442 27th St, West Palm Beach, FL 33407

Exceptional investment opportunity: a beautifully renovated 3-unit apartment building in desirable West Palm Beach, FL (33407). This property boasts a charming main house (3 bedrooms, 3 baths) featuring 10-foot ceilings with wood beam accents, original hardwood floors, a fireplace, and plaster walls. The first floor includes a den/office, full bath, and laundry. The primary suite offers a new walk-in shower. Three additional bedrooms and two baths are located on the second floor. The kitchen is equipped with brand-new appliances and a gas range. Two additional units, each a 1-bedroom, 1-bathroom apartment with full kitchens, living areas, and patios (one with a screened porch), are housed in a two-story guest house. The property also features a resort-style pool deck complete with lounge areas and a grill, perfect for entertaining. Built in 1924 and extensively renovated in 2019, this property includes a new metal roof, updated electrical service, and a freshly painted exterior. All units are professionally decorated, and furnishings are negotiable. The property currently operates as a successful vacation rental complex ("The Citrus Cottage"), and the owner will assist with transferring future bookings. The 0.18-acre lot offers ample space. The total building size is 3261 square feet. Currently operating at 85% occupancy. Showings are available only when not occupied by guests.