Search
Value-Add Five-Unit Apartment Property
For Sale
Contact for pricing
Pending

821 14th St, West Palm Beach, FL 33401

Five two-bedroom units in two buildings with individually metered water and electric, plus recent property upgrades.

Property SizeContact for details
Days on Market141

Property Features for 821 14th St

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 5

Building Details

Construction Concrete Block Structure
Tenancy Multi
Listing Agency: Bawons Properties
Listed By: Wendy Pierre, MBA CCIM · License #CQ1054334
Source: Crexi
Added: Apr 11 Changed: Aug 17 Last Checked: Aug 28 at 3:00PM

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 Bawons Properties

Investment Insights

Based on property information with market context.

The Yates Apartments is a five-unit, concrete block property featuring (5) two-bedroom/one-bath units within two buildings. The layout includes a two-story quadplex facing 14th Street and a separate back house with a full garage. The property has individually metered water and electric, supporting a lower-maintenance operating model.

Recent ownership investments include electrical upgrades, repaving of the parking structure, and a full renovation to the back house. The asset is positioned just outside the rapidly expanding core of Downtown West Palm Beach, about two blocks from the Palm Beach Lakes Boulevard corridor.

The current unit configuration provides a straightforward income approach with two-bedroom/one-bath apartments across the quadplex and the back house.

Key Highlights

  • Five 2‑bedroom, 1‑bath units across two buildings: two‑story quadplex and a back house with a full garage
  • Concrete block structure with individually metered water and electric for each unit
  • Ownership upgrades include electrical improvements, repaving of the parking structure, and full renovation to the back house

Property Analytics

Current Use

Branic of Miami Apartment Building

Suggested Use

Top Pick Locksmith Pet Grooming Service Carpet & Flooring Store Butcher (Bike/Boat/Book/etc) Store Fish Market

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

5
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,922
Businesses Nearby

Demographics for 33401, FL

31,302
Population
19,051
Households
1.6
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,138
Density / Sq Mi
$60,942
Median Household Income
$39,932
Median Earnings
$1,774
Median Rent
$430,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Five two-bedroom units in two buildings with individually metered water and electric, plus recent property upgrades.
Where is this apartment building located?
The property is located at 821 14th St West Palm Beach, FL.
What are key features of this property?
This property features: Five 2‑bedroom, 1‑bath units across two buildings: two‑story quadplex and a back house with a full garage; Concrete block structure with individually metered water and electric for each unit; Ownership upgrades include electrical improvements, repaving of the parking structure, and full renovation to the back house
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