638 50th Street
West Palm Beach, FL 33407
6
Bed
3
Bath
1,952Sqft
10,359Sqft(Lot)
Rare opportunity to acquire a 3-unit multifamily property located at 638 50th Street in West Palm Beach generating $4,950 per month in rental income ($59,400 annually). Built in 1936, the property consists of two buildings totaling 2,868 gross SF on a 0.24-acre lot. The unit mix includes three 2-bedroom/1-bathroom units averaging approximately 651 rentable SF, with wood frame construction, pitched composite shingle roofs, and window-unit A/Cs. Conveniently located near I-95, Downtown West Palm Beach, Palm Beach Island, St. Mary's Medical Center, and the Northwood district. An attractive opportunity for investors seeking immediate in-place income in a growing West Palm Beach rental market.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
MainLivingAreaEntryLevelRoof: Composition, ShingleWindow Features: Metal, SingleHung -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1936Building Area Total: 2868Construction Materials: Frame, StuccoStories: 1Patio And Porch Features: Porch, ScreenedPool Features: NonePrivate Pool: No -
Exterior Features
Exterior Features: EnclosedPorch, Other
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Lot Information
Main Square Feet: 10359 Lot Size Acres: 0.24 Lot Size Square Feet: 10,359 Lot Description: LessThanOneAcre,LessThanQuarterAcreProperty Information
Subdivision: NORTH PALM BCH 4 Source Property Type: ResidentialIncome MLS Area Minor: Palm Beach 5420; 5430; 5440 Postal Code Plus 4: 2834 Zoning Description: SF7 (city) Property SubType: Condominium Levels: One Property Age: 90
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Listing Price Information
Listing Price: $510000Cash, Conventional, Fha203k, FHA
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Tax Information
Parcel Number: 74434304080570190 Tax Year: 2025 Annual Tax: $6393 Tax Legal Desc: NORTH PALM BEACH PL NO 4 LTS 19 TO 22 INC BLK 57
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Garage Information
Pets Allowed: No
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School Information
Elementary School: West Riviera Junior High School: John F. Kennedy Senior High School: Palm Beach Lakes -
Utility Information
CableAvailable, ElectricityAvailable, SewerAvailable, WaterAvailable -
Location Information
Direction: Use Navigation. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 627 30th Street, West Palm Beach, FL, 33407 | $680,000 | 5 | 3 | 1,914 | 5,950 Sqft |
| 5171 Eadie Place #UNIT .., West Palm Beach, FL, 33407 | $589,000 | 4 | 2 | 1,848 | 8,188 Sqft |
| 618 49th Street, West Palm Beach, FL, 33407 | $620,000 | 6 | 4 | 2,200 | 7,899 Sqft |
| 526 38th Street, West Palm Beach, FL, 33407 | $699,500 | 7 | 3 | 2,925 | 6,000 Sqft |
| 728 20th Street, West Palm Beach, FL, 33407 | $699,900 | 6 | 4 | 1,770 | -- |
| 731 21st Street #1-2, West Palm Beach, FL, 33407 | $625,000 | -- | 4 | 2,470 | 5,756 Sqft |
| 643 36th Street, West Palm Beach, FL, 33407 | $1,949,000 | -- | 5 | 3,643 | 12,197 Sqft |
| 805 20th Street #A,B,C, West Palm Beach, FL, 33407 | $700,000 | 10 | 4 | 2,716 | 5,756 Sqft |
| 4000 Greenwood Avenue, West Palm Beach, FL, 33407 | $525,000 | 4 | 2 | 1,568 | -- |
| 4108 Greenwood Avenue, West Palm Beach, FL, 33407 | $372,900 | 3 | 2 | 1,548 | -- |
Similar Multifamily To 638 50th Street
Nearby For Sale
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ByOwner last updated this listing 09/02/2026 @ 18:53
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