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    515 N Sapodilla Ave West Palm Beach, FL 33401

    New
    For Sale
    $2,195,000

    Resident. Multi-Fam. - West Palm Beach, FL

    Property size:
    5,652 SF
    Lot size:
    0.32 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 515 N Sapodilla Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    NWD-R(
    APN
    74434321060180010
    Size
    5,652 SF
    Lot size
    0.32 Acres

    Utilities

    Cooling system
    Wall/Window Unit(s)

    Building Details

    Year built
    1965
    Floors in Building
    2
    Number of units
    7
    Flooring type
    Laminate
    Roof type
    Wood
    Architectural style
    Other

    Keyes Company Realtors (305) 371-3592 [email protected]

    Listing agent William J Ogden (561) 750-1000

    Listing date Dec 4, 2025

    MLS# RX-11145374 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Palm Beach Multifamily Asset

    This is a fully renovated and occupied 7-unit income-producing property located in the heart of downtown West Palm Beach. The property consists of six 2-bedroom, 1-bathroom apartments and one detached 5-bedroom, 2-bathroom single-family home, offering a unit mix intended for stable cash flow. Every unit has been updated within the last 12 months, including new roofs, kitchens, baths, flooring, plumbing, electrical, lighting, appliances, hardware, interior and exterior paint, and refreshed landscaping. The property is located in a high-demand growth corridor just blocks from downtown West Palm Beach, also known as Wall Street South. The 0.32-acre property is positioned to benefit from major public and private investments nearby. The property size is 5,652 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.058783
    Latitude
    26.717805

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    FAQs

    What type of property is this?
    Apartment building - Turnkey, fully renovated, and occupied 7-unit property near downtown.
    Where is this apartment building located?
    The property is located at 515 N Sapodilla Ave West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $2,195,000.
    What are key features of this property?
    This property features: - Fully renovated 7-unit multifamily property featuring six 2BR/1BA apartments and a 5BR/2BA single-family home.; - Turnkey and fully occupied for immediate income.; - Located in Downtown West Palm Beach, known as 'Wall Street South'.
    (561) 750-1000
    Request Owner's contact information
    515 N Sapodilla Ave West Palm Beach, FL 33401
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    West Palm Beach, FL 33401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    515 N Sapodilla Ave West Palm Beach, FL 33401
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