$995,000
UNDER CONTRACT

904 4th St West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated payment $6,281/month

Total Views 1,690
-- Bed
-- Bath
3,430 Sq Ft
$290 Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • 3-minute walk to Alice Mickens Park

About This Home

***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 Place, the Bright Line, and minutes from ocean beaches, Worth Avenue, and PBI Airport . The property consists of three structures featuring FOUR approved rental units: the main house has a 3 BR/ 1.5 BA unit, & a 5BR /2BA unit; a 1BR/ 1BA Guest House; and a Studio/1 BA cottage. This 6,534 SF lot enjoys NWD zoning. New Roof 2022, renovations in 2023. Offered TURNKEY & FURNISHED. Please do not disturb the tenants. Financials & Zoning info in Documents.

Listing Agent

Giuliana Torre

Douglas Elliman License #3482519

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,734

Year Built

  • Built in 1925

Interior Spaces

  • 3,430 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Additional Features

  • 6,550 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 74434321060230020
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Clows Subdivision

Building Details

  • Operating Expense $25,134
  • Net Operating Income $71,466

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,734

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1925
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: 4224
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3430.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434321060230020
  • Lot Size: 50.0 ft x 131.0 ft
  • Lot Size Sq Ft: 6550.0
  • Zoning Description: NWD-R
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 71466.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 25134.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8734.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 For Sale $995,000 +87.7% $290 / Sq Ft
03/07/2023 03/07/23 Sold $530,000 -7.8% $155 / Sq Ft
01/16/2023 01/16/23 Price Changed $575,000 -4.2% $168 / Sq Ft
12/14/2022 12/14/22 For Sale $600,000 -- $175 / Sq Ft
Source: BeachesMLS

Source: BeachesMLS

MLS Number: R11073730

BeachesMLS

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

904 4th St, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 904 4th St, West Palm Beach, FL 33401 and is currently priced at $995,000, approximately $290 per square foot. This property was built in 1925. 904 4th St is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Giuliana Torre
Listing Agent
Giuliana Torre
Section Image
Douglas Elliman
(561) 559-5286