West Palm Beach, FL 33407 536 18th Street
$550,000



16 more
















Presented By: Southwestern Real Estate
Home Details
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.
Presented By: Southwestern Real Estate
Interior Features for 536 18th Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NNo
Total Stories1
General for 536 18th Street
Association Fee IncludesTrash
CityWest Palm Beach
Construction MaterialsBlock
ContingencyOther
CoolingWall/Window Unit(s)
CountyPalm Beach
HeatingNone, Separate Meters
Legal DescriptionUP TO DATE ADD TO PLEASANT CITY LT 25 BLK 11
MLS Area5240
New ConstructionNo
Number Of Units Total4
Patio/Porch FeaturesPorch, Balcony
PossessionNegotiable
PostalCityWest Palm Beach
Property ConditionResale
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
RoofOther
SewerPublic Sewer
Standard StatusActive Under Contract
StatusActive Under Contract
Subdivision NameUp To Date Add
Tax Annual Amount6392
Tax Year2023
UtilitiesCable Available
Virtual TourClick here
Year Built1925
Exterior for 536 18th Street
Building Area Total2156
Exterior AmenitiesBalcony
Lot Dimensions4996 sqft
Lot Features< 1/4 Acre
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Ana McCausland
Realtor®
SQFT • 2,156