805 20th Street # A,B,C
West Palm Beach, FL, 33407
$
700,000
Bedrooms10
Baths4.0
Sq
2,716
Monthly Estimate*
$
4,367
for $700,000 with 10 bedrooms and 4 full baths. This 2,716 square foot home was built in 1929 on a lot size of 0.13214.
Seller Financing Available - 30% Down, 10% Interest! Rare investment opportunity with a front single-family home (3/1, approx. 1,600 SF) and a two-story duplex in the rear. Duplex includes a 4/2 upstairs and a 3/1 downstairs. All tenants are currently on month-to-month leases, creating flexibility for rental increases or future redevelopment. Current total rent is $5,925/mo with upside to $8,310+/mo. Front home features A/C (2018), water heater (2014). Rear units include newer wall A/Cs and water heater (2016). Below-market rents provide built-in value-add. Drive-by only--please do not disturb tenants.All tenants are currently Month to Month. According to the West Palm Housing Authority, market rates for a 3-bedroom unit are $2,590 and for a 4-bedroom unit are $3,130.
Additional Features:
Utilities: Three separate electric meters, one shared water meter (average $300 per month)
Lawn care: Approximately $60 per month
Investment Highlights:
Immediate Upside: Rents are currently below market, with the opportunity to increase to align with West Palm Housing Authority rates, totaling $8,310 per month across all units.
Strong Rental Demand: Close to employment hubs, Clematis Street, and major transit routes including I-95, Brightline, and Palm Beach International Airport.
Area Revitalization: Northwood is undergoing significant redevelopment, leading to increasing property values and rental demand.
Strategic Location: Steps from the Northwood Historic District, 1.8 miles from downtown West Palm Beach, and minutes from the Intracoastal.
Why Invest Here?
This property offers strong rental income potential, a prime location, and long-term appreciation, making it an excellent investment for steady cash flow and future growth. Whether you are looking to maximize rental income or owner-occupy a unit, this opportunity provides flexibility and potential in one of South Florida's most promising markets.
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Features
Exterior
Lot Description
< 1/4 Acre
Exterior Amenities
Open Porch
Waterfront
No
None
Private Pool Y/N
No
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General
Construction
Mixed
Heating
Central
Window/Wall
Cooling
Central
Wall-Win A/C
Utilities
Electric
Public Water
Water Available
Possession
Funding
Roof
Comp Shingle
Zoning
SF11(c
HOA
None
Status
Active
Year Built
1929
REO
No
Subdivision
WASHINGTON HEIGHTS
Stories Count
2.0
Type
Triplex
Property Type
B
Area
5420
Unit Number
A
B
C
Auction
No
Tax Year
2024
Terms Considered
Cash
Conventional
Other
Owner
Gated Community
No
Short Sale
No
Restrict
None
Taxes
5738.00
Adult 55+
No Hopa
HOA/POA/COA (Monthly)
0.00
Virtual Tour
https://www.propertypanorama.com/805-20th-Street-ABC-West-Palm-Beach-FL-33407/unbranded
Geo Area
PB20
Legal Description
WASHINGTON HGTS LOT 19 BLK 6
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Interior
Flooring
Vinyl Floor
SqFt - Living
2716.00
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Internal Only
OriginalMLSID
RX-11059307
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* Excluded Features
List By
Michael J Johnston
Listing Agent
michael@johnstonhometeam.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $4,367
- Monthly Property Taxes
- $478
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Multi-family listings in West Palm Beach, FL
Average List Price
$906,954
Percent of Sale Price
30%
About West Palm Beach, FL
111,545
Population
36%
Since 2002
$
51,879
Median Income
40.03
Median Age
19%
Households with Children
Trends Information provided by ATTOM Data Solutions.
368239
Elementary School
368240
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
11/27/2025
|
$700,000
|
-3.45%
|
Price Down
|
|
11/14/2025
|
$725,000
|
-3.33%
|
Price Down
|
|
3/19/2025
|
$750,000
|
-9.09%
|
Price Down
|
|
2/5/2025
|
$825,000
|
|
Listed Price
|
805 20th Street # A,B,C, West Palm Beach, FL, 33407 is a Multi-Family Home for sale at $700,000 with 2,716 sqft and a lot size of 0.13214. 805 20th Street # A,B,C has 10 bedrooms, 4.0 baths, and was built in 1929. The property's zip code is 33407 which is in West Palm Beach, FL