Three-Building Apartment
For Sale
$3,500,000
700 N Tamarind Avenue Unit 1-12, West Palm Beach, FL 33401
All units are leased across three parcels, with residential/commercial zoning at the 700 N Tamarind Avenue building.
Property SizeContact for details
Days on Market516
Property Features for 700 N Tamarind Avenue Unit 1-12
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Lease Term
[]
Units
Unit Mix
8 x 1BR, 12 x 2BR, 1 x 5BR
Multifamily Units
22
Building Details
Year Built
1952
Buildings
3
Construction
CBS
Listing Agency:
RE/MAX Direct
Listed By:
Sughey Argenal
(772) 287-1777
Source:
Onesothebysrealty
Added: Apr 1, 2025
Changed: Aug 29
Last Checked: Aug 29 at 4:55PM
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 multifamily property consists of three buildings on three parcels and is offered as a combined sale. The buildings are concrete block construction, were built in 1952, and are described as well maintained. All units are leased, providing an occupied operating profile at closing.
The asset includes 700 N Tamarind Avenue, with 12 units comprising 8 one-bedroom and 4 two-bedroom units; 925 6th St., with 4 two-bedroom units; and 919 6th St., with 5 units, including 4 two-bedroom units and 1 five-bedroom unit. The 700 building has a newer roof and carries residential/commercial zoning. The properties are located in Downtown West Palm Beach and are to be sold together.
The asset includes 700 N Tamarind Avenue, with 12 units comprising 8 one-bedroom and 4 two-bedroom units; 925 6th St., with 4 two-bedroom units; and 919 6th St., with 5 units, including 4 two-bedroom units and 1 five-bedroom unit. The 700 building has a newer roof and carries residential/commercial zoning. The properties are located in Downtown West Palm Beach and are to be sold together.
Key Highlights
- Three buildings on 3 parcels, offered together
- All units leased
- 700 N Tamarind Avenue: 12 units with 8/1BR and 4/2 BR
Property Analytics
Current Use
Lease Details
22
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
4,275
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - All units are leased across three parcels, with residential/commercial zoning at the 700 N Tamarind Avenue building.
Where is this apartment building located?
The property is located at 700 N Tamarind Avenue Unit 1-12 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 buildings on 3 parcels, offered together; All units leased; 700 N Tamarind Avenue: 12 units with 8/1BR and 4/2 BR
