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805 20th Street , A,B,C

West Palm Beach, FL 33407
  • $750,000
  • STATUS: Active
  • ON SITE: 44 Days
  • ID#: RX-11059307
Price Reduced
$750,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,716
    SQFT
  • $276
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Description

Front Single-Family Home3 Bedrooms / 1 Bathroom | 1,600 Sq. Ft.Tenant occupied for six years at $2,400 per month (below market rent)Lease ends July 31, 2025 - Potential market rent: $2,590 per monthA/C: 2018, Water Heater: 2014**Rear DuplexUnit 803B (4 Bedroom / 2 Bathroom - Upstairs)Currently rented at $1,950 per month (below market rent)Potential market rent: $3,130 per month**Unit 803A (3 Bedroom / 1 Bathroom - Downstairs)Tenant paying $1,575 per month (below market rent)Potential market rent: $2,590 per monthFeatures newer wall unit A/Cs, water heater (2016)Lease ends January 31, 2025Flexible Delivery: While leases are in place, the property can be delivered with one or two units vacant, allowing the new owner to adjust rental strategy immediately.

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www.kaufman-propertiesfl.com/homes/160044472
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805 20th Street , A,B,C West Palm Beach, FL 33407

  • Price: $750,000
  • Status: Active
  • On Site: 44 Days
  • ID#: RX-11059307
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2,716
SQFT
$276
$/SQFT
1929
Built
Neighborhood:
Washington Heights
County:
Palm Beach
Area:
West Palm Beach
Property Description
Front Single-Family Home3 Bedrooms / 1 Bathroom | 1,600 Sq. Ft.Tenant occupied for six years at $2,400 per month (below market rent)Lease ends July 31, 2025 - Potential market rent: $2,590 per monthA/C: 2018, Water Heater: 2014**Rear DuplexUnit 803B (4 Bedroom / 2 Bathroom - Upstairs)Currently rented at $1,950 per month (below market rent)Potential market rent: $3,130 per month**Unit 803A (3 Bedroom / 1 Bathroom - Downstairs)Tenant paying $1,575 per month (below market rent)Potential market rent: $2,590 per monthFeatures newer wall unit A/Cs, water heater (2016)Lease ends January 31, 2025Flexible Delivery: While leases are in place, the property can be delivered with one or two units vacant, allowing the new owner to adjust rental strategy immediately.
Exterior Features

Carport Spaces 0.00 Construction Mixed Exterior Features Open Porch Lot Description < 1/4 Acre Private Pool YN No Roof Comp Shingle Storm Protection Panel Shutters Complete Unit1 Parking Open Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling CentralWall-Win A/C Flooring Vinyl Floor Heating CentralWindow/Wall Unit1 Bedrooms 3 Unit1 Desc A/C Unit Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 1182 Unit2 Bedrooms 3 Unit2 Desc A/C Unit Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 732 Unit3 Bedrooms 4 Unit3 Desc A/C Unit Unit3 Full Baths 2 Unit3 Furnished No Unit3 Sq Ft 850

Property Features

Annual Net Operating Income 59500.00 Annual Total Expenses 9800.00 Auction No Available Info DepositLeases Built Desc Resale Gated Community No Gross Operating Income 69300.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Triplex Possession Funding REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 2944.00 Subdivision Amenities Park Tax Amount 5738.00 Tax Year 2024 Taxes No Homestead Tenant Pays CableElectric Terms Considered CashConventional Unit1 Lease Ends 2025-07-31 Unit1 Monthly Income 2400.00 Unit2 Lease Ends 2025-01-31 Unit2 Monthly Income 1575.00 Unit3 Lease Ends 2026-05-30 Unit3 Monthly Income 1950.00 Utilities ElectricPublic WaterWater Available Zoning SF11(c

Listing provided courtesy of The Keyes Company: 561-577-0398. Listing information © 2025 BeachesMLS
 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432