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Turnkey Multi-Family Income Property
For Sale
$2,400,000

332 Walton Blvd, West Palm Beach, FL 33405

Seven-unit multifamily building is fully occupied and features coin-operated laundry, ample parking, and extensive recent upgrades.

Property Size2,215 SF
Days on Market51

Property Features for 332 Walton Blvd

General Information

Standard status Active
Size 2,215 SF
Property subtype Investment
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $13,739

Building Details

Building Size 2,215 SF
Year Built 1958
Stories 1
Units 3
Tenancy Multi
Listing Agency: Woyce Realty Investments & Consulting Inc.
Listed By: Emanuel Fleurantin · License #3358234
Source: Elliman
Added: Jun 25 Changed: Aug 8 Last Checked: Aug 14 at 12:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Woyce Realty Investments & Consulting Inc.

Investment Insights

Based on property information with market context.

This turnkey, fully occupied seven-unit multifamily property is configured for residential rental income. The building includes coin-operated laundry and ample parking, and it has undergone extensive upgrades. Improvements cited include a new roof, impact windows, updated flooring, stainless steel appliances, remodeled kitchens and bathrooms, granite countertops, and exterior improvements.

The property is described as located in a high-demand rental area near I-95 and just blocks from the Intracoastal.

The offering is presented with current annual income of $166,680 and NOI of $113,800.

Key Highlights

  • 7‑unit multifamily building is 100% fully occupied for strong current income.
  • Coin‑operated laundry on‑site plus ample parking for tenants.
  • Extensive upgrades include a new roof and impact windows.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Pet Grooming Service Accounting Firm Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

947
Businesses Nearby

Demographics for 33405, FL

19,369
Population
9,557
Households
2
Avg Household Size
41
Median Age
34%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
4,304
Density / Sq Mi
$82,945
Median Household Income
$46,450
Median Earnings
$1,432
Median Rent
$401,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven-unit multifamily building is fully occupied and features coin-operated laundry, ample parking, and extensive recent upgrades.
Where is this apartment building located?
The property is located at 332 Walton Blvd West Palm Beach, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 7‑unit multifamily building is 100% fully occupied for strong current income.; Coin‑operated laundry on‑site plus ample parking for tenants.; Extensive upgrades include a new roof and impact windows.
More about this property
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