AgentLogo

638 50TH Street

West Palm Beach, FL 33407

MLS#: B26067277

$510,000

Status: Active
Listing number: B26067277
Listing provided by: Home Sold Realty LLC
Listing agent phone: None
Last update: 8 days ago
On site: 9 days ago
Browse Properties
NORTH PALM BCH 4 - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1936

Sq.Footage

1,952

Rare opportunity to acquire a 3-unit multifamily property located at 638 50th Street in West Palm Beach generating $4,950 per month in rental income ($59,400 annually). Built in 1936, the property consists of two buildings totaling 2,868 gross SF on a 0.24-acre lot. The unit mix includes three 2-bedroom/1-bathroom units averaging approximately 651 rentable SF, with wood frame construction, pitched composite shingle roofs, and window-unit A/Cs. Conveniently located near I-95, Downtown West Palm Beach, Palm Beach Island, St. Mary's Medical Center, and the Northwood district. An attractive opportunity for investors seeking immediate in-place income in a growing West Palm Beach rental market.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Other Exterior Features

    Other

  • Patio and Porch Features

    Porch, Screened

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.24

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $510,000

  • Tax Amount

    $6,393.65

  • Sq. Footage

    1,952

  • Price/SqFt

    $261

HOA

  • Association

    No

School District

  • Elementary School

    West Riviera

  • Middle School

    John F. Kennedy (Palm Beach)

  • High School

    Palm Beach Lakes

Property Features

  • Stories

    1

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Palm Beach

Elementary School

West Riviera

Middle School

John F. Kennedy (Palm Beach)

High School

Palm Beach Lakes

Listing Courtesy of Camilo De la Cruz Perez , Home Sold Realty LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Ashley Baillio

FOUNDER

Ashley Baillio

Call Ashley today to schedule a private showing.

(561) 609-2391

franko+southflorida@init.hr


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Rare opportunity to acquire a 3-unit multifamily property located at 638 50th Street in West Palm Beach generating $4,950 per month in rental income ($59,400 annually). Built in 1936, the property consists of two buildings totaling 2,868 gross SF on a 0.24-acre lot. The unit mix includes three 2-bedroom/1-bathroom units averaging approximately 651 rentable SF, with wood frame construction, pitched composite shingle roofs, and window-unit A/Cs. Conveniently located near I-95, Downtown West Palm Beach, Palm Beach Island, St. Mary's Medical Center, and the Northwood district. An attractive opportunity for investors seeking immediate in-place income in a growing West Palm Beach rental market.

638 50TH Street

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Sell South Florida via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

LEGAL DUPLEX in the heart of West Palm Beach!! Close to EVERYTHING and centered between I95 and the Turnpike. Front unit is 4beds 1bath, back is 1/1. Roof 2019 Currently rented for $1800, room to increase to $2500-$2700. Back Unit 1/1 currently for rent at $1500. Two seperate meters for both. Dead End street, lots of parking. This is an EXCELLENT investment in todays current market with great return. Current Rent roll, $3300 with ad value to $4500
#B26067842

West Palm Beach

2960 Chickamauga Avenue

None Beds

None Baths

1,011 Sq.Ft.

$475,000

MLS#: B26067842

Welcome to this spacious and versatile 6-bedroom, 2-bathroom home offering a unique layout with endless possibilities! Featuring two separate entrances, two kitchens, and two living rooms, this property can easily accommodate two families while maintaining the option to use the entire home as one spacious single-family residence. The home features an open patio, a fully fenced yard, impact windows, and two A/C units for added comfort and efficiency. With no HOA fees, you'll enjoy greater freedom and flexibility with your property. Conveniently located close to Downtown West Palm Beach, major highways, restaurants, shopping, entertainment, and everything the area has to offer. Whether you're looking for a spacious family home, a multi-generational living arrangement, or an investment opportunity, this property offers tremendous flexibility and potential. Don't miss the opportunity to make this versatile home your own!
#B26067667

West Palm Beach

633 Franklin Road

None Beds

None Baths

1,704 Sq.Ft.

$490,000

MLS#: B26067667

West Palm Duplex with Individual Water/Electric Meters with Own Washer/Dryer Utility Closets. Each Unit is a Mirrored Sized 2 Bedroom 1 Bath. Being Offered at a Price Point with Excellent Cap Rate Potential Possible with Minimal Improvements. 2026 HUD Fair Market Rent for 2 Bedrooms in 33401 Zip Code at $2,270.00.
#R11163329

West Palm Beach

1017 13th Street

None Beds

None Baths

1,344 Sq.Ft.

$450,000

MLS#: R11163329

None
#B26063361

West Palm Beach

924 MCINTOSH Street

None Beds

None Baths

1,666 Sq.Ft.

$545,000

MLS#: B26063361

DO NOT DISTURB TENANTS. DRIVE BY ONLY. INTERIOR VIEWING AND 15 DAY INSPECTION WITH ACCEPTABLE OFFERS ONLY AND BY APPOINTMENT. PROOF OF FUNDS WITH OFFERS. RENTERS ARE MONTH TO MONTH. LARGE UNIT 1200. SMALL UNIT 900. DO NOT DISTURB TENANTS DRIVE BY ONLY.
#B26049441

West Palm Beach

814 42nd Street

None Beds

None Baths

1,509 Sq.Ft.

$429,000

MLS#: B26049441

Single-story duplex 2/1 each unit rented for $1870 and $1850 situated in the Gramercy Park in West Palm Beach, Florida. Offering 1,848 square feet of finished living space. Total year Income $44,700.00 and Total year expenses are $8,352.00 including real estate taxes and all insurances: hazard, flood and liability. Each Unit has their own central A/C and their own Full size washer and dryer, The duplex format presents an excellent opportunity for investors or owner-occupants seeking versatile real estate options. This residence combines convenience with residential appeal. This is an outstanding opportunity to own property in an established community. *** The Duplex has a total of 4 bedrooms and 2 bathrooms - 2/1 EACH UNIT**** EACH UNIT HAS THEIR OWN SEPARATE LAUNDRY ROON WITH FULL SIZE WASHER AND & DRYER. SEPARATE ELECTRIC AND WATER METERS. ****The Duplex has a total of 4 bedrooms and 2 bathrooms - 2/1 EACH UNIT****
#B26043887

West Palm Beach

5171 Eadie Place Unit # 5171 - 5177

None Beds

None Baths

1,848 Sq.Ft.

$589,000

MLS#: B26043887

Great investment opportunity in West Palm Beach ! Clean, well maintained units all on separate electric and water meters. Central AC replaced in the past 3 years. No restrictions. Perfect opportinity for an investor or multi family purchase venture. Call today and make an appointment to see! This one won't last!
#B26036307

West Palm Beach

807 14th Street

None Beds

None Baths

1,222 Sq.Ft.

$599,999

MLS#: B26036307

Wonderful opportunity to purchase this Duplex. Great for Investors. 2/1 Unit A and 2/1 Unit B
#B26023574

West Palm Beach

1602 Meridian Road

None Beds

None Baths

1,620 Sq.Ft.

$499,900

MLS#: B26023574

Built in 1930, the property totals 1,578 gross square feet and is situated on a 0.20-acre lot. The building is of wood frame construction and features window unit air conditioning throughout. The unit mix consists of two one-bedroom/one-bathroom units and one three-bedroom/two-bathroom unit, providing a balanced combination of smaller and larger floorplans that appeal to a diverse tenant base. The low-density layout and larger lot size offer a more residential setting with potential for outdoor space enhancements. The property is ideally located in central West Palm Beach, with convenient access to Downtown West Palm Beach, I-95, and Palm Beach International Airport, as well as nearby employment hubs including Good Samaritan Medical Center and the surrounding commercial corridors. Residents also benefit from proximity to local retail, dining, and recreational amenities, including parks and waterfront attractions along the Intracoastal.
#B26011083

West Palm Beach

3804 Miller Avenue

None Beds

None Baths

1,578 Sq.Ft.

$595,000

MLS#: B26011083

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Sell South Florida via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Sell South Florida via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service