Minutes from Downtown West Palm Beach and Palm Beach Island, this meticulously restored historic Spanish-style residence in the prestigious El Cid community offers an outstanding investment opportunity. Featuring 4 bedrooms and 2.5... Read More
Investing in Palm Beach County.
The South Florida real estate market, specifically Palm Beach County, has become a thriving real estate center fueled by both local and international investors. Half of all purchases in Palm Beach County in 2013 were made by cash investors. This region has gained steady ground after the housing collapse in the mid 2000's. Last year alone, we closed deals for our foreign investors that came from countries such as Canada, China, and Venezuela.
If you are a local or international investor, we have the capability of finding you the right investment property. Upon request, we can send you a video walk-through of potential investments and the surrounding areas, along with a rental rate comparative market analysis of what homes have rented for in that area. Once you close on your investments, our team of contractors can assess your home and get it rent-ready within a few days. When the home is ready to be rented, we will market your property in order to find a qualified tenant. Once we find a qualified tenant, we will have them execute one of our attorney-prepared leases. After a tenant moves in, we will manage your property and begin sending you your monthly rental income.
Considering investing? Have you considered this...
If you are looking to invest in Palm Beach County multi-family housing or investment property there are many key items that you should consider when choosing a location.
Location, Location, Location- Sounds easy enough, but what does that mean and what area is a good location? Some criteria that we urge our investors to consider is the proximity of the investment property to schools and public transportation.
HOA's- Purchasing an investment property in a community that is governed by a Home Owners Association can be great for the long term value of the property. Additionally, HOA's provide a second level of protection against nuisance tenants since there is an additional round of screening due to the approval process administered by the board of the HOA. However, these positives are sometimes outweighed by the negatives due to the monthly dues eating away at your profits.
Market Rate- It's always best to find out what properties are renting for in the immediate area before you decide to purchase a property. A home on street A could rent substantially less or more than a home on street B simply because the homes are in different school zones, or different utility companies. We will prepare a rental rate comparative market analysis so that you can determine the correct rental rate.
HOA restrictions- Please be advised that some HOA's will restrict the number of times a home can be rented or the duration of a tenancy. Its important to read over the HOA restrictions prior to investing in Palm Beach County rental homes.
How does FIRPTA affect international investors?
One thing to consider if you are a foreign investor investing in Palm Beach County, or anywhere in the United States for that matter, is FIRPTA. The following is courtesy of the IRS and can be found on their website at:
http://www.irs.gov/Individuals/International-Taxpayers/FIRPTA-Withholding
"The disposition of a U.S. real property interest by a foreign person (the transferor) is subject to the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) income tax withholding. FIRPTA authorized the United States to tax foreign persons on dispositions of U.S. real property interests. A disposition means "disposition" for any purpose of the Internal Revenue Code. This includes but is not limited to a sale or exchange, liquidation, redemption, gift, transfers, etc. Persons purchasing U.S. real property interests (transferees) from foreign persons, certain purchasers' agents, and settlement officers are required to withhold 10 percent of the amount realized on the disposition (special rules for foreign corporations). In most cases, the transferee/buyer is the withholding agent. If you are the transferee/buyer you must find out if the transferor is a foreign person. If the transferor is a foreign person and you fail to withhold, you may be held liable for the tax. For cases in which a U.S. business entity such as a corporation or partnership disposes of a U.S. real property interest, the business entity itself is the withholding agent."
Please note that there are also certain exceptions to this withholding requirement and these exceptions can be found on their website as well.
258 Granada Road, West Palm Beach, FL 33401
549 W Kalmia Drive, West Palm Beach, FL 33403
4
UNITS
Quad Plex
SUB TYPE
$2,600,000
LISTING PRICE
6,286
SQUARE FEET
Discover this amazing multi-unit property in Lake Park, perfect for both living and investment! This residence features two spacious 4-bedroom, 2-bathroom units and two cozy 3-bedroom, 2-bathroom units, each with a modern kitchen... Read More
13614 Yarmouth Court, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,995,000
LISTING PRICE
8,844
SQUARE FEET
This exceptional property offers versatile options for impressive rental income. Ideally located just minutes from Wellington's premier equestrian facilities, it is a dream investment for horse enthusiasts and property investors alike... Read More
1567 Hawthorne Place, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,875,000
LISTING PRICE
4,320
SQUARE FEET
Do not visit property alone do not speak with tenants. Outstanding opportunity to purchase a 4-unit apartment building in Wellington, 4 units per parcel. Featuring 3-bedroom 2 bath with fenced in patio areas for each unit. One unit 1... Read More
1577 Hawthorne Place, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,875,000
LISTING PRICE
5,628
SQUARE FEET
Do not visit property alone do not speak with tenants. Outstanding opportunity to purchase a 4-unit apartment building in Wellington, 4 units feature 4-bedroom 2 bath with fenced in patio areas for each unit. Seller is also selling the... Read More
13792 Yarmouth Drive, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,800,000
LISTING PRICE
5,840
SQUARE FEET
4 updated 3 bedroom townhouses/villas with 2023 roofs and huge rental income potential. Front 2 units are single-story with 3 bedrooms, 2 bathrooms, tall ceilings, and a 2-car garage each. Back 2 units are townhouses with 3 bedrooms, 2.5... Read More
4871 127th Trail N, West Palm Beach, FL 33412
N/A
UNITS
Quad Plex
SUB TYPE
$1,690,000
LISTING PRICE
4,500
SQUARE FEET
4 unit property Read More
806 14th Street, West Palm Beach, FL 33401
5
UNITS
Quad Plex
SUB TYPE
$1,400,000
LISTING PRICE
4,104
SQUARE FEET
Zoning: CPMF14C2--CP-MF
MLS#: RX-10987414
Subdivision: FRESHWATER ADD TO WPB AMD PL OF 11TH & 12TH AVE ADD.IN
The interior of this property was recently renovated to the nines. This is a package deal to include the quadplex + SFR + Vacant Lot next door at 812 14th St. This property is located in a prime location, in walking distance to the... Read More
712 Palmetto Street, West Palm Beach, FL 33405
3
UNITS
Triplex
SUB TYPE
$1,299,000
LISTING PRICE
2,972
SQUARE FEET
Incredible investment opportunity!! This extremely profitable short term rental in West Palm Beach sets itself apart from the competition. Sitting on a double corner lot, this estate features a main house with two guest houses for a... Read More
903 Upland Road, West Palm Beach, FL 33401
3
UNITS
Triplex
SUB TYPE
$1,295,000
LISTING PRICE
1,430
SQUARE FEET
Single Family Lot. Collect rent while you are preparing your plans and approval process with the city. New Pitch Roof 2023. The lot 9,879 sqft & is zoned for SF14--SINGLE FAMILY HIGH DENSITY but is NON-Historical. Your can build 6,000+/... Read More
813 Avon Road, West Palm Beach, FL 33401
3
UNITS
Triplex
SUB TYPE
$1,250,000
LISTING PRICE
1,841
SQUARE FEET
Classic 1920s Spanish Mission on an oversized lot in the heart of Flamingo Park, with not just one but two guest cottages. This set up affords a new owner many options - rent some and live in one, rent all three, Airbnb together and/or... Read More
614 Palm Street, West Palm Beach, FL 33401
4
UNITS
Quad Plex
SUB TYPE
$1,175,000
LISTING PRICE
2,527
SQUARE FEET
One of the Most desired communities in Palm Beach County, GRANDVIEW HEIGHTS. This Historic Neighborhood is conveniently located within walking distance to City Place, Public Transportation, Fine Dining and Entertainment and Parks. Easy... Read More
4300 Spruce Avenue, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$1,100,000
LISTING PRICE
1,833
SQUARE FEET
2 units (duplex) 4300/4302. Located in the highly desirable Northwood area of West Palm Beach that is experiencing significant development growth. Two side by side totally renovated and professionally decorated units each with its own... Read More
904 4th Street, West Palm Beach, FL 33401
3
UNITS
Triplex
SUB TYPE
$1,050,000
LISTING PRICE
3,430
SQUARE FEET
Located in the heart of West Palm Beach within walking distance of downtown, this unique property features three detached buildings. The main house boasts 8 bedrooms and 3.5 bathrooms, complemented by a guest house with 1 bedroom and 1... Read More
4591 Purdy Lane, West Palm Beach, FL 33415
N/A
UNITS
Triplex
SUB TYPE
$997,000
LISTING PRICE
2,640
SQUARE FEET
Live your Luxury in Sunny South Florida with this Rarely Available Multifamily Property! An Amazing Opportunity Awaits with this Privately Nestled Legal Triplex with An Additional Detached Garage Totaling 3,784 Square Feet! Perfect for a... Read More
6312 Webster Avenue, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$995,000
LISTING PRICE
1,300
SQUARE FEET
2 units (duplex) 6312/6314 with 1 car garage.Located in the highly desirable SOSO area of West Palm Beach just 3 blocks to the famed Intracoastal Promenade.Two side by side totally renovated and professionally decorated units each with... Read More
249 31st Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$975,000
LISTING PRICE
1,675
SQUARE FEET
INCOME Producing. Full inspection report available upon request. This is an amazing investment opportunity. The home is located in Northwood District not historic. A few homes away from the Intracoastal Waterway and some of West Palm... Read More
821 9th Street, West Palm Beach, FL 33401
3
UNITS
Triplex
SUB TYPE
$885,000
LISTING PRICE
2,192
SQUARE FEET
Investor alert! Cash flow on day 1 on this fully rented tri-plex near downtown WPB, close to the tri-rail, shopping, entertainment & beaches! The tri-plex is a total of 6 bedrooms & 3 full bathrooms & is made up of a single family home... Read More
4647 Marguerita Street, West Palm Beach, FL 33406
2
UNITS
Duplex
SUB TYPE
$875,000
LISTING PRICE
1,800
SQUARE FEET
Check out this excellent opportunity! Charming duplex on .68 acres in West Palm Beach, just minutes from downtown and Palm Beach International Airport. Both units offer 2 bedrooms & 1 bathrooms each. HVAC just replaced on both... Read More
4712 Myrtle Lane, West Palm Beach, FL 33417
3
UNITS
Triplex
SUB TYPE
$775,000
LISTING PRICE
2,520
SQUARE FEET
GREAT OPPORTUNITY FOR INVESTORS, NO HOA,HIGH IMPACT WINDOWS. Read More
414 Ardmore Road, West Palm Beach, FL 33401
2
UNITS
Duplex
SUB TYPE
$750,000
LISTING PRICE
1,580
SQUARE FEET
***Attention! The Sellers' only requirement is liability and fire coverage on a 30-year note that the Owners are willing to hold. Great opportunity for Private Financing!*** Welcome to this beautiful historic, muli-family, home located... Read More
901 8th Street, West Palm Beach, FL 33401
4
UNITS
Quad Plex
SUB TYPE
$747,000
LISTING PRICE
1,520
SQUARE FEET
This well maintain 4 plex is exactly what you have been waiting for, completely renovated, new windows, new landscaping. Each units features 1 bed/1 bath with washer dryer hookups. Separate electric meters, one meter for water. Rents are... Read More
West Palm Beach, FL 33403
2
UNITS
Duplex
SUB TYPE
$735,000
LISTING PRICE
1,863
SQUARE FEET
Investment Opportunity in Prime Location - Fully Renovated Duplex with Efficiency Unit.Situated in a highly sought-after area, offering a unique opportunity for investors seeking immediate cash flow and long-term value.This property is... Read More
311 Conniston Road, West Palm Beach, FL 33405
N/A
UNITS
Triplex
SUB TYPE
$700,000
LISTING PRICE
1,668
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
337 Walton Boulevard, West Palm Beach, FL 33405
3
UNITS
Duplex
SUB TYPE
$650,000
LISTING PRICE
1,129
SQUARE FEET
Explore this inviting investment opportunity at 337 Walton in West Palm Beach. Multiple options for rental and/or architectural customization await. This duplex features 3 bedrooms, 2 bathrooms, 1129 sq ft of living space, situated on a... Read More
535 Pilgrim Road, West Palm Beach, FL 33405
N/A
UNITS
Triplex
SUB TYPE
$650,000
LISTING PRICE
1,818
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
504 El Prado, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$650,000
LISTING PRICE
2,129
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
512 49th Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$629,000
LISTING PRICE
1,036
SQUARE FEET
Two buildings, fully renovated, and like new. Front house is a 2/1 and rear detached house is a 1/1. Both have a brand new kitchen and bathroom. Full hurricane impact windows and doors in both buildings. Beautiful large yard with... Read More
1320 Wellington Street, West Palm Beach, FL 33401
2
UNITS
Duplex
SUB TYPE
$615,000
LISTING PRICE
1,800
SQUARE FEET
Duplex in a burgeoning area of West Palm Beach, offering both immediate returns and future growth potential. Positioned in the shadows of the WPB skyline making it an ideal location. Within walking distance to Grandview Market and short... Read More
520 Pilgrim Road, West Palm Beach, FL 33405
N/A
UNITS
Triplex
SUB TYPE
$600,000
LISTING PRICE
1,664
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
427 El Prado, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$575,000
LISTING PRICE
1,527
SQUARE FEET
CASH ONLY!!! You've got a great opportunity here with this property! Whether you're thinking of renovating it as a duplex for rental income or turning it into a single-family home for yourself, the potential is huge. It's in a prime spot... Read More
428 El Prado, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$575,000
LISTING PRICE
1,704
SQUARE FEET
CASH ONLY!!! You've got a great opportunity here with this property! Whether you're thinking of renovating it as a duplex for rental income or turning it into a single-family home for yourself, the potential is huge. It's in a prime spot... Read More
614 30th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$549,000
LISTING PRICE
1,603
SQUARE FEET
Investors dream triplex in West Palm Beach. All three units are currently leased on a month-to-month basis, presenting a lucrative cash flow opportunity in the heart of West Palm Beach. Situated in close proximity to downtown West Palm... Read More
715 Selkirk Street, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$525,000
LISTING PRICE
1,707
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
525 Pilgrim Road, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$500,000
LISTING PRICE
1,829
SQUARE FEET
8 PROPERTIES MUST BE SOLD TOGETHER AS A PORTFOLIO AT A SIMULTANEOUS CLOSING SEE LIST 504 EL PRADO WEST PALM BEACH 74434333270030390311 CONNISTON RD WEST PALM BEACH 74434403010000760 832 MCINTOSH ST WEST PALM BEACH 74434404100000440 525... Read More
4583 Diekhans Road, West Palm Beach, FL 33417
4
UNITS
Quad Plex
SUB TYPE
$440,000
LISTING PRICE
2,734
SQUARE FEET
Welcome to This property consists of 4 rental units. Located in the heart of West Palm Beach! This property features an open floor plan with spacious living areas, perfect for entertaining. Enjoy the Florida sunshine in your private... Read More
820 42nd Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$375,000
LISTING PRICE
1,384
SQUARE FEET
DUPLEX investment opportunity!! 2 BR, 1 BA + 1 BR,1 BA within walking distance of St. Mary's Hospital and conveniently located close to I-95. Needs TLC, is outdated. The two bedroom unit has a month-to-month tenant at $1300, who is... Read More
3406 Greenwood Avenue, West Palm Beach, FL 33407
N/A
UNITS
Duplex
SUB TYPE
$345,000
LISTING PRICE
886
SQUARE FEET
Welcome to this lovely gem located in a central location of Historical Northwood. This lot offers 2 houses. Front home has 2BR/1BA with separate electric meters and Ac's and back house offers 3BR/1BA. Perfect investment opportunity! Read More