805 20th Street # c, West Palm Beach FL 33407

Description of 805 20th Street # c, West Palm Beach FL 33407

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 for 805 20th Street # c, West Palm Beach FL 33407

Flooring

Vinyl

Heating

Central, Window/Wall

Cooling

Central Air, Wall/Window Unit(s)

Pool Private

No

Year Built Details

Resale

Building Information for 805 20th Street # c, West Palm Beach FL 33407

Building Area Total

2944

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Pets Allowed

Yes

Property Information for 805 20th Street # c, West Palm Beach FL 33407

Lot Features

Less Than 1/4 Acre Lot, Less Than 1 Acre

Lot Size Square Feet

5,756

Waterfront

No

View

No

Roof

Composition Roll

Water Source

Public

New Construction

No

Public Records for 805 20th Street # c, West Palm Beach FL 33407

Parcel Number

74434316100060190

Tax Annual Amount

$6,214

Tax Year

2,025

Tax Legal Description

WASHINGTON HGTS LOT 19 BLK 6

Zoning

SF11(c

County Or Parish

Palm Beach County

Location