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Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential

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Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential
The Keyes Company Logo Active Commercial Multifamily

3063 Floweva Street, West Palm Beach, Florida, 33406, USA

USD $1,300,000
Listed by The Keyes Company
Contact
Reference ID:R11093866 Web ID:defba
Property Highlights

  • 6-unit multifamily property

  • Three separate buildings on parcel

  • Unit breakdown: 1 bed, 2 bed, 3 bed

  • Some units have private fenced backyards

  • Each unit has separate electric meter

Description
Excellent opportunity to acquire a well-maintained 6-unit multifamily property in South Florida. The property consists of three separate buildings on one parcel: Front triplex with two 1 bed/1 bath units and one 3 bed/1 bath unit. Rear duplex with two 2 bed/1 bath units, and standalone 1 bed/1 bath cottage. Some units feature private fenced backyards, enhancing tenant appeal and retention. One of the 1 bed/1 bath units will be delivered vacant in June, allowing for immediate rental upside. Each unit has electric meter. Current gross rents $9,000/month or $108,000/year. Rents significantly below market, providing a strong value-add. Market rent estimates: 1 bed units $1,600-$1,750, 2 bed units $1,900-$2,000, and 3 bed units $2,400+. Pro forma gross income is approximately $133,200 annual
Detail & Features
  • Transaction Type:Commercial
  • Property Type:Multifamily
  • Status:Active
Map
Area Features
Businesses Nearby

Rhythm Cafe

(3 miles away)

Nick's 50'S Diner

(4 miles away)

Galley

(4 miles away)

RH Rooftop Restaurant at RH West Palm

(4 miles away)

Dave’s Hot Chicken

(5 miles away)

El Camino West Palm Beach

(5 miles away)

The Blind Monk

(5 miles away)

Hullabaloo

(5 miles away)

Elisabetta's Ristorante

(5 miles away)

Flare House American Fusion Cuisine

(6 miles away)
Public Transportation

Lake Worth Beach

(3 miles away)

WPB ITC at TRI RAIL

(5 miles away)

West Palm Beach

(5 miles away)

Greyhound: Bus Station

(5 miles away)

West Palm Beach

(5 miles away)

West Palm Beach Tri-Rail

(5 miles away)

West Palm Beach

(5 miles away)

West Palm Beach Service Plaza

(5 miles away)

Palm Tran Public Transportation - North County Facility

(7 miles away)

Mangonia Park

(8 miles away)
Airports

Palm Beach International Airport

(3 miles away)

Palm Beach County Park/Lantana Airport

(4 miles away)
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Contact The Keyes Company
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Property Highlights

  • 6-unit multifamily property

  • Three separate buildings on parcel

  • Unit breakdown: 1 bed, 2 bed, 3 bed

  • Some units have private fenced backyards

  • Each unit has separate electric meter

Nearby Multifamily Properties

Commercial

Riviera Beach, Florida, USA

10 miles away

Waterfront Investment Opportunity in Growing Scenic Location

USD $4,250,000

Details
Commercial

Oakland Park, Florida, USA

33 miles away

Multi-unit Garden Retreat in Oakland Park with Pool and Upgraded Apartments

USD $2,050,000

Details
Commercial

Fort Lauderdale, Florida, USA

35 miles away

Turnkey Multifamily Investment: 8 Furnished Studios & 2/2 Apartment Near Las Olas

USD $1,499,000

Details
Commercial

Fort Lauderdale, Florida, USA

36 miles away

Fully Renovated Five-plex in Victoria Park with Development Potential and Strong Income.

USD $1,500,000

Details