638 50TH Street, West Palm Beach, FL 33407
- $510,000
- 1,952
- SqFt
- List Price
- $510,000
- Status
- PENDING
- Days on Market
- 17
- MLS#
- B26067277
- Subtype
- Residential Income
- Year Built
- 1936
- Living Area
- 1,952
- Acres
- 0.24
- Subdivision
- North Palm Bch 4
- Neighborhood
- PB20
- MLS Area Major
- 5420
Property Description
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.
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Additional Information
- Exterior Features
- Outdoor Living Area, Other, Porch
- Taxes
- $6,393
- Flooring
- Tile
- Heating
- Wall Furnace
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Frame
- Stories
- 1
- Levels
- One
- Roof
- Composition, Shingle
- Elementary School
- West Riviera
- Middle School
- John F. Kennedy (Palm Beach)
- High School
- Palm Beach Lakes
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Listing courtesy of Home Sold Realty LLC. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Camilo De la Cruz Perez | Email: homesoldrealty@gmail.com