805 20th Street A,b,c, West Palm Beach, FL 33407
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Priced at Only: $700,000
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Address: 805 20th Street A,b,c, West Palm Beach, FL 33407
Property Location and Similar Properties
- MLS#: R11161477 ( Residential Income )
- Street Address: 805 20th Street A,b,c
- Viewed: 2
- Price: $700,000
- Price sqft: $238
- Waterfront: No
- Year Built: 1929
- Bldg sqft: 2944
- Total Baths: 4
- Days On Market: 1
- Additional Information
- Geolocation: 27 / -80
- County: Palm Beach
- City: West Palm Beach
- Zipcode: 33407
- Subdivision: Washington Heights
- Provided by: The Keyes Company
- DMCA Notice
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DescriptionRare 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. 2 tenants are currently on month to month leases, and 3rd expires 6/30/27 creating flexibility for rental increases or future redevelopment. Current total rent is $6.050/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 onlyplease 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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Building and Construction
- Flooring: Vinyl
- Roof: Composition
Eco-Communities
- Water Source: Public
Utilities
- Cooling: Central Air, Wall/Window Unit(s)
- Electric: Three Phase
- Heating: Central, Window/Wall
- Utilities: Water Available
Amenities
- Association Amenities: Park
Finance and Tax Information
- Tax Year: 2025
Rental Information
- Tenant Pays: Cable TV, Electricity
Other Features
- Legal Description: WASHINGTON HGTS LOT 19 BLK 6
- Parcel Number: 74434316100060190
- Unit Number: A, B, C
- Zoning Code: SF11(c
Nearby Subdivisions
Bethesda Park
Cerda Sub
Coleman Park
Gale Lake Worth 1 Reamnded
Gallaghers Resub
Gramercy Park
Gramercy Park Unit 01
Gramercy Park Unit 02
Gramercy Park Unit 2
Gramercy Park Unit 4
Grant Park
Knowles Court
Knowles Court Amnded
Lakeside Court
Merry Place
N/a
None
North Palm Bch 1
North Palm Bch 2
North Palm Bch 3
North Palm Bch 4
North Palm Bch Pl 2
North Palm Bch Pl 4
North Palm Beach
North Palm Beach 01
North Palm Beach 04
North Palm Beach Pl 1
North Shore Terrace 1
North Shore Terrace 2
North Shore Terrace 3
North Shore Terrace Pl 2
North Shore Terrace Pl No 1
Northmore
Northmore Add
Northwood
Northwood Add
Northwood Add 05
Northwood Add In Pb 8 Pgs 47 &
Northwood Addition
Northwood Hills Historic Distr
Northwood Historic District
Northwood Shores
Old Northwood Historic Distric
Palm Beach House Condo
Palm Beach Lakes North 01
Palm Beach Lakes North 1
Park West
Pleasant City
South Mangonia
Spencer Lakes 2
Village Of Sandalwood Lakes 2
Washington Heights
Washington Hgts In
Westfield
Westfield At West Palm Be
Westfield At Wpb
Westfield At Wpb Blks 6 To 9 O
Westfield Repl In
- Natalie Gorse, REALTOR ®
- Tropic Shores Realty
- Office: 352.684.7371
- Mobile: 352.584.7611
- Mobile: 352.799.3239
- nataliegorse352@gmail.com
