This rare property for sale with office/professional zoning located East of Dixie Downtown near the Palm Beach Yacht Club will out perform Northwood, El Sid and Grandview Height. The West side of US1 is rapidly being developed, this will... 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.
318 9th Street, West Palm Beach, FL 33401
1577 Hawthorne Place, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,700,000
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
1567 Hawthorne Place, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,700,000
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
1434 Hawthorne Place, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,650,000
LISTING PRICE
5,650
SQUARE FEET
This exceptional multi-family property offers a rare chance to own a highly desirable income producing property in one of Florida's most sought after communities. Featuring a brand new roof with 10 year warranty, fresh exterior paint... Read More
6425 Royal Palm Beach Boulevard, West Palm Beach, FL 33412
N/A
UNITS
Triplex
SUB TYPE
$1,600,000
LISTING PRICE
4,962
SQUARE FEET
Investment house with $8300 per moth Rental income. House consists of 3 separate Rental areas with each having separate entrances. The main House rental of $4300 / mth, have 5 bedrooms, 2.5 bathrooms, Kitchen, Living room, Dining room... Read More
707 Talladega Street, West Palm Beach, FL 33405
3
UNITS
Triplex
SUB TYPE
$1,520,000
LISTING PRICE
1,848
SQUARE FEET
Price Adjustment! Explore this unique multi-family gem in West Palm Beach featuring 3 units total; the main house up front and a detached structure in the back with upper and lower units all 1 bed 1 bath, plus a large workshop space... Read More
311 Wildermere Road, West Palm Beach, FL 33401
5
UNITS
Quad Plex
SUB TYPE
$1,490,000
LISTING PRICE
1,906
SQUARE FEET
Located in the desirable Mango Promenade Historic District, this 5-unit building presents a rare chance to generate income or be transformed into your dream home. Nestled in between El Cid & Downtown West Palm Beach, just 1 block from... Read More
610 38th Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$1,399,000
LISTING PRICE
3,400
SQUARE FEET
Excellent Opportunity for Investors and Owners/Users, new lower priceincludes entire home contents including all furniture, lighting,accessories, artwork, mirrors, window treatments etc.! This beautifulproperty offers a unique investment... Read More
1580 Montauk Drive, Wellington, FL 33414
4
UNITS
Quad Plex
SUB TYPE
$1,250,000
LISTING PRICE
4,436
SQUARE FEET
Discover a fantastic investment opportunity or a perfect place to call home with this spacious 2-bedroom, 2-bathroom per unit quadplex in the heart of Wellington. Nestled on a quiet street, this second-floor residence offers a covered... Read More
4338 Forest Road, West Palm Beach, FL 33406
4
UNITS
Quad Plex
SUB TYPE
$1,200,000
LISTING PRICE
3,084
SQUARE FEET
Exceptional investment opportunity! QUADPLEX PLUS LAND LOT! This updated quadplex with no HOA offers impact windows throughout plus separate water & electric meters for each unit. The property is 100% occupied with great tenants... Read More
West Palm Beach, FL 33407
N/A
UNITS
Triplex
SUB TYPE
$1,200,000
LISTING PRICE
1,693
SQUARE FEET
Please do not disturb the tenants. Showings available with an offer contingent on inspection with proof of funds. Read More
4300 Spruce Avenue, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$990,000
LISTING PRICE
1,833
SQUARE FEET
Turnkey Duplex in Rapidly Growing Northwood Area - 4300/4302 West Palm BeachAddress: 4300/4302 Northwood Area, West Palm Beach, FLDon't miss this rare opportunity to own a fully renovated duplex in the heart of Northwood - one of West... Read More
1675 E Breezy Lane, West Palm Beach, FL 33417
3
UNITS
Triplex
SUB TYPE
$950,000
LISTING PRICE
3,168
SQUARE FEET
PROPERTY QUALIFIES FOR SPECIAL FINANCING THRU MOTTO MORTGAGE! Very unique investment property. 1 single family home and 1 duplex on the same .58 acre lot. Live in the house and rent out the duplex. All 3 units are currently occupied by... Read More
6312 Webster Avenue, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$949,900
LISTING PRICE
1,300
SQUARE FEET
Turnkey Duplex in Sought-After SOSO | 6312 & 6314 West Palm BeachWelcome to this beautifully renovated side-by-side duplex in the heart of the highly desirable SOSO neighborhood of West Palm Beach--just three blocks from the Intracoastal... Read More
731 46th Street, West Palm Beach, FL 33407
4
UNITS
Quad Plex
SUB TYPE
$945,000
LISTING PRICE
2,636
SQUARE FEET
Excellent opportunity to invest in a well-maintained multifamily property. This property includes 2 structures with 3 units in the front building & 1 unit in the rear building. The lot is 100 X 105 & includes an undeveloped side yard, a... Read More
1512 Florida Avenue, West Palm Beach, FL 33401
2
UNITS
Duplex
SUB TYPE
$874,900
LISTING PRICE
1,868
SQUARE FEET
Charm abounds in the Florida Bungalow. This is a fantastic opportunity to freshen it up a bit and enjoy as a home or rental property or completely remodel to a dream home. Zoned for Palm Beach Public elementary! The main house features a... Read More
716 Talladega Street, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$859,900
LISTING PRICE
1,454
SQUARE FEET
Coastal Charm Meets Modern Living - Fully Renovated Duplex in Prime Location!Step into a world of opportunity with this stunningly renovated coastal duplex, designed for those who want flexibility, style, and a top-tier location.Whether... Read More
4647 Marguerita Drive, West Palm Beach, FL 33417
N/A
UNITS
Duplex
SUB TYPE
$800,000
LISTING PRICE
1,800
SQUARE FEET
Fantastic Duplex on .68 acres! Live on one side and rent the other side for income! Duplex sits on a huge corner lot with beautiful trees, plenty of yard space, and lots of parking. Potentially there is room for more units on this... Read More
538 28th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$799,900
LISTING PRICE
1,540
SQUARE FEET
Possible $6,000.00 a month gross income!! Completely renovated 1950 concrete block construction, new roof, kitchen, baths and windows. Corner multi-family property presents a unique investment opportunity. Each unit boasts one bedroom... Read More
424 Malverne Road, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$759,000
LISTING PRICE
1,612
SQUARE FEET
Calling all 1031 exchange buyers! Great opportunity to own a great investment property.The main house is a 2 + DEN/ OFFICE bedroom, 1 bathroom, and the guest house is 2 bedroom, 1 bathroom with a full kitchen, offering incredible rental... Read More
805 20th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$750,000
LISTING PRICE
2,716
SQUARE FEET
Front Single-Family Home3 Bedrooms / 1 Bathroom | 1,600 Sq. Ft.Tenant occupied for six years at $2,400 per month (below market rent)Lease ends July 31, 2025 - Potential market rent: $2,590 per monthA/C: 2018, Water Heater: 2014**Rear... Read More
444 Malverne Road, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$749,900
LISTING PRICE
1,474
SQUARE FEET
Located in the desirable South of Southern (SoSo) neighborhood, this property offers two fully renovated homes on one lot. The rear home features three bedrooms and two bathrooms, while the front home includes two bedrooms and one... Read More
627 32nd Street, West Palm Beach, FL 33407
4
UNITS
Quad Plex
SUB TYPE
$699,000
LISTING PRICE
1,946
SQUARE FEET
Investors special fourplex in West Palm Beach. All four units are fully leased on flexible month-to-month terms, providing an excellent cash flow opportunity in the heart of the city. Located near downtown West Palm Beach Northwood... Read More
815 6th Street, West Palm Beach, FL 33401
3
UNITS
Triplex
SUB TYPE
$695,000
LISTING PRICE
2,838
SQUARE FEET
Run one of the last available historic properties available. Under recent appraised value. Large House and duplex in rear. Near sunset lounge and downtown. There is an assumable fha mortgage. Call for more details. Read More
4158 Faith Street, West Palm Beach, FL 33406
N/A
UNITS
Duplex
SUB TYPE
$675,000
LISTING PRICE
1,091
SQUARE FEET
It's not a duplex, it is a house with 4 bedrooms and 3 bathrooms plus a den. .Great Double Lot! with a generous backyard, you can definitely accommodate both a swimming pool and a summer kitchen setup perfectly suited for a Florida's... Read More
702 Fernwood Drive, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$635,000
LISTING PRICE
1,509
SQUARE FEET
Rare opportunity to own a one-of-a-kind duplex in the heart of West Palm Beach! This phenomenal investment offers two spacious units, each featuring 3 bedrooms and 1 bathroom. Centrally located east of I-95, the property is just minutes... Read More
280 Caroline Avenue, West Palm Beach, FL 33413
2
UNITS
Duplex
SUB TYPE
$600,000
LISTING PRICE
1,624
SQUARE FEET
This rare find duplex offers two spacious 2-bedroom, 1-bathroom units PLUS a permitted efficiency that's already income-producing. Located in the heart of West Palm Beach, this property is perfectly positioned near Okeeheelee Park for... Read More
1665 E Breezy Lane, West Palm Beach, FL 33417
N/A
UNITS
Duplex
SUB TYPE
$599,970
LISTING PRICE
1,856
SQUARE FEET
Income-Producing Duplex in West Palm Beach! This 2-unit duplex features two 2-bed, 1-bath units, each with separate laundry. Key updates include a 2020 roof and 2022 AC, while the interiors offer potential for updating. Both units are... Read More
Xx Wedgewood Way, West Palm Beach, FL 33417
8
UNITS
Quad Plex
SUB TYPE
$599,800
LISTING PRICE
899
SQUARE FEET
3 units fully rented in West Palm Beach, prime rental location. Low HOA $175 Monthly per unit, Water included. Sold as a package. New roof. All three units are 2 bedrooms 1 bathroom. Cash Only. Read More
614 30th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$599,000
LISTING PRICE
1,603
SQUARE FEET
investors dream triplex is finally here 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... Read More
645 32nd Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$599,000
LISTING PRICE
1,554
SQUARE FEET
Investors opportunity is knocking at the door. This property features three fully leased units on flexible month-to-month terms, offering a fantastic cash flow opportunity. Located in the vibrant heart of West Palm Beach, it's just... Read More
520 52nd Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$597,900
LISTING PRICE
2,561
SQUARE FEET
Duplex opportunity in Northwood, minutes from the beach, shopping, dining and I-95. One unit is 3 bedrooms and 2 bathrooms and the other is 2 bedrooms and 1 bathroom (2nd bed has no closet). Great for investors or live in main house and... Read More
523 48th Street, West Palm Beach, FL 33407
3
UNITS
Triplex
SUB TYPE
$590,000
LISTING PRICE
1,421
SQUARE FEET
An excellent investment opportunity awaits in the highly sought-after East West Palm Beach area! Property is being updated to be turn key for tenants. This income-producing triplex is ideally located just two blocks west of Flagler... Read More
610 32nd Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$537,900
LISTING PRICE
1,770
SQUARE FEET
Spanish Style 1920's Northwood Addition Duplex. Main Home 2/1 and Legal 2/1 guest house/apartment in the back, Large storage room. Gated back yard. Newer AC wall units. Both units Tenant Occupied. Read More
428 El Prado, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$499,000
LISTING PRICE
1,704
SQUARE FEET
427 El Prado, West Palm Beach, FL 33405
N/A
UNITS
Duplex
SUB TYPE
$499,000
LISTING PRICE
1,527
SQUARE FEET
1010 Adams Street, West Palm Beach, FL 33407
N/A
UNITS
Duplex
SUB TYPE
$499,000
LISTING PRICE
1,512
SQUARE FEET
This fully remodeled and updated duplex features brand-new roofing and air conditioning, ensuring comfort and reliability. With two stories, the property offers one unit upstairs and one unit downstairs, each boasting 2 bedrooms and 1... Read More
511 51st Street, West Palm Beach, FL 33407
2
UNITS
Duplex
SUB TYPE
$459,900
LISTING PRICE
1,030
SQUARE FEET
Investor special! Tenant-occupied on a month-to-month lease--income from day one. No HOA. Motivated seller ready to make a deal. Property includes a shed with washer and dryer, concrete block construction, and window A/C units. Needs... Read More
508 Palmetto Street, West Palm Beach, FL 33405
2
UNITS
Duplex
SUB TYPE
$429,000
LISTING PRICE
1,179
SQUARE FEET
2/1 HAS FULL REMODELED KITCHEN WITH GRANITE & SS APPLIANCES. STACKABLE WASHER & DRYER, FULL LIVING ROOM WITH WOOD BURNING FIREPLACE. LAMINATE THRU OUT. 1\1 HAS LIVING ROOM, KITCHEN COUNTER & SINK. CURRENT OWNERS CONVERTED TO 2 BONUS... Read More
4583 Diekhans Road, West Palm Beach, FL 33417
4
UNITS
Quad Plex
SUB TYPE
$320,000
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