638 50TH ST, West Palm Beach, FL 33407
638 50TH ST, West Palm Beach, FL 33407
638 50TH ST, West Palm Beach, FL 33407
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$510,000
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1,952 SqFt
Active

638 50TH ST West Palm Beach, FL 33407

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Casey Heatherly

Casey Heatherly

+1(561) 450-9111

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,952 sqft

Price per Sqft $261

Subdivision North Palm Bch 4

MLS Listing ID B26067277

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 1952

Year Built 1936

Annual Tax Amount $6,393

Tax Year 2025

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Triplex

Property Description

Rare opportunity to acquire a 3-unit multifamily property located at 638 50th Street in West Palm Beach generating $4,950 per month in rental income ($59,400 annually). Built in 1936, the property consists of two buildings totaling 2,868 gross SF on a 0.24-acre lot. The unit mix includes three 2-bedroom/1-bathroom units averaging approximately 651 rentable SF, with wood frame construction, pitched composite shingle roofs, and window-unit A/Cs. Conveniently located near I-95, Downtown West Palm Beach, Palm Beach Island, St. Mary's Medical Center, and the Northwood district. An attractive opportunity for investors seeking immediate in-place income in a growing West Palm Beach rental market.

Location

State FL

County Palm Beach

Area 5420

Zoning SF7 (city)

Interior

Interior Features InteriorFeatures

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile

Fireplace No

Window Features Metal,Single Hung

Exterior

Exterior Feature Outdoor Living Area, Other, Porch

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Water Access Desc Public

Roof Type Composition,Shingle

Accessibility None

Porch Porch, Screened

Total Parking Spaces 2

Private Pool No

Building

Lot Description < 1/4 Acre

Dwelling Type Multi Family,Triplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

New Construction No

Construction Status Resale

Schools

Elementary Schools West Riviera

Middle Schools John F. Kennedy (Palm Beach)

High Schools Palm Beach Lakes

Others

Senior Community No

Restrictions No Restrictions

Tax ID 74434304080570190

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

Pets Allowed No Pet Restrictions, Yes

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BeachesMLS, Inc. (FLR) IDX
Listed by Camilo De la Cruz Perez Home Sold Realty LLC
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Casey Heatherly

Casey Heatherly

Broker Associate License ID: 276520035

+1(561) 450-9111

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638 50TH ST