$2,399,000
220 Walton Blvd, West Palm Beach, FL 33405
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
Emanuel Fleurantin
Woyce Realty Investments & Consulting Inc.
220 Walton Blvd, West Palm Beach, FL 33405