805 20th Street West Palm Beach FL 33407 MLS #RX-11038134

805 20th Street
West Palm Beach, FL, 33407
$850,000
Beds
0 Baths
2,944 SqFt
0.13 Acres
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### **Investor-Focused Property #### **Exceptional Multi-Unit Income Opportunity** This unique property offers a **front single-family home** and a **rear duplex**, providing **multiple streams of rental income** in a high-demand market. Located in the revitalizing Northwood district, just 1.8 miles from downtown West Palm Beach, this property is an ideal investment for long-term cash flow and appreciation!! **Property Breakdown** ###According to West Palm Housing Authority, Rates for 3 bed = $2,590 and 4 Bed = $3,130###**Front Single-Family Home** -3 Bed, 1 Bath | 1,600 Sq. Ft.- Tenant occupied for 6 years at $2,400/month (below market)**Lease ends July 31, 2025 -Potential income $2,590/month A/C: 2018, Water Heater 2014**

Property Details

Price:
$850,000
MLS #:
RX-11038134
Status:
Active
Baths:
0
Address:
805 20th Street
Type:
Residential Income
Subtype:
Triplex
Subdivision:
WASHINGTON HEIGHTS
City:
West Palm Beach
Listed Date:
Nov 18, 2024
State:
FL
Finished Sq Ft:
2,944
ZIP:
33407
Lot Size:
5,756 sqft / 0.13 acres (approx)
Year Built:
1929
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Cynthia Nalley

Cynthia Nalley

Managing Broker

Cell Phone 561 309-7770

Cynthia Nalley is Co-Broker of Acquire Palm Beach and manages the business operations in addition to real estate transactions. She is a Project Management Professional (PMP) who has created technology systems and managed complex projects for SunTrust, Citibank, JP Morgan Chase, and many more. Cynthia is a longtime Downtown West Palm Beach resident and advocate. She serves on the WPB Downtown Development Authority Board of Directors and is Vice President of the WPB Downtown Neighborhood Associa…

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Schools

Interior

Cooling
Central, Wall- Win A/ C
Flooring
Vinyl Floor
Heating
Central, Window/ Wall

Exterior

Construction
Mixed
Exterior Features
Open Porch
Homeowners Assoc
None
Lot Description
< 1/4 Acre
Roof
Comp Shingle
Waterfront Details
None

Financial

Gross Operating Income
$69,300
Net Operating Income
$59,500
Taxes
$0
Utilities
Electric, Public Water, Water Available

Map

Community

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Listing courtesy of The Keyes Company, (561)–220–0550

© 2025 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2025-02-03.
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805 20th Street
West Palm Beach, FL