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    6425 Royal Palm Beach Blvd West Palm Beach, FL 33412

    For Sale
    $1,800,000

    Multifamily property with multiple rental units and income potential.

    Lot size:
    1.25 Acres

    Property Features for 6425 Royal Palm Beach Blvd

    General Information

    Lot size
    1.25 Acres

    Building Details

    Year built
    2006

    Source: Seawinds Realty Agent Bert Lopez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Generating Multifamily Property

    This multifamily property features three separate rental areas, each with its own entrance. The main house, currently rented for $5500 per month, includes 5 bedrooms, 2.5 bathrooms, a kitchen, living room, dining room, family room, and a swimming pool. The second rental area, rented for $2500 per month, offers 2 bedrooms, 1 bathroom, a kitchen, and a living/dining room combination. The third area, rented for $1500 per month, contains 1 bedroom, 1 bathroom, and a kitchen. The total current rental income is $8,300 per month. There is potential to increase the rental income to $10,000 per month if the main house is rented for $6500 per month. The 5-bedroom unit is fully furnished and could be used as an Airbnb, potentially generating over $52,000 annually, in addition to the income from the other two units. The property is situated on a large 1.25-acre lot and includes parking space for 8 vehicles.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

    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
    -80.2268958
    Latitude
    26.7719703

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    FAQs

    What type of property is this?
    Multifamily property - Multifamily property with multiple rental units and income potential.
    Where is this multifamily property located?
    The property is located at 6425 Royal Palm Beach Blvd West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - High Rental Income: Currently generating $8,300 per month, with potential to reach $10,000.; - Multiple Rental Units: Features 3 separate rental areas, each with private entrances.; - Main House Features: The primary rental unit includes 5 bedrooms, 2.5 bathrooms, kitchen, living room, dining room, family room, and a swimming pool.
    (561) 317-2004
    Request Owner's contact information
    6425 Royal Palm Beach Blvd West Palm Beach, FL 33412
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    West Palm Beach, FL 33412
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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
    6425 Royal Palm Beach Blvd West Palm Beach, FL 33412
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