442 27th St West Palm Beach, FL 33407

Property Details for 442 27th St

Year built

1925

Property type

Residential income homes

Property subtype

Residential income properties

Description

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.

Location Insight

• Map
• Local Demand

City

West Palm Beach

County

State

Florida