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Apartment Portfolio with Newer Roof
For Sale
$3,500,000

919 6th Street Unit 1-5, West Palm Beach, FL 33401

Three buildings on separate parcels are fully leased, with residential/commercial zoning at the Tamarind Avenue building.

Property Size4,872 SF
Price / SF$718.39
Days on Market481

Property Features for 919 6th Street Unit 1-5

General Information

Standard status Active
Size 4,872 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 8 x 1BR, 12 x 2BR, 1 x 5BR
Multifamily Units 22

Taxes and HOA fees

Annual Taxes $7,462

Amenities

Electric, Window/Wall Unit
3
NWD-R-C1—NORTH
Waterfront.
Security Lighting, Landscaped.

Building Details

Year Built 1964
Buildings 3
Construction CBS
Listing Agency: RE/MAX Direct
Listed By: Sughey Argenal
Source: Xome
Added: May 10, 2025 Changed: Aug 30 Last Checked: Aug 31 at 1:59PM

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 RE/MAX Direct

Investment Insights

Based on property information with market context.

This apartment portfolio comprises three CBS buildings across three parcels in Downtown West Palm Beach. The properties are identified at 700 N Tamarind Ave, 925 6th St, and 919 6th St, with all units currently leased. The buildings date to 1964 and are described as well maintained. The roof at 700 N Tamarind Ave has been replaced more recently than the original construction.

The 700 N Tamarind Ave building carries residential/commercial zoning, while the portfolio is positioned within the downtown West Palm Beach market. The properties are offered together as a single portfolio rather than as separate buildings. Existing occupancy and the combination of multiple buildings provide the defining operating characteristics of the asset.

Key Highlights

  • Three apartment buildings conveyed together across 3 parcels
  • All units are currently leased
  • 700 N Tamarind Ave has residential/commercial zoning

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Pet Grooming Service Butcher Locksmith (Bike/Boat/Book/etc) Store Clothing & Fashion Store Veterinary Clinic

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

22
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,275
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Three buildings on separate parcels are fully leased, with residential/commercial zoning at the Tamarind Avenue building.
Where is this apartment building located?
The property is located at 919 6th Street Unit 1-5 West Palm Beach, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Three apartment buildings conveyed together across 3 parcels; All units are currently leased; 700 N Tamarind Ave has residential/commercial zoning
More about this property
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