

904 4th Street , West Palm Beach
Amazing opportunity to buy in the path of progress while earning 7.26% Cap Rate !
Marketing description
***EXCEPTIONAL OPPORTUNITY to acquire this TURNKEY 7.26% + CAP RATE prime 3 UNIT , approved for 4 rental units by the city ; income-producing property located in the path of progress, just West of the NORA development, slated for completion by late 2025. The property is steps away from City Place, the Bright Line, and minutes from ocean beaches, Worth Avenue, and PBI Airport . The property consists of three structures featuring FOUR approved rental units: the main house has a 3 BR/ 1.5 BA unit, & a 5BR /2BA unit; a 1BR/ 1BA Guest House; and a Studio/1 BA cottage. This 6,534 SF lot enjoys NWD zoning. New Roof 2022, renovations in 2023. Offered TURNKEY & FURNISHED. Please do not disturb the tenants. Financials & Zoning info in Documents. TAKING BACKUP OFFERS!
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