Luxury Flamingo Park 4-Plex for Sale in West Palm Beach
Multifamily | 4 Units | $375,000/unit
Marketing description
STUNNING RENOVATION IN PROGRESS:
All 4 units have (or will have) totally renovated kitchens and bathrooms: (2 of the 4 units are done)
KITCHEN
1. New Cabinents & Cupboard
2. New Sink
3. New Samsung Oven
4. New Samsung Microwave
BATHROOM
1. New Vanity & Sink
2. New Shower
3. New Tile
OTHER IMPROVEMENTS:
1. Recent HVAC service on all 4 units
2. Roof is getting resealed
3. Back Patio Concrete Repair
4. Landscape Improvements
5. Fence Repair
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OCCUPANCY & RENT
3 of the 4 units are currently occupied. All 3 rents are moderately below market which will transition to heavily below market once the renovations are complete.
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Investment highlights
Future Upside: Historic Flamingo Park remains one of the most stable and appreciating neighborhoods in West Palm Beach, ensuring long-term value retention.
Strong Rental Demand: Located in a high-density, high-demand historic district with a proven track record of consistent occupancy.
Income Versatility: Ideal for a "house hack" (live in one unit and rent the others) or as a high-performing addition to a long-term rental portfolio.
Walker’s Paradise: Boasting a Walk Score of 84, you are just steps away from local favorites like Bedner’s Farm Fresh Market, The New Park Place Retail Development, the Grandview Public Market & City Place.
Waterfront Proximity: Only two blocks from the Intracoastal Waterway and a short drive (approx. 1.5 miles) to the pristine beaches of Palm Beach.
Urban Convenience: Minutes from Downtown West Palm Beach, Clematis Street, and The Square (formerly CityPlace) for world-class dining, shopping, and entertainment.
Connectivity: Ideally situated for professionals and students, within walking distance to Palm Beach Atlantic University and less than 10 minutes from Palm Beach International Airport (PBI).
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