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414 33rd Street, 
West Palm Beach, FL 33407

$805,000


Bed


Bath


3,104

Sq Ft


Multi-Family

Sold

Listed by

Patrick J Elber

Douglas Elliman

MLS#

RX-10805356

Source:

RMLS

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About This Home

414 33rd Street

Welcome to the historic neighborhood of Northwood; one of West Palm Beach's hottest areas. This is a rare opportunity to own an income producing multi-family property perfectly situated East of US1 just blocks to the Intracoastal Waterway. This historical gem spread out over 2-Structures on an oversized lot. The front Main House is a quintessential Mission Style Home complete with 2 Bedrooms and 2 Full Baths. (1,496 Under Air). Currently occupied by the owner.The remaining Units are all 1 Bedroom and 1 Full Bath located in a 2-story with Upper & Lower Porches situated behind the main house on the back of the property. ALL Units are currently occupied month-to-month by long-term tenants. (1,608 Under Air). SEE SUPPLEMENT. There are several income producing opportunities here including an owner occupied seasonal rental with AirBNB or as annual rentals. Rent is in this area has increases nearly 30% year-over-year. Located in an up in coming area and surrounded by million dollar homes this income producing property would be perfect for any investor or savvy family looking for the opportunity to create extra income. It's been 26 years since this property was last offered on the open market. Don't miss the BIG OPPORTUNITY!

Home Facts

Multi-Family

Built in 1925

Price Summary

899,000

$289 per Sq. Ft.

MLS #:

RX-10805356

Sold:

August 22, 2023


Rooms & Interior

Interior

Living Area:

3,104 Sq. Ft.


Structure

Structure

Building Area:

3,360 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

5,950


Finances & Disclosures

Finances

Price:

$899,000

Price per Sq. Ft:

$289 per Sq. Ft.

Source:RMLS
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