INCREDIBLE INVESTMENT OPPORTUNITY | PRIME RESIDENTIAL INCOME PROPERTY | EXCEPTIONAL DEVELOPMENT POTENTIAL | POISED FOR FUTURE GROWTH | ZONED FOR BOTH COMMERCIAL AND MULTI-FAMILY USE | This Lot is Contiguous With Other Properties, Making... Read More
Investing in Palm Beach County.
The South Florida real estate market, specifically Palm Beach County, has become a thriving real estate center fueled by both local and international investors. Half of all purchases in Palm Beach County in 2013 were made by cash investors. This region has gained steady ground after the housing collapse in the mid 2000's. Last year alone, we closed deals for our foreign investors that came from countries such as Canada, China, and Venezuela.
If you are a local or international investor, we have the capability of finding you the right investment property. Upon request, we can send you a video walk-through of potential investments and the surrounding areas, along with a rental rate comparative market analysis of what homes have rented for in that area. Once you close on your investments, our team of contractors can assess your home and get it rent-ready within a few days. When the home is ready to be rented, we will market your property in order to find a qualified tenant. Once we find a qualified tenant, we will have them execute one of our attorney-prepared leases. After a tenant moves in, we will manage your property and begin sending you your monthly rental income.
Considering investing? Have you considered this...
If you are looking to invest in Palm Beach County multi-family housing or investment property there are many key items that you should consider when choosing a location.
Location, Location, Location- Sounds easy enough, but what does that mean and what area is a good location? Some criteria that we urge our investors to consider is the proximity of the investment property to schools and public transportation.
HOA's- Purchasing an investment property in a community that is governed by a Home Owners Association can be great for the long term value of the property. Additionally, HOA's provide a second level of protection against nuisance tenants since there is an additional round of screening due to the approval process administered by the board of the HOA. However, these positives are sometimes outweighed by the negatives due to the monthly dues eating away at your profits.
Market Rate- It's always best to find out what properties are renting for in the immediate area before you decide to purchase a property. A home on street A could rent substantially less or more than a home on street B simply because the homes are in different school zones, or different utility companies. We will prepare a rental rate comparative market analysis so that you can determine the correct rental rate.
HOA restrictions- Please be advised that some HOA's will restrict the number of times a home can be rented or the duration of a tenancy. Its important to read over the HOA restrictions prior to investing in Palm Beach County rental homes.
How does FIRPTA affect international investors?
One thing to consider if you are a foreign investor investing in Palm Beach County, or anywhere in the United States for that matter, is FIRPTA. The following is courtesy of the IRS and can be found on their website at:
http://www.irs.gov/Individuals/International-Taxpayers/FIRPTA-Withholding
"The disposition of a U.S. real property interest by a foreign person (the transferor) is subject to the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) income tax withholding. FIRPTA authorized the United States to tax foreign persons on dispositions of U.S. real property interests. A disposition means "disposition" for any purpose of the Internal Revenue Code. This includes but is not limited to a sale or exchange, liquidation, redemption, gift, transfers, etc. Persons purchasing U.S. real property interests (transferees) from foreign persons, certain purchasers' agents, and settlement officers are required to withhold 10 percent of the amount realized on the disposition (special rules for foreign corporations). In most cases, the transferee/buyer is the withholding agent. If you are the transferee/buyer you must find out if the transferor is a foreign person. If the transferor is a foreign person and you fail to withhold, you may be held liable for the tax. For cases in which a U.S. business entity such as a corporation or partnership disposes of a U.S. real property interest, the business entity itself is the withholding agent."
Please note that there are also certain exceptions to this withholding requirement and these exceptions can be found on their website as well.
624 Datura Street, West Palm Beach, FL 33401
516 Park Place, West Palm Beach, FL 33401
N/A
UNITS
Quad Plex
SUB TYPE
$2,350,000
LISTING PRICE
4,080
SQUARE FEET
516 Park Place (the ''Property'') offers an exceptional investment opportunity in West Palm Beach's Flamingo Park neighborhood, a prime location known for its historic charm and proximity to top dining, shopping, and cultural landmarks... Read More
513-515 47th Street, West Palm Beach, FL 33407
5
UNITS
Quad Plex
SUB TYPE
$2,150,000
LISTING PRICE
2,625
SQUARE FEET
FULLY RENOVATED, 5 UNITS, within 3 SEPARATE BUILDINGS just less than two blocks from the intercostal! All new inside and out. Interior has all new vinyl wood flooring, tile, modern kitchens and bathrooms in each unit. All units have... Read More
318 9th Street, West Palm Beach, FL 33401
2
UNITS
Duplex
SUB TYPE
$2,100,000
LISTING PRICE
1,825
SQUARE FEET
This rare property for sale with office/professional zoning located East of Dixie Downtown near the Palm Beach Yacht Club will out perform Northwood, El Sid and Grandview Height. The West side of US1 is rapidly being developed, this will... Read More
1434 Hawthorne Place, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,750,000
LISTING PRICE
5,650
SQUARE FEET
This exceptional multi-family property offers a rare chance to own a highly desirable income producing property in one of Florida's most sought after communities. Featuring a brand new roof with 10 year warranty, fresh exterior paint... Read More
6425 Royal Palm Beach Boulevard, West Palm Beach, FL 33412
N/A
UNITS
Triplex
SUB TYPE
$1,600,000
LISTING PRICE
4,962
SQUARE FEET
Investment house with $8300 per moth Rental income. House consists of 3 separate Rental areas with each having separate entrances. The main House rental of $4300 / mth, have 5 bedrooms, 2.5 bathrooms, Kitchen, Living room, Dining room... Read More
707 Talladega Street, West Palm Beach, FL 33405
3
UNITS
Triplex
SUB TYPE
$1,520,000
LISTING PRICE
1,848
SQUARE FEET
Price Adjustment! Explore this unique multi-family gem in West Palm Beach featuring 3 units total; the main house up front and a detached structure in the back with upper and lower units all 1 bed 1 bath, plus a large workshop space... Read More
1151 Goldenrod Road, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,500,000
LISTING PRICE
5,048
SQUARE FEET
Quadruplex in the Heart of Wellington. Perfect for seasonal rentals. All 4 units sold fully furnished well maintained and ready to rent. Read More
311 Wildermere Road, West Palm Beach, FL 33401
5
UNITS
Quad Plex
SUB TYPE
$1,490,000
LISTING PRICE
1,906
SQUARE FEET
Located in the desirable Mango Promenade Historic District, this 5-unit building presents a rare chance to generate income or be transformed into your dream home. Nestled in between El Cid & Downtown West Palm Beach, just 1 block from... Read More
610 38th Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$1,449,000
LISTING PRICE
3,400
SQUARE FEET
Excellent Opportunity for Investors and Owners/Users!! This beautiful property offers an unique investment opportunity with an impressive over 8% cap rate (report available upon request) in an area that is rapidly growing and increasing... Read More
1580 Montauk Drive, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,299,900
LISTING PRICE
4,436
SQUARE FEET
Discover a fantastic investment opportunity or a perfect place to call home with this spacious 2-bedroom, 2-bathroom per unit quadplex in the heart of Wellington. Nestled on a quiet street, this second-floor residence offers a covered... Read More
518 Biscayne Drive, West Palm Beach, FL 33401
4
UNITS
Quad Plex
SUB TYPE
$1,250,000
LISTING PRICE
3,372
SQUARE FEET
Upgraded 4-unit multifamily property in historic Flamingo Park. Qualifies for favorable owner-occupant financing which allows the rental income to help qualify for the loan with as low as 5% downpayment.Impact windows throughout. Each... Read More
4338 Forest Road, West Palm Beach, FL 33406
4
UNITS
Quad Plex
SUB TYPE
$1,200,000
LISTING PRICE
3,084
SQUARE FEET
Exceptional investment opportunity! QUADPLEX PLUS LAND LOT! This updated quadplex with no HOA offers impact windows throughout plus separate water & electric meters for each unit. The property is 100% occupied with great tenants... Read More
West Palm Beach, FL 33407
N/A
UNITS
Triplex
SUB TYPE
$1,200,000
LISTING PRICE
1,693
SQUARE FEET
Please do not disturb the tenants. Showings available with an offer contingent on inspection with proof of funds. Read More
258 Conniston Road, West Palm Beach, FL 33405
N/A
UNITS
Quad Plex
SUB TYPE
$1,099,999
LISTING PRICE
2,639
SQUARE FEET
Quadplex in Excellent Location near Antique Row! CBS built income producing property is in the heart of trendy downtown area of WPB only 2 blocks from the intracoastal, just before the bridge to Mara Lago. 4 units consist of 1x 2BD, 2x... Read More
904 4th Street, West Palm Beach, FL 33401
4
UNITS
Quad Plex
SUB TYPE
$995,000
LISTING PRICE
3,430
SQUARE FEET
***EXCEPTIONAL OPPORTUNITY to acquire this 7 % + CAP RATE prime 4 UNIT income-producing property 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... Read More
1512 Florida Avenue, West Palm Beach, FL 33401
2
UNITS
Duplex
SUB TYPE
$969,900
LISTING PRICE
1,868
SQUARE FEET
Charm abounds in the Florida Bungalow. This is a fantastic opportunity to freshen it up a bit and enjoy as a home or rental property or completely remodel to a dream home. Zoned for Palm Beach Public elementary! The main house features a... Read More
1675 E Breezy Lane, West Palm Beach, FL 33417
3
UNITS
Triplex
SUB TYPE
$950,000
LISTING PRICE
3,168
SQUARE FEET
PROPERTY QUALIFIES FOR SPECIAL FINANCING THRU MOTTO MORTGAGE! Very unique investment property. 1 single family home and 1 duplex on the same .58 acre lot. Live in the house and rent out the duplex. All 3 units are currently occupied by... Read More
6312 Webster Avenue, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$949,900
LISTING PRICE
1,300
SQUARE FEET
2 units (duplex) 6312/6314 with 1 car garage.Located in the highly desirable SOSO area of West Palm Beach just 3 blocks to the famed Intracoastal Promenade.Two side by side totally renovated and professionally decorated units each with... Read More
731 46th Street, West Palm Beach, FL 33407
5
UNITS
Quad Plex
SUB TYPE
$945,000
LISTING PRICE
2,636
SQUARE FEET
Excellent opportunity to invest in a well-maintained multifamily property. This property includes 2 structures with 3 units in the front building & 2 units in the rear building. The lot is 100 X 105 & includes an undeveloped side yard, a... Read More
538 28th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$850,000
LISTING PRICE
1,540
SQUARE FEET
Possible $6,000.00 a month gross income!! Completely renovated 1950 concrete block construction, new roof, kitchen, baths and windows. Corner multi-family property presents a unique investment opportunity. Each unit boasts one bedroom... Read More
4647 Marguerita Street, West Palm Beach, FL 33406
2
UNITS
Duplex
SUB TYPE
$850,000
LISTING PRICE
1,800
SQUARE FEET
Check out this excellent opportunity! Charming duplex on .68 acres in West Palm Beach, just minutes from downtown and Palm Beach International Airport. Both units offer 2 bedrooms & 1 bathrooms each. HVAC just replaced on both... Read More
935 Country Wood Court, Wellington, FL 33414
2
UNITS
Duplex
SUB TYPE
$849,900
LISTING PRICE
2,488
SQUARE FEET
BEAUTIFUL DUPLEX IN WELLINGTON , NEW ROOF, BACK YARD, BOTH SIDES HAVE 2 BEDROOMS+ DEN, 2 BATHS, 2 CAR GARAGE, ONE SIDE HAVE NEW A/C, NEW RANGE, NEW DISHWASHER,,FRESHLY PAINTED,NO HOA. Read More
424 Malverne Road, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$799,000
LISTING PRICE
1,612
SQUARE FEET
Calling all 1031 exchange buyers! Great opportunity to own a great investment property.The main house is a 2 + DEN/ OFFICE bedroom, 1 bathroom, and the guest house is 2 bedroom, 1 bathroom with a full kitchen, offering incredible rental... Read More
414 Ardmore Road, West Palm Beach, FL 33401
2
UNITS
Duplex
SUB TYPE
$750,000
LISTING PRICE
1,580
SQUARE FEET
🏡 Historic West Palm Beach Gem with Private Financing in Sunshine Park! 🏡This 1921 historic home offers charm and endless potential in sought-after Sunshine Park! The 3-bed, 2-bath main house features original details... Read More
805 20th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$750,000
LISTING PRICE
2,716
SQUARE FEET
Front Single-Family Home3 Bedrooms / 1 Bathroom | 1,600 Sq. Ft.Tenant occupied for six years at $2,400 per month (below market rent)Lease ends July 31, 2025 - Potential market rent: $2,590 per monthA/C: 2018, Water Heater: 2014**Rear... Read More
444 Malverne Road, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$749,900
LISTING PRICE
1,474
SQUARE FEET
Located in the desirable South of Southern (SoSo) neighborhood, this property offers two fully renovated homes on one lot. The rear home features three bedrooms and two bathrooms, while the front home includes two bedrooms and one... Read More
815 6th Street, West Palm Beach, FL 33401
3
UNITS
Triplex
SUB TYPE
$715,000
LISTING PRICE
2,838
SQUARE FEET
Run one of the last available historic properties available. Under recent appraised value. Large House and duplex in rear. Near sunset lounge and downtown. There is an assumable fha mortgage. Call for more details. Read More
2449 Saranac Avenue, West Palm Beach, FL 33409
2
UNITS
Duplex
SUB TYPE
$699,000
LISTING PRICE
2,100
SQUARE FEET
Move into this stunning DUPLEX in the heart of West Palm Beach, with each unit offering 3 bedrooms and 2 bathrooms. Enjoy modern features like granite countertops, stainless steel appliances, elegant ceramic tile floors, and a spacious... Read More
627 32nd Street, West Palm Beach, FL 33407
4
UNITS
Quad Plex
SUB TYPE
$699,000
LISTING PRICE
1,946
SQUARE FEET
Investors special fourplex in West Palm Beach. All four units are fully leased on flexible month-to-month terms, providing an excellent cash flow opportunity in the heart of the city. Located near downtown West Palm Beach Northwood... Read More
4158 Faith Street, West Palm Beach, FL 33406
N/A
UNITS
Duplex
SUB TYPE
$695,000
LISTING PRICE
1,091
SQUARE FEET
Great investor opportunity! Own this multi family home and start collecting income right after closing. 3 bedrooms, 1 bath house in front and 2 additional Efficiencies, plus 2 RV's mobile homes parked in the property, that includes in... Read More
1384-1386 Riverside Circle, Wellington, FL 33414
2
UNITS
Duplex
SUB TYPE
$669,999
LISTING PRICE
2,132
SQUARE FEET
Great investment opportunity in desirable Wellington. All of the bedrooms are spacious and offer ample closet space. Outside you will enjoy a beautiful backyard and is located just minutes to the Turnpike, I-95, Wellington, Boynton... Read More
702 Fernwood Drive, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$635,000
LISTING PRICE
1,509
SQUARE FEET
Rare opportunity to own a one-of-a-kind duplex in the heart of West Palm Beach! This phenomenal investment offers two spacious units, each featuring 3 bedrooms and 1 bathroom. Centrally located east of I-95, the property is just minutes... Read More
520 52nd Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$625,000
LISTING PRICE
2,561
SQUARE FEET
Duplex opportunity in Northwood, minutes from the beach, shopping, dining and I-95. One unit is 3 bedrooms and 2 bathrooms and the other is 2 bedrooms and 1 bathroom. Great for investors or live in main house and rent the other side for... Read More
337 Walton Boulevard, West Palm Beach, FL 33405
3
UNITS
Duplex
SUB TYPE
$620,000
LISTING PRICE
1,129
SQUARE FEET
Seller / owner financing possible.Prime location, offering endless possibilities for customization. Rendered photos showcase the property's transformation potential, allowing buyers to envision its future.This 3-bedroom, 2-bathroom... Read More
Xx Wedgewood Way, West Palm Beach, FL 33417
8
UNITS
Quad Plex
SUB TYPE
$600,100
LISTING PRICE
899
SQUARE FEET
3 units fully rented in West Palm Beach, prime rental location. Low HOA $175 Monthly per unit, Water included. Sold as a package. New roof. All three units are 2 bedrooms 1 bathroom. Cash Only. Read More
1665 E Breezy Lane, West Palm Beach, FL 33417
N/A
UNITS
Duplex
SUB TYPE
$600,000
LISTING PRICE
1,856
SQUARE FEET
Income-Producing Duplex in West Palm Beach! This 2-unit duplex features two 2-bed, 1-bath units, each with separate laundry. Key updates include a 2020 roof and 2022 AC, while the interiors offer potential for updating. Both units are... Read More
280 Caroline Avenue, West Palm Beach, FL 33413
2
UNITS
Duplex
SUB TYPE
$600,000
LISTING PRICE
1,624
SQUARE FEET
This rare find duplex offers two spacious 2-bedroom, 1-bathroom units PLUS a permitted efficiency that's already income-producing. Located in the heart of West Palm Beach, this property is perfectly positioned near Okeeheelee Park for... Read More
916 31st Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$599,900
LISTING PRICE
1,973
SQUARE FEET
Prime opportunity near the new NORA Downtown Development in WPB. Existing SFH (all concrete) structure, used to be a Duplex. Can be turned back into a Duplex with little effort. Detached garage is perfect for a studio conversion with... Read More
645 32nd Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$599,000
LISTING PRICE
1,554
SQUARE FEET
Investors opportunity is knocking at the door. This property features three fully leased units on flexible month-to-month terms, offering a fantastic cash flow opportunity. Located in the vibrant heart of West Palm Beach, it's just... Read More
4710 Spruce Avenue, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$599,000
LISTING PRICE
1,100
SQUARE FEET
CORNER DUPLEX WITH CARPORT ON ONE SIDE AND OFF STREET PARKING FOR THE OTHER UNIT. FENCED YARD WITH MANGO AND OTHER FRUIT TREES, THE ROOF IS LESS THAN 5 YEARS OLD, 2 NEW CENTRAL AC ON EACH SIDE. NEWLY REMODELED BATHROOM ON ONE SIDE. WELL... Read More
614 30th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$599,000
LISTING PRICE
1,603
SQUARE FEET
investors dream triplex is finally here in West Palm Beach. All three units are currently leased on a month-to-month basis, presenting a lucrative cash flow opportunity in the heart of West Palm Beach. Situated in close proximity to... Read More
1022 Green Street, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$549,900
LISTING PRICE
1,768
SQUARE FEET
Don't miss this incredible opportunity to own a duplex, perfect for generating passive income! This property features two units, each with appliances, AC units, and water heaters, all on separate meters for convenience. Impact windows... Read More
1010 Adams Street, West Palm Beach, FL 33407
N/A
UNITS
Duplex
SUB TYPE
$524,999
LISTING PRICE
1,512
SQUARE FEET
This fully remodeled and updated duplex features brand-new roofing and air conditioning, ensuring comfort and reliability. With two stories, the property offers one unit upstairs and one unit downstairs, each boasting 2 bedrooms and 1... Read More
428 El Prado, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$499,000
LISTING PRICE
1,704
SQUARE FEET
427 El Prado, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$499,000
LISTING PRICE
1,527
SQUARE FEET
617 54th Street, West Palm Beach, FL 33407
N/A
UNITS
Duplex
SUB TYPE
$474,000
LISTING PRICE
1,286
SQUARE FEET
WITH TWO SEPARATE ELECTRICAL METERS and a roof from 2019, this flawless duplex has it all, PLUS a shed! Newly remodeled front unit with new floor, white shaker cabinets and stainless steel appliances. The efficiency has been recently... Read More
820 42nd Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$375,000
LISTING PRICE
1,384
SQUARE FEET
DUPLEX investment opportunity!! 2 BR, 1 BA + 1 BR,1 BA within walking distance of St. Mary's Hospital and conveniently located close to I-95. Needs TLC, is outdated. The two bedroom unit has a month-to-month tenant at $1300, who is... Read More
4583 Diekhans Road, West Palm Beach, FL 33417
4
UNITS
Quad Plex
SUB TYPE
$320,000
LISTING PRICE
2,734
SQUARE FEET
Welcome to This property consists of 4 rental units. Located in the heart of West Palm Beach! This property features an open floor plan with spacious living areas, perfect for entertaining. Enjoy the Florida sunshine in your private... Read More