- MLS® #: RX-11084283
- 220 Walton Boulevard
- West Palm Beach, FL 33405
- $2,399,000
- 4,540 SqFt, 0.23 Acres
- Business
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.
View Virtual TourEssential Information
- MLS® #RX-11084283
- Price$2,399,000
- CAD Dollar$3,319,616
- UK Pound£1,775,984
- Euro€2,047,539
- Square Footage4,540
- Acres0.23
- Year Built1950
- TypeBusiness
- Sub-TypeIncome
- StyleResident. Multi-Fam.
- StatusActive
Community Information
- Address220 Walton Boulevard
- Area5440
- CityWest Palm Beach
- CountyPalm Beach
- StateFL
- Zip Code33405
Subdivision
ESTATES OF SOUTH PALM BEACH ADD 1
Interior
- AppliancesBuilding Only, Fixtures
- HeatingCentral
- CoolingCentral, Ceiling Fan, Electric
- # of Stories1
Exterior
- Lot DescriptionESTS OF SOUTH PALM B
- RoofComp Shingle
- Office: Woyce Realty Investments & Consulting Inc.
Property Location
220 Walton Boulevard on www.jupiteroceanfronthomes.us
Offered at the current list price of $2,399,000, this home for sale at 220 Walton Boulevard features bedrooms and 0 bathrooms. This real estate listing is located in ESTATES OF SOUTH PALM BEACH ADD 1 of West Palm Beach, FL 33405 and is approximately 4,540 square feet. 220 Walton Boulevard is listed under the MLS ID of RX-11084283 and has been available through www.jupiteroceanfronthomes.us for the West Palm Beach real estate market for 135 days.Facts About West Palm Beach, FL
To enjoy a taste of the local ethnic cuisine that has inspired West Palm Beach since its inception visit Havana. This Cuban-style restaurant features specialties like Cuban coffee, fried churros , exotic fruits and slow roasted Spanish chicken.
West Palm Beach is home to Lion Country Safari. It is a 500-acre cage less zoo that has thousands of free roaming animals. It would make a great stop for the family if you are visiting West Palm Beach.
The Museum at Ragtops Motorcars is one of West Palm Beach most interesting attractions. It has housed some of the most interesting 1950s and 1960s memorabilia since it opened in 1908.
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Listing information last updated on September 7th, 2025 at 10:02am CDT.