700 N Tamarind Avenue, West Palm Beach, FL 33401
Status: Active
1952
YEAR BUILT
$4,500,000
LISTING PRICE
MultiFamily (5+ Units)
TYPE
MLS#: RX-11097953
Type of Building: Resident. Multi-Fam.
For More Information Call:
561-283-4663
Property located in Downtown West Palm Beach large asset This asset is great for a new or seasoned investor, 22 units total, 3 parcels, 3 bldgs. 700 N Tamarind Ave (12 units, 8/1BR & 4/2 BR) 925 6th St (4 units, 2 BR) & 919 6th St (5 units 4/2 BR 1/5 bedrooms), newer roof on 700 blgd, all units leased, this has the cap rate, size, location and long or short term potenial. The 3 blgd's must be sold together. Located in the silicone valley of 2025 Palm Beach County, all CBS, well maintained, all the work has been done, just start making money at closing, serious buyers only, appointments availble to show. Great for AIR B&B, Coporate lodging, 700 Building zoned res/commercial, the opportunity and pontential is huge. Motivated seller, mortgage assumption available, NO SELLER FINANCING.

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- Acres0.16 acres
- Available DocumentsPrevious Title and Survey
- Available InformationContracts, Copies of Lease, Existing Survey, Owner managed and Photos
- Building Info: Interior Ceiling Height10ft
- Building Info: Miles to Beach5 miles
- Building Info: Miles to Expressway1 miles
- Building Info: Number of Tenants12
- Built DescriptionResale
- CeilingSheet Rock
- CityWest Palm Beach
- ConstructionBlock, CBS and Stucco
- CoolingElectric and Wall-Win A/C
- CountyPalm Beach
- DirectionsNorth of Banyan on Tamarind Ave & 6th Street
- Fire ProtectionSmoke Detector
- FlooringCeramic Tile and Laminate
- For LeaseNo
- For SaleYes
- HeatingElectric
- Lease1-3 Years, Annual and Long Term
- Legal DescriptionCLOWS ADDITION LT 8 BLK 6
- List Price$4,500,000
- List Price/SqFt$694.44 / sqft
- Listing DateMonday, June 9th, 2025
- Listing IDRX-11097953
- Listing Price$4,500,000
- Listing StatusActive
- LocationAirport Access, Central Business Dst, City, County and Investment
- Miscellaneous 1Fenced, Landscaped and Sprinkler City
- Miscellaneous 2Traffic Light and Traffic Pedestrian
- Monetary Info: Source of ExpensesProforma
- Multiple Offers AcceptedYes
- Number of Stories2
- Number of Toilets12
- Percent Air Conditioned100%
- PossessionFunding and Quick Closing
- Property Description22 UNITS 3 PARCELS
- Property TypeCommercial
- Real Estate Taxes$15,910.90
- RoofComp Rolled
- Sale IncludesBuilding and Land and Fixtures
- SecurityFence, Security Light and Security Sys-Owned
- Special InformationCorporate Owned and Title Insurance
- SqFt SourceTax Rolls
- State/ProvinceFL
- StatusActive
- Status Change DateMonday, June 9th, 2025
- Street NameTamarind
- SubdivisionClows
- Tax Year2024
- Tenant PaysCable and Electric
- Terms ConsideredAssumable-Qualify, Cash, Conventional, Cryptocurrency and FHA203K
- Total Building SqFt6,480 sqft
- Total Units in Building12
- TypeMultiFamily (5+ Units)
- Type of BuildingResident. Multi-Fam.
- Unit 1: Annual Rent$20,400
- Unit 1: Full Baths1
- Unit 1: Rent PeriodMonth
- Unit 1: Unit Description2 Bedroom
- Unit 2: Annual Rent$17,400
- Unit 2: Full Baths1
- Unit 2: Rent PeriodMonth
- Unit 2: Unit Description2 Bedroom
- Unit 3: Annual Rent$16,200
- Unit 3: Full Baths1
- Unit 3: Rent PeriodMonth
- Unit 3: Unit Description1 Bedroom
- Unit 4: Annual Rent$14,400
- Unit 4: Full Baths1
- Unit 4: Rent PeriodMonth
- Unit 4: Unit Description2 Bedroom
- Unit 5: Annual Rent$16,200
- Unit 5: Full Baths1
- Unit 5: Rent PeriodMonth
- Unit 5: Unit Description1 Bedroom
- Unit 6: Annual Rent$15,600
- Unit 6: Full Baths1
- Unit 6: Rent PeriodMonth
- Unit 6: Unit Description1 Bedroom
- Unit 7: Annual Rent$16,800
- Unit 7: Full Baths1
- Unit 7: Rent PeriodMonth
- Unit 7: Unit Description2 Bedroom
- Unit 8: Annual Rent$16,800
- Unit 8: Full Baths1
- Unit 8: Rent PeriodMonth
- Unit 8: Unit Description2 Bedroom
- Unit Number1-12
- UtilitiesCable, Electric, Public Sewer, Public Water and Water Available
- Virtual TourYes
- WaterfrontNo
- Waterfront DetailsNone
- Year Built1952
- Zip Code33401
- ZoningNWD-5--NORTHWES