West Palm Beach, FL Multifamily Properties for Sale

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51 properties

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Updated: Jun 18

Two-Unit Duplex with Separate Utilities

1005 Green Street, West Palm Beach, FL 33405

$529,000

2,564 sqft

Duplex built in 1982 with 2 separate units, each offering 2 bedrooms and 2 bathrooms
Each unit has its own laundry area
Separate electric meters for added convenience and flexibility
Total layout includes 4 bedrooms and 4 bathrooms across both units
Long‑term, stable tenants have occupied the property for many years

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This listing looks promising.

Here's a quick look at some key insights for

1005 Green Street, West Palm Beach, FL 33405

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$48K
Annual
Price @ 7% Cap

$685K
Above asking
Property Type

Duplex
Built 1982

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Updated: Jun 24

Three-Unit Triplex with Updated Roof

711 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401

$679,900

1,261 sqft 0.16 AC lot

Three‑unit triplex built in 1938 with all units fully rented
Roof replaced in 2023
Unit mix: Main house 3BR/1BA; two additional units each 2BR/1BA
Separate electric and water meters already in place
YGI/NOI figures provided: Unit 1 YGI $24,600 with $24,120 NOI; Units 2 & 3 YGI $18,600 with $18,120 NOI each

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West Palm Beach Multifamily Gem

415 31st Street, West Palm Beach, FL

$1,700,000

3,905 sqft 0.14 AC lot

Charming multifamily property in West Palm Beach's historic district.

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Turnkey 7-Unit Multifamily Property

332 Walton Boulevard, West Palm Beach, FL 33405

$2,400,000

2,215 sqft 0.12 AC lot

Fully occupied 7-unit multifamily with coin-operated laundry, ample parking, and extensive exterior and interior upgrades.

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Stabilized Multifamily Property in Florida

3307 Windsor Ave, West Palm Beach, FL 33407

$2,595,000

7,800 sqft 0.57 AC lot

Stabilized 12-unit multifamily property with government-backed rental income.

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Turnkey Triplex with Furnished Units

618 30th St, West Palm Beach, FL 33407

$679,000

1,689 sqft

Turnkey triplex with central A/C in two units, a roof re-coated in late 2024, and two furnished units.

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Duplex with Two 2BR Units

West Palm Beach, FL 33413

$449,000

1,624 sqft

Well-maintained duplex with two 2-bedroom, 1-bath units, one tenant-occupied and one vacant for immediate occupancy.

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West Palm Beach Income Property

619 30th Street, West Palm Beach, FL 33407

$629,000

2,775 sqft 0.14 AC lot

Spanish Mission style home with guest house near Nora District.

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Duplex with Two Separate Entries

4727 Myrtle Lane, West Palm Beach, FL 33417

$550,000

1,988 sqft

Two separate units with updated kitchens, tile flooring, and ample parking, plus a large backyard for everyday and rental use.

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Multifamily Residential Income Property

3621 Morton Avenue, West Palm Beach, FL 33405

$828,000

3,069 sqft 0.16 AC lot

Residential income property with two separate buildings and multiple 1- and 2-bedroom units on an oversized lot.

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Turnkey Renovated Triplex

817 Grant St, West Palm Beach, FL 33407

$607,900

2,096 sqft

Fully rented triplex with renovated 2-bed layouts and separate water and electric meters for tenant-paid utilities.

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Renovated Turnkey Duplex Investment

2741 Parker Avenue, West Palm Beach, FL 33405

$949,000

1,682 sqft 0.16 AC lot

Turnkey duplex with modern renovations and a fully fenced backyard built for year-round outdoor living.

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Residential Income Quadplex

817 NW 7th Street, West Palm Beach, FL 33401

$775,000

2,196 sqft 0.14 AC lot

Built in 1935, the property includes a main 5-bedroom home plus a rear triplex, with separately metered utilities.

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Three-Building Multifamily Portfolio

700 North Tamarind Avenue, West Palm Beach, FL 33401

$3,410,000

15,477 sqft

21-unit multifamily portfolio with studio through three-bedroom layouts, on-site laundry, and paved parking in West Palm Beach.

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West Palm Beach Duplex Investment

528 Churchill Road, West Palm Beach, FL 33405

$565,000

1,644 sqft 0.14 AC lot

Income-producing duplex with upgrades in a desirable West Palm Beach location.

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West Palm Beach Commercial Property

3602 S Dixie Highway, West Palm Beach, FL 33405

$400,000

624 sqft 2.00 AC lot

Commercial property available in West Palm Beach, Florida.

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Two-Unit Duplex Investment

1602 Meridian Road, West Palm Beach, FL 33417

$524,900

1,850 sqft

Duplex with two separate 2-bedroom, 1-bath units, offering straightforward rental income potential for investors.

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Renovated Triplex with Ample Parking

4381 Purdy Ln, West Palm Beach, FL 33406

$750,000

2,904 sqft

Turnkey-ready triplex with three rented units featuring updated kitchens, modern bathrooms, and independent layouts.

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Triplex with Oversized Lot

3621 Morton Avenue, West Palm Beach, FL 33405

$848,000

3,069 sqft

Three separate dwelling units on a large lot, offering flexible setup for rental housing or redevelopment considerations.

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Multi-Family Residence with Guest House

643 36th Street, West Palm Beach, FL 33407

$1,949,000

3,643 sqft 0.28 AC lot

Multi-family property features a main residence and separate guest house, plus outdoor pool and hot tub amenities.

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Renovated Quadplex with Private Parking

2840 Avenue S, West Palm Beach, FL 33404

$1,150,000

3,108 sqft

Four fully renovated units with a private parking lot offer a turn-key residential income setup.

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Duplex with Small Cathedral

816 9th Street, West Palm Beach, FL 33401

$699,000

3,181 sqft 0.14 AC lot

Duplex property zoned for mixed use, including a small cathedral on-site, for sale in West Palm Beach.

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Well-Maintained 5-Unit Multifamily

1913 Division Avenue, West Palm Beach, FL 33407

$1,150,000

3,504 sqft

Five-unit multifamily with mix of 2- and 3-bedroom homes, private parking, shared outdoor space, and recent AC updates.

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Income-Producing Duplex in West Palm

4727 Myrtle Lane, West Palm Beach, FL 33417

$550,000

1,710 sqft 0.23 AC lot

Duplex with tenant-occupied unit, updated kitchens, and large backyard.

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West Palm Beach, FL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in West Palm Beach, FL, showcased through 51 active listings on our real estate platform. These investment opportunities span a total of 155,456 square feet of properties for sale, with an estimated market value of $43,207,798.

Sale prices for multifamily properties in West Palm Beach, FL start at $245,000, averaging $1,053,848, and reaching up to $8,120,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 546K

Population Growth (5Y) +4.1%

Median Household Income $81,556

College Educated 35.1%

High-Yield Neighborhoods for Investment

Identify West Palm Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
33403	$283.3K
33417	$610.8K
33406	$750K
33415	$884K
33405	$1M

Taxes & Financing

Tax Rate (average for all types) 1.89%

Property Tax per SF $27.76 per SF

Tax Rate vs County Average 0.03 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Palm Beach County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in West Palm Beach fall within the 100,000+ square foot range.

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