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$2,100,000
190 Days On Site

220 Walton Boulevard
West Palm Beach, FL 33405

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1950
Built
Subdivision:
ESTATES OF SOUTH PALM BEA
County:
Palm Beach

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220 Walton Boulevard220 Walton Boulevard220 Walton Boulevard220 Walton Boulevard
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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 rentals--conservatively projected at $30K/unit annually. Turnkey investment with strong cash flow and Airbnb potential.

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Listing Snapshot
Price 
$2,100,000
Days On Site 
190 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.23 Acres
Year Built 
1950
MLS® Number 
R11084283
Status 
Active
Property Tax 
$41,319
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
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What's This?
Private
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoPrice changed to $2,100,000
6 months agoListing first seen on site
General Features
Acres 
0.23
Levels 
One
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)
Utilities 
Electricity AvailableWater Available
Zoning 
MF20(c
Interior Features
Cooling 
Central AirCeiling Fan(s)Electric
Flooring 
TileVinyl
Heating 
Central
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Exterior Features
Roof 
CompositionShingle
Community Features
Financing Terms Available 
Cash
MLS Area 
5440
Listing courtesy of Woyce Realty Investments & Consulting Inc.



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-10-30 03:20 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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