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.