For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    West Palm Beach Income Property Title is generated by Realmo AI

    817 NW 7th Street, West Palm Beach, FL 33401

    View on Map
    Claim this Listing
    For Sale
    $775,000

    MULTI_FAMILY - West Palm Beach, FL

    Property size:
    2,196 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $352/SF
    Added:
    Apr 28, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 18 at 7:06 pm

    Property Features for 817 NW 7th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    NWD-R (city)
    Bedrooms
    9
    Rooms
    Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 5, Bathroom 5, Bedroom 9, Bedroom 6, Bedroom 7, Bathroom 1, Bathroom 2, Bedroom 8, Bedroom 2
    Pets allowed
    No, Yes
    Exterior features
    Balcony
    Standard status
    Active
    APN
    74434316010030090
    Size
    2,196 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    FRESHWATER ADD TO WPB AMNDED LT 9 BLK 3
    Tax Annual Amount
    7569

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Cooling system
    Wall/Window Unit(s), Ceiling Fan(s), Electric, Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1935
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Tile
    Building materials
    Vinyl Siding, Wood Siding
    Roof type
    Shingle, Composition

    We can help!

    Listing Contact
    Gaetjen Jerome

    Listing agent Gaetjen Jerome License #3463213

    Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL

    Listing date Apr 28, 2026

    MLS# B26022899 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 1935, single‑family home plus separate rear triplex in West Palm Beach
    • Triplex unit mix: 1BR/1BA, studio/1BA, and 2BR/1BA apartment
    • Both buildings have roofs replaced in 2018
    • Utilities include cable available; public water and public sewer
    • Electricity is individually metered for each unit, and each building has its own water meter
    • Exterior includes balcony; construction features vinyl siding and wood siding with tile flooring

    Overview

    This West Palm Beach property, constructed in 1935, presents a unique investment opportunity. It features a 5-bedroom, 2-bathroom single-family home along with a separate triplex at the rear of the 0.14-acre lot. The triplex comprises a 1-bedroom/1-bath unit, a studio with 1 bath, and a 2-bedroom/1-bath apartment, offering income-producing potential. The property is zoned NWD-R (city). Both buildings had their roofs replaced in 2018. Each unit is individually metered for electricity, and each building has its own water meter. The property's location provides easy access to Clematis Street, Palm Beach Outlets, and various dining, shopping, and entertainment options. The property is located minutes from Downtown West Palm Beach and the Brightline station. The property size is 2,196 square feet.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $61.9k $28.20
    − Vacancy −$3.2k −$1.47
    EGI $58.7k $26.73
    − OpEx −$17.6k −$8.02
    NOI $41.1k $18.71
    2,196 SF · lease $28.20/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $587.1K
    $513.7K – $684.9K (±1% cap)
    NOI $41,095 @ 7.0% cap · market cap 5.30%
    Second Best
    Apartment 5plus
    $546.0K
    $477.8K – $637.0K (±1% cap)
    NOI $38,220 @ 7.0% cap · market cap 4.93%
    Theoretical Best
    Office A
    $1.55M
    $1.35M – $1.80M (±1% cap)
    NOI $108,258 @ 7.0% cap · market cap 13.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Law Firm Gym & Fitness Center Auto Repair Shop

    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
    -80.06032
    Latitude
    26.720187

    FAQs

    What type of property is this?
    Triplex - Unique investment opportunity near Downtown West Palm Beach and Brightline.
    Where is this triplex located?
    The property is located at 817 NW 7th Street West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: Built in 1935, single‑family home plus separate rear triplex in West Palm Beach; Triplex unit mix: 1BR/1BA, studio/1BA, and 2BR/1BA apartment; Both buildings have roofs replaced in 2018
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message