$2,399,000

220 Walton Blvd West Palm Beach, FL 33405

Southland Park Neighborhood

Estimated payment $16,731/month

Total Views 2,838
-- Bed
-- Bath
4,540 Sq Ft
$528 Price per Sq Ft

About This Home

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.

Listing Agent

Emanuel Fleurantin

Woyce Realty Investments & Consulting Inc. License #3358234 Listed on: 06/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,319

Year Built

  • Built in 1950

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,540 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Vinyl

Additional Features

  • 10,100 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434334150000780

Community Details

Overview

  • 2 Units
  • Estates Of South Palm Bea Subdivision

Building Details

  • Operating Expense $53,340
  • Net Operating Income $155,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,319

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 4540.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 74434334150000780
  • Lot Size: 100.0 ft x 101.0 ft
  • Lot Size Sq Ft: 10100.0
  • Zoning Description: MF20(c

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 155700.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 53340.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 41319.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $2,399,000 +23.0% $528 / Sq Ft
03/31/2023 03/31/23 Sold $1,950,000 -2.0% $430 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
02/19/2023 02/19/23 Price Changed $1,990,000 -9.5% $438 / Sq Ft
01/17/2023 01/17/23 Price Changed $2,200,000 -8.1% $485 / Sq Ft
01/09/2023 01/09/23 For Sale $2,395,000 -- $528 / Sq Ft
Source: BeachesMLS

Source: BeachesMLS

MLS Number: R11096110

BeachesMLS

Florida Palm Beach County West Palm Beach 33405 Southland Park

220 Walton Blvd, West Palm Beach, FL

This home is located at 220 Walton Blvd, West Palm Beach, FL 33405 and is currently priced at $2,399,000, approximately $528 per square foot. This property was built in 1950. 220 Walton Blvd is a home located in Palm Beach County with nearby schools including Palmetto Elementary School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Emanuel Fleurantin
Section Image
Woyce Realty Investments & Consulting Inc.
(561) 532-4357