Active

805 20th Street #A,B,C

West Palm Beach, FL 33407

$700,000 $2,951/Mo

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Overview

Bed

Bath

2,716

Sqft

5,756

Sqft(Lot)

Description

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.

Property Details

Property Type : ResidentialIncome

Price : $700,000

AD Id : 75120148

MLS Id : R11161477

Beds : 10

Lot Size : 5,756 Sqft

Living Area Size : 2,716

Year Built : 1929

County : Palm Beach

Subdivision: Washington Heights

Map

What's Nearby

Nearby Areas

Features

Interior Features

Roof: Composition
Heating & Cooling

Has Heating: Yes Heating: Central, WallFurnace Has Cooling: Yes Cooling: CentralAir, WallWindowUnits

Building Information

Year Built: 1929

Building Area Total: 2944

Stories: 2

Patio And Porch Features: Porch

Private Pool: No

Water front Features: None
Exterior Features

Exterior Features: OutdoorLivingArea, Storage

Lot Information

Main Square Feet: 5756 Lot Size Acres: 0.13 Lot Description: LessThanQuarterAcre

Property Information

Subdivision: WASHINGTON HEIGHTS Source Property Type: ResidentialIncome Property SubType: Triplex Levels: Two Property Age: 97

Listing Price Information

Listing Price: $700000

Cash, Conventional, OwnerWillCarry, Other

Tax Information

Parcel Number: 74434316100060190 Tax Year: 2025 Annual Tax: $6214.15 Tax Legal Desc: WASHINGTON HGTS LOT 19 BLK 6

Garage Information

Pets Allowed: BreedRestrictions, Yes

Utility Information

WaterAvailable
Location Information

Direction: I-95 Palm Beach lakes east to Tamarind, north 20th, east house on left 805 WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
536 18th Street, West Palm Beach, FL, 33407	$550,000	7	4	2,156	2,156 SqFt
731 21st Street #1-2, West Palm Beach, FL, 33407	$625,000	6	4	2,470	2,470 SqFt
643 36th Street, West Palm Beach, FL, 33407	$1,949,000	8	5	3,643	3,643 SqFt
728 20th Street, West Palm Beach, FL, 33407	$699,900	6	4	1,770	1,770 SqFt
627 30th Street, West Palm Beach, FL, 33407	$680,000	5	3	1,914	1,914 SqFt
2404 24th Way, West Palm Beach, FL, 33407	$285,000	2	3	1,236	1,236 SqFt
926 33rd Street, West Palm Beach, FL, 33407	$380,000	3	2	1,263	1,263 SqFt
4000 Greenwood Ave, West Palm Beach, FL, 33407	$535,000	4	2	1,568	1,568 SqFt
619 30th Street, West Palm Beach, FL, 33407	$629,000	5	3	2,775	2,775 SqFt
727 22nd Street #A B, West Palm Beach, FL, 33407	$410,000	4	2	1,152	1,152 SqFt

Similar Multifamily To 805 20th Street #A,B,C

Nearby For Sale

$550,000

Multifamily For Sale

536 18th Street,
West Palm Beach, FL, 33407

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1530 Crescent Circle,
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4108 Greenwood Avenue,
West Palm Beach, FL, 33407

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731 21st Street #1-2,
West Palm Beach, FL, 33407

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643 36th Street,
West Palm Beach, FL, 33407

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3,643

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ByOwner last updated this listing 06/17/2026 @ 12:32

MLS: R11161477 LISTED BY: Michael Johnston, The Keyes Company 561-220-0550 SOURCE: Beaches MLS