Listed by Brown Harris Stevens of PB
$1,750,000
1211 Florida Avenue
Details
APN 74434328040110060
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,242
Units 4
NOI $84,700
Year Built 1923
Stories 2
Acreage 0.150
Zoning SF14(c
Multifamily | 4 Units
Marketing description
Quadplex at 1211 Florida Avenue features a spacious 3-bedroom, 2-bath main house plus three separate rental units in the rear--ideal for investors or owner-occupants seeking additional income. The main residence offers comfortable living space with generous bedrooms, two full baths, and plenty of natural light--perfect for a primary residence. Behind the main home, you'll find three income-producing units: a 2-bedroom, 1-bath; a 1-bedroom, 1-bath; and a studio with 1 bath, as well as a private one car garage. Two of the three rear units are currently rented, providing immediate cash flow. Situated in a central location, the property is a short distance from the Norton Museum of Art, the vibrant dining and gathering spot Grandview Public Market, HIVE, and downtown West Palm Beach. Just minutes away are Palm Beach and the area's beautiful beaches. Whether you're looking to expand your investment portfolio or live in the main home while generating rental income from the back units, this versatile property offers location, flexibility, and strong income potential all in one. Don't miss this rare opportunity in one of West Palm Beach's most desirable areas!
Listing Contacts
Listed by Brown Harris Stevens of PB
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$84,700.00
$7,058.33/mo
Valuation Metrics
0
DSCR
4.84%
Cap Rate
4.84%
ROI
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