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    Mixed-Use Property in West Palm Title is generated by Realmo AI

    816 9th Street, West Palm Beach, FL 33401

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $799,000

    MULTI_FAMILY - West Palm Beach, FL

    Property size:
    3,181 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $251/SF
    Added:
    Feb 16, 2026
    Days on Market:
    116
    Last Refresh:
    Jun 12 at 5:06 am

    Property Features for 816 9th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    NWD-R(
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 1
    Patio and Porch features
    Patio, Deck
    Fencing
    Fenced
    Standard status
    Active Under Contract
    APN
    74434316010080050
    Size
    3,181 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    FRESHWATER ADD TO WPB AMNDED LT 5 BLK 8
    Tax Annual Amount
    7339

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile
    Building materials
    CBS, Vinyl Siding, Mixed
    Roof type
    Composition

    We can help!

    Listing Contact
    Adriane Marcelle

    Listing agent Adriane Marcelle License #3598311

    Listing office KW Reserve Palm Beach 2041 Vista Parkway Ste. 201, West Palm Beach, FL

    Listing date Feb 16, 2026

    MLS# R11165531 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • zoned for mixed use
    • small cathedral plus duplex configuration
    • built in 1940
    • public water and public sewer
    • tile flooring throughout
    • central heating and central air with electric cooling

    Overview

    This unique mixed-use property is located in a new hip community near downtown West Palm Beach, Florida, in close proximity to the marina and the Nora District. The property is also located close to the expressway and Palm Beach. The property includes a small cathedral and a duplex. The property is zoned for mixed use and has a lot size of 0.14 acres. The property size is 3181 square feet. The zoning is NWD-R.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $89.7k $28.20
    − Vacancy −$4.7k −$1.47
    EGI $85.0k $26.73
    − OpEx −$25.5k −$8.02
    NOI $59.5k $18.71
    3,181 SF · lease $28.20/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $850.4K
    $744.1K – $992.1K (±1% cap)
    NOI $59,528 @ 7.0% cap · market cap 7.45%
    Second Best
    Apartment 5plus
    $790.9K
    $692.1K – $922.7K (±1% cap)
    NOI $55,364 @ 7.0% cap · market cap 6.93%
    Theoretical Best
    Office A
    $2.24M
    $1.96M – $2.61M (±1% cap)
    NOI $156,817 @ 7.0% cap · market cap 19.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.060135
    Latitude
    26.72143

    FAQs

    What type of property is this?
    Mixed-use property - Unique mixed-use property near downtown West Palm Beach.
    Where is this mixed-use property located?
    The property is located at 816 9th Street West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: zoned for mixed use; small cathedral plus duplex configuration; built in 1940
    More about this property
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