805 20th Street A,b,c
West Palm Beach, FL, 33407
$
700,000
Baths4.0
Sq
2,716
Monthly Estimate*
$
4,310
Studio for $700,000 with 4 full baths. This 2,716 square foot home was built in 1929 on a lot size of 0.13.
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 $2,000 per month lease expires 6/30/27. 3/1 downstairs $1,800 until April 2027. Front house leased for $2,400 month-to-month creating flexibility for rental increases or future redevelopment. Total rents up to $6,200 or more. Front home features A/C (2018), . 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. 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
General
Heating
Central
Wall Furnace
Cooling
Central Air
Wall/Window Unit(s)
Utilities
Water Available
Possession
Negotiable
Roof
Composition
Patio/Porch Features
Porch
Pets Allowed
Breed Restrictions
Yes
Year Built
1929
Electric
3 Phase
Tenant Pays
Cable TV
Electricity
Stories Count
2
Levels
Two
Unit Number
A
b
c
Property Subtype
Triplex
Tax Year
2025
Gross Income
72600
Waterfront Features
None
County
Palm Beach
Net Operating Income
62800
New Construction
false
Property Type
Residential Income
Subdivision Name
WASHINGTON HEIGHTS
Status
Active
Directions
I-95 Palm Beach lakes east to Tamarind
north 20th
east house on left 805
City
West Palm Beach
Senior Community Y/N
false
Number Of Units Total
3
MLS Area
5420
Tax Annual Amount
6214.15
Property Condition
Resale
Virtual Tour
https://www.propertypanorama.com/805-20th-Street-ABC-West-Palm-Beach-FL-33407/unbranded
Standard Status
Active
Property Sub Type Additional
Triplex
Legal Description
WASHINGTON HGTS LOT 19 BLK 6
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Interior
Flooring
Vinyl
Total Stories
2
Air Conditioning Y/N
true
Heating Y/N
true
Total Baths
4
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Exterior
Exterior Amenities
Outdoor Living Area
Storage
Lot Features
< 1/4 Acre
Water Source
Public
Lot Size Area
5756
Building Area Total
2944
Lot Size Acres
0.13
Waterfront Y/N
false
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* Excluded Features
List By
Michael J Johnston
Listing Agent
Affordability Calculator
- Monthly Principal & Interest
- $4,310
- Monthly Property Taxes
- $518
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
Multi-family listings in West Palm Beach, FL
Average List Price
$901,955
Percent of Sale Price
29%
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.
4827338
Elementary School
4827337
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
2/6/2026
|
$700,000
|
|
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 0.13. 805 20th Street A,b,c is a studio with 4.0 baths and was built in 1929. The property's zip code is 33407 which is in West Palm Beach, FL