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904 4th Street West Palm Beach FL 33401 MLS #RX-11073730

904 4th Street
West Palm Beach, FL, 33401
$950,000
Beds
0 Bathrooms
3,499 SqFt
0 Acres
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$950,000
904 4th Street
West Palm Beach, FL, 33401
MLS #RX-11073730 image #0MLS #RX-11073730 image #1MLS #RX-11073730 image #2MLS #RX-11073730 image #3MLS #RX-11073730 image #4MLS #RX-11073730 image #5MLS #RX-11073730 image #6MLS #RX-11073730 image #7MLS #RX-11073730 image #8MLS #RX-11073730 image #9MLS #RX-11073730 image #10MLS #RX-11073730 image #11MLS #RX-11073730 image #12MLS #RX-11073730 image #13MLS #RX-11073730 image #14MLS #RX-11073730 image #15MLS #RX-11073730 image #16MLS #RX-11073730 image #17MLS #RX-11073730 image #18MLS #RX-11073730 image #19

Project Description

EXCEPTIONAL OPPORTUNITY to acquire this 7.8% + CAP RATE NWD Zoning TURNKEY 3 UNIT income-producing property( approved for 4 rental units ) located in the path of progress, just West of the NORA development, slated for completion by late 2025. The property is steps away from City Place, the Bright Line, and minutes from ocean beaches, Worth Avenue, and PBI Airport . The property consists of three structures featuring FOUR approved rental units: the main house has a 3 BR/ 1.5 BA unit, & a 5BR /2BA unit; a 1BR/ 1BA Guest House; and a Studio/1 BA cottage. This 6,534 SF lot enjoys NWD zoning. New Roof 2022, renovations in 2023. Offered TURNKEY & FURNISHED. Please do not disturb the tenants. Financials & Zoning info in Documents. Just steps from NORA !

Property Details

Price:
$950,000
MLS #:
RX-11073730
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Quad Plex
Subdivision:
CLOWS
Listed Date:
Mar 21, 2025
Finished Sq Ft:
3,499
Year Built:
1925
Clows

Schools

Interior

Cooling
Central
Flooring
Ceramic Tile
Heating
Other

Exterior

Construction
CBS
Exterior Features
None
Homeowners Assoc
None
Lot Description
< 1/4 Acre
Roof
Other
Waterfront Details
None

Financial

Gross Operating Income
$99,000
HOA Fee
$0
Net Operating Income
$73,866
Taxes
$0
Utilities
Electric, Public Water

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Map

Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
904 4th Street
West Palm Beach, FL