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  • MLS® #: RX-11084283
  • 220 Walton Blvd
  • West Palm Beach, FL 33405
  • $2,399,000
  • 4,540 SqFt, 0.23 Acres
  • Commercial

8-unit multifamily just minutes from the beach. 1 Fully updated corner unit with impact windows/doors, and central AC. 4 large 1/1s and 4 standard 1/1s. Current income: $150,600/year, NOI: $97,208, cap rate: 4.99%. Pro forma income: $209,040, NOI: $155,649, cap rate: 6.49%. 3 units vacant and Airbnb-ready; the other 5 are on annual leases. Huge upside by converting corner units to short-term rentals--conservatively projected at $30K/unit annually. Turnkey investment with strong cash flow and Airbnb potential.

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Essential Information

  • MLS® #RX-11084283
  • Price$2,399,000
  • Square Footage4,540
  • Acres0.23
  • Year Built1950
  • TypeCommercial
  • Sub-TypeIncome
  • StyleResident. Multi-Fam.
  • StatusPrice Change

Community Information

  • Address220 Walton Blvd
  • Area5440
  • CityWest Palm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33405

Subdivision

ESTATES OF SOUTH PALM BEACH ADD 1

Interior

  • AppliancesFixtures, Building Only
  • HeatingCentral
  • CoolingCentral, Ceiling Fan, Electric
  • # of Stories1

Exterior

  • Lot DescriptionESTS OF SOUTH PALM B
  • RoofComp Shingle

Additional Information

  • Date ListedApril 24th, 2025
  • Days on Website46
  • ZoningMF20(c
  • Office: Woyce Realty Investments & Consulting Inc.

Property Location

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220 Walton Blvd on www.webmail.jupiterabacoahomes.us

Offered at the current list price of $2,399,000, this home for sale at 220 Walton Blvd features bedrooms and 0 bathrooms. This real estate listing is located in ESTATES OF SOUTH PALM BEACH ADD 1 of West Palm Beach, FL 33405 and is approximately 4,540 square feet. 220 Walton Blvd is listed under the MLS ID of RX-11084283 and has been available through www.webmail.jupiterabacoahomes.us for the West Palm Beach real estate market for 46 days.

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All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2025 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2025 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on June 9th, 2025 at 4:45am CDT.