Building Details

Units 28

Listing Agency: Partnership Realty Inc

Listed By: Scott Steel Ginsberg

Source: Crexi

Added: Feb 1 Changed: Aug 29 Last Checked: Sep 1 at 12:09AM

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Investment Insights

Based on property information with market context.

This remodeled apartment building contains 28 multifamily units and is currently vacant. The property is positioned for an ownership strategy involving the placement of new tenants.

Key Highlights

• 28 multifamily units
• Remodeled apartment building
• Currently vacant

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Nail Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

28

Residential units

Location Intelligence

Trade Area within ½ mile

692

Businesses Nearby

Explore this area Business Placement

Demographics for 33417, FL

34,153

Population

20,450

Households

1.7

Avg Household Size

48

Median Age

26%

College-Educated

83%

High-School Grad

6.6 sq mi

ZIP Area

5,175

Density / Sq Mi

$50,077

Median Household Income

$35,036

Median Earnings

$1,533

Median Rent

$159,300

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Remodeled multifamily property offered vacant for new tenancy.

Where is this apartment building located?

The property is located at 4001 WINDSOR West Palm Beach, FL.

What is the asking price?

The asking price for this property is $5,600,000.

What are key features of this property?

This property features: 28 multifamily units; Remodeled apartment building; Currently vacant