536 18th Street, West Palm Beach, FL 33407
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: nicholas sproul
Office: southwestern real estate
MLS#:F10512881
Source:RMLS
Price summary
- Price:$550,000
- Price per sq. ft.:$255.1
About this home
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.
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Home facts
- Year built:1925
- Listing ID #:F10512881
- Added:249 day(s) ago
- Updated:March 31, 2026 at 09:34 PM
Rooms and interior
- Flooring:Ceramic Tile
- Living area:2,156 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Roof:Other
- Year built:1925
- Building area:2,156 sq. ft.
- Construction Materials:Block
- Exterior Features:Porch
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$255.1
- Tax amount:$6,392 (2023)
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