536 18th St West Palm Beach, FL 33407
Pleasant City NeighborhoodEstimated payment $3,427/month
Highlights
- Cooling System Mounted To A Wall/Window
- Ceramic Tile Flooring
- No Heating
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,392
Year Built
- Built in 1925
Parking
- 1 Parking Space
Home Design
- Quadruplex
Interior Spaces
- 2,156 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
- Cable TV Available
Community Details
- 4 Units
- Up To Date Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 74434316160110250
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,907 | $320,161 | -- | -- |
| 2024 | $6,907 | $291,055 | -- | -- |
| 2023 | $6,392 | $264,595 | $87,152 | $197,439 |
| 2022 | $5,949 | $240,541 | $0 | $0 |
| 2021 | $5,539 | $218,674 | $31,000 | $187,674 |
| 2020 | $4,671 | $204,140 | $50,000 | $154,140 |
| 2019 | $4,372 | $186,354 | $50,000 | $136,354 |
| 2018 | $3,904 | $192,431 | $21,384 | $171,047 |
| 2017 | $3,204 | $123,563 | $14,256 | $109,307 |
| 2016 | $3,230 | $122,267 | $0 | $0 |
| 2015 | $2,848 | $102,393 | $0 | $0 |
| 2014 | -- | $88,798 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/17/2025 10/17/25 | Price Changed | $550,000 | -4.3% | $255 / Sq Ft | |
| 10/04/2025 10/04/25 | Off Market | $575,000 | -- | -- | |
| 10/02/2025 10/02/25 | For Sale | $575,000 | 0.0% | $267 / Sq Ft | |
| 07/30/2025 07/30/25 | Price Changed | $575,000 | -4.2% | $267 / Sq Ft | |
| 07/09/2025 07/09/25 | For Sale | $600,000 | 0.0% | $278 / Sq Ft | |
| 03/02/2023 03/02/23 | Rented | $1,300 | 0.0% | -- | |
| 02/09/2023 02/09/23 | Under Contract | -- | -- | -- | |
| 02/02/2023 02/02/23 | For Rent | $1,300 | 0.0% | -- | |
| 02/10/2020 02/10/20 | Sold | $299,000 | -8.0% | $139 / Sq Ft | View Prior Sale |
| 01/11/2020 01/11/20 | Pending | -- | -- | -- | |
| 07/26/2019 07/26/19 | For Sale | $325,000 | +228.3% | $151 / Sq Ft | |
| 06/02/2014 06/02/14 | Sold | $99,000 | 0.0% | $46 / Sq Ft | View Prior Sale |
| 05/03/2014 05/03/14 | Pending | -- | -- | -- | |
| 11/20/2013 11/20/13 | For Sale | $99,000 | -- | $46 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $299,000 | Action Title Company | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $130,000 | Attorney | |
| Warranty Deed | $99,000 | Florida Intl Title & Escrow | |
| Quit Claim Deed | -- | None Available | |
| Corporate Deed | $18,500 | Buyers Title Inc | |
| Trustee Deed | $35,200 | None Available | |
| Warranty Deed | $187,000 | Sunbelt Title Agency | |
| Warranty Deed | $128,000 | First National Title Company | |
| Warranty Deed | $82,000 | Approved Title Closers Inc | |
| Warranty Deed | $59,500 | Approved Title Closers Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $209,300 | New Conventional | |
| Previous Owner | $114,100 | New Conventional | |
| Previous Owner | $149,600 | Fannie Mae Freddie Mac | |
| Previous Owner | $96,000 | Purchase Money Mortgage | |
| Previous Owner | $85,000 | No Value Available | |
| Previous Owner | $59,500 | No Value Available |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10512881
APN: 74-43-43-16-16-011-0250
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