805 20th Street A,b,c, West Palm Beach, FL 33407
Overview
Description
Supplements: ... (Read more) According to the West Palm Housing Authority, market rates for a 3-bedroom unit are $2,590 and for a 4-bedroom unit are $3,130. Additional Features: Utilities: Three separate electric meters, one shared water meter (average $300 per month) Lawn care: Approximately $60 per month Investment Highlights: Immediate Upside: Rents are currently below market, with the opportunity to increase to align with West Palm Housing Authority rates, totaling $8,310 per month across all units. Strong Rental Demand: Close to employment hubs, Clematis Street, and major transit routes including I-95, Brightline, and Palm Beach International Airport. Area Revitalization: Northwood is undergoing significant redevelopment, leading to increasing property values and rental demand. Strategic Location: Steps from the Northwood Historic District, 1.8 miles from downtown West Palm Beach, and minutes from the Intracoastal. Why Invest Here? This property offers strong rental income potential, a prime location, and long-term appreciation, making it an excellent investment for steady cash flow and future growth. Whether you are looking to maximize rental income or owner-occupy a unit, this opportunity provides flexibility and potential in one of South Florida's most promising markets.
Listing Details MLS# R11161477
General Property Information
- Number Of Units Total
- 3
- Property Sub Type
- Triplex
- Building Area Main
- 2944
- Building Area Source
- Public Records
- Living Area Main
- 2716
- Year Built
- 1929
- Gated Community YN
- No
- Lot Size Area
- 5756
- Lot Size Acres
- 0.13
- Senior Community YN
- No
- Outdoor Living Spaces YN
- Yes
- Stories Total
- 2
- Stories
- 2
- Pool Private YN
- No
Property Features
Contract Information
- Comp Sale YN
- No
- Original List Price
- 700000
- Negotiable Seller Concessions YN
- Yes
Location and Legal
- Country
- United States
- County Or Parish
- Palm Beach
- County Parish Name
- Palm Beach
- Street Number
- 805
- Street Name
- 20th
- Street Suffix
- Street
- Unit Number
- A,b,c
- City Name
- West Palm Beach
- State Or Province
- FL
- Postal Code
- 33407
- Postal Zip
- 33407
- Subdivision Name
- WASHINGTON HEIGHTS
- Area
- 5420
- Geographic Area
- PB20
- Special Assessment YN
- No
- Parcel Number
- 74434316100060190
- Zoning
- SF11(c
- Directions
- I-95 Palm Beach lakes east to Tamarind, north 20th, east house on left 805
Financial Information
- Master Association YN
- No
- Tax Annual Amount
- 6214.15
- Tax Year
- 2025
- Tax Legal Description
- WASHINGTON HGTS LOT 19 BLK 6
- Estimated Monthly Assoc Recurring Fee
- 0
Status Change Information
- Major Change Timestamp
- 2026-02-06T19:15:04Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-02-06
More Information
Meter Information
- Separate Electric Meters YN
- Yes
- Number Of Separate Electric Meters
- 4
- Separate Gas Meters YN
- No
- Separate Water Meters YN
- No
Income and Expenses
- Annual Total Expense
- 9800
- Gross Income
- 72600
- Net Operating Income
- 62800
Pet Details
- Pet Fee YN
- No
Storm Protection
- Panel Shutters
- Complete
Showing Details
- Pet(s) on Premises
- No
Unit 1 Details
- Actual Rent
- 2400
- Baths Full
- Yes
- Efficiency YN
- No
- Furnished
- Unfurnished
- Hotel Room YN
- No
- SqFt
- 1182
Unit 2 Details
- Actual Rent
- 1800
- Baths Full
- Yes
- Efficiency YN
- No
- Furnished
- Unfurnished
- Hotel Room YN
- No
- SqFt
- 732
Unit 2 Lease Description
- Currently Leased YN
- Yes
- Lease Term
- 12 Months
Unit 2 Parking Details
- Carport YN
- No
- Garage YN
- No
Unit 3 Details
- Actual Rent
- 2000
- Baths Full
- 2
- SqFt
- 832
Price Calculations
- Current Price To SqFt
- 257.73
Originating Details
- Originating System Key
- 20260206190212411847000000
- Originating System ID
- M00000170
Office/Member Information
- DXORIGMLSID
- RML
Electric
- Three Phase
- Yes
Exterior Features
- Storage
- Yes
Flooring
- Vinyl
- Yes
Property Condition
- Resale
- Yes
Documents Available
- Copy Of Lease(s)
- Yes
- Deposit Held
- Yes
Tenant Pays
- Cable TV
- Yes
- Electricity
- Yes
Possession
- Negotiable
- Yes
Utilities
- Water Available
- Yes
Heating
- Central
- Yes
- Window/Wall
- Yes
Water Access
- None
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Owner Will Carry
- Yes
- Other
- Yes
Roof
- Composition
- Yes
Water Source
- Public
- Yes
Source Of Expenses
- Owner Provided
- Yes
Cooling
- Central Air
- Yes
- Wall/Window Unit(s)
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Text Listing Agent
- Yes
- See Remarks
- Yes
Pets Allowed YN
- Yes
- Yes
Pets Allowed
- Breed Restrictions
- Yes
Restrictions
- No Restrictions
- Yes
Tax Information
- No Homestead
- Yes
Outdoor Living Spaces
- Porch
- Yes
Porch Details
- Porch - Open
- Yes
Unit 1 Appliances
- Refrigerator
- Yes
Unit 1 Other Equipment
- Air Conditioning Unit
- Yes
Unit 1 Parking Features
- Open Parking
- Yes
Unit 2 Other Equipment
- Air Conditioning Unit
- Yes
Unit 2 Parking Features
- Open Parking
- Yes
Acreage Description
- Less Than 1/4 Acre Lot
- Yes
- Less Than 1 Acre Lot
- Yes
