$1,950,000
SOLD MAR 31, 2023

220 Walton Blvd West Palm Beach, FL 33405

Southland Park Neighborhood
-- Bed
-- Bath
4,540 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$430 Per Sq Ft

19% Below List Price

78 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling Available
  • Heat Pump System

About This Home

As of March 2023

GREAT INVESTMENT OPPORTUNITY 100% RENOVATED BUILDING. 8-UNIT MULTI-FAMILY. FEW MILES TO THE BEACH.
Income: $159,600, cap rate 5.01%, NOI $99,601.
Pro forma income: $172,800, cap rate 5.63% NOI $109,891.
Fully tenant occupied with annual leases. Four large 1/1's and Four 1/1's with all updated interior and exterior, new roof , impact doors and window, New central AC, etc...
Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets.
Offering Memorandum, Rent Roll and financials available on request.

Last Agent to Sell the Property

Eric Amsallem

Beachfront Realty Inc License #3185189 Listed on: 01/09/2023

Beachfront Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,762

Year Built

  • Built in 1950

Parking

  • 10 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 4,540 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • 8 Units
  • Estates Of South Palm Bea Condos
  • Estates Of South Palm Bea Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 74434334150000780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,762

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: ESTATES OF SOUTH PALM BEA
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 4540
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Other
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ESTATES OF SOUTH PALM BEA
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump/Reverse Cycle
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 74434334150000780
  • Zoning: MF20 (ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 33762

Multi Family

  • Number Of Units Total: 8

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: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Emanuel Fleurantin

    Woyce Realty Investments & Consulting Inc.

    (561) 332-5684

    2 in this area

    56 Total Sales

    Emanuel Fleurantin
    Section Image

  • E

    Seller's Agent in 2023

    Eric Amsallem

    Beachfront Realty Inc

    (786) 985-1374

    2 in this area

    51 Total Sales

    Eric Amsallem
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11324708

MIAMI REALTORS® MLS

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 $1,950,000, approximately $429 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.

MIAMI REALTORS® MLS 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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