$945,000
$50K PRICE DROP

904 4th St West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated payment $5,704/month

Total Views 8,225
-- Bed
-- Bath
3,430 Sq Ft
$276 Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • 3-minute walk to Alice Mickens Park

About This Home

EXCEPTIONAL OPPORTUNITY to acquire this 7.6% + CAP RATE NWD Zoning (Can build another story! )TURNKEY 3 UNIT income-producing property( approved for 4 rental units ) located in the path of progress, just steps from the $1 Billion NORA development, which is now OPEN! The property is also steps away from City Place, the Bright Line, and minutes from ocean beaches, Worth Avenue, and PBI Airport . 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, reach out for videos and with any questions.

Listing Agent

Giuliana Torre

Douglas Elliman License #3482519 Listed on: 03/20/2025

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,734

Year Built

  • Built in 1925

Interior Spaces

  • 3,430 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Additional Features

  • 6,550 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 74434321060230020
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Clows Subdivision

Building Details

  • Operating Expense $25,134
  • Net Operating Income $71,864

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,734

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1925
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3430.0

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434321060230020
  • Lot Size: 50.0 ft x 131.0 ft
  • Lot Size Sq Ft: 6550.0
  • Zoning Description: NWD-R

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 71864.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 25134.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8734.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 Price Changed $945,000 -0.5% $276 / Sq Ft
09/23/2025 09/23/25 For Sale $950,000 0.0% $277 / Sq Ft
09/20/2025 09/20/25 Off Market $950,000 -- --
06/24/2025 06/24/25 Price Changed $950,000 -2.6% $277 / Sq Ft
06/12/2025 06/12/25 Price Changed $975,000 -2.0% $284 / Sq Ft
03/20/2025 03/20/25 For Sale $995,000 +87.7% $290 / Sq Ft
03/07/2023 03/07/23 Sold $530,000 -7.8% $155 / Sq Ft View Prior Sale
01/16/2023 01/16/23 Price Changed $575,000 -4.2% $168 / Sq Ft
12/14/2022 12/14/22 For Sale $600,000 -- $175 / Sq Ft
Source: BeachesMLS

Source: BeachesMLS

MLS Number: R11073730

BeachesMLS
Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

904 4th St, West Palm Beach, FL

For Sale

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.

Nearby Homes
Giuliana Torre
Listing Agent
Giuliana Torre
Section Image
Douglas Elliman
(561) 861-3460