Quick Palm Beach FL MLS Search

Browse All Palm Beach FL Multi-Family Properties for Sale

416 W Dr Martin Luther King Jr Boulevard W, Belle Glade
$865,000
ACTIVE Status ⋅ A12113243 MLS
TOTALLY RENOVATED 2 Story Commercial Building in Belle Glade with 30 UNITS READY TO GO + Storage Unit + VACANT CORNER LOT NEXT DOOR, TWO PARCELS SOLD TOGETHER! High Ceilings, Bright Natural Light, Flowing Spaces. Approx 5,948 SF Building TOTAL + 10,602 SF of Land TOTAL, ZONED B-2 COMMERCIAL on Belle Glade's Main Avenue! ALL NEW FLOORS, ALL NEW BATHROOMS, Every Unit Set Up Like its Own Studio. Endless Possibilities. Perfect for: Not For Profit, Dormitory, Assisted Living, Nursing Home, Behavioral Health Facility, Trade or Tech School, Workforce Housing, Residential Facility, Etc. 30 SEPARATE ELECTRIC METERS, Owner Pays Water, about $1.5K to $2K per Month when occupied. ALL NEW ELECTRIC, UPDATED PLUMBING, NEW FLOORS, NEW BATHROOMS, FRESHLY PAINTED, Roof 10 Yrs Old, COMPLETELY TURNKEY. VACANT CORNER LOT is Perfect for Parking, Expansion, New Construction, Outdoor Space, Etc. CORNER EXPOSURE w/ Frontage on Both Dr Martin Luther King Jr Blvd and SW Avenue E. Buyer to Verify Zoning and Permitted Uses. Walk to 24Hr 1-Stop Market, Winn-Dixie, Bank of Belle Glade, Wells Fargo, Lawrence E. Will Museum of the Glades, Etc. 10 Mins to Torry Island on LAKE OKEECHOBEE, BASS FISHING CAPITAL OF USA, Belle Glade Golf Club + Nature Trails. Close to Lake O Scenic Trail, Glades Pioneer Splash Park + Aquatic Center, Dolly Hand Cultural Center + Annual Black Gold Jubilee Fest. 5 Mins to PB State College BG Campus, 8 to Lakeside Medical Center, 50 to PBI Airport. Call Today!

416 W Dr Martin Luther King Jr Boulevard W, Belle Glade

2907 ASHLEY Drive W Unit A, West Palm Beach
$1,520,000
ACTIVE Status ⋅ B26092035 MLS
6.9% Cap Rate, $105,072 NOI. Acquire a self-managed, fully leased 10-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (2) 2bed/2bath,(2) 2bed/1bath, (1)1bed/2bath & (5) 1bed/1bath units all located in well maintained Palm Beach County 55+ communities with well-established pet-free tenants. The communities are villas or 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $29,440 transfer. This structure consolidates 10 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only All units are located close together and have screened porches, additional storage, and either in-unit laundry or a free-standing laundry room within 50ft. Unit addresses: 401 Pine Glenn Lane B1, Greenacres, FL 33463 5800 Whispering Pine Way D2, Greenacres, FL 33463 5961 Whispering Pine Way A1, Greenacres,FL 33463 2779 Emory Drive E, Unit E, West Palm Beach, FL 33415 2907 W Ashley Drive A, West Palm Beach, FL 33415 5960 Whispering Pine Way C-2, Greenacres, FL 33463 2837 Ashley Drive W D, West Palm Beach, FL 33415 214 Lake Frances Drive, West Palm Beach, FL 33411 414 Pine Glen Lane C-2, Greenacres, FL 33463 327 Knotty Pine Circle A-1, Greenacres, FL 33463 A membership-interest transfer may have different property tax implications than a deed transfer*

2907 ASHLEY Drive W Unit A, West Palm Beach

4614 Gulfstream Road, Lake Worth
$1,250,000
ACTIVE Status ⋅ B26089883 MLS ⋅ Covenant Villas BLDG.
Bring your vision to unincorporated Lake Worth! A compelling opportunity for investors, builders, and developers to acquire 1.83 acres in the heart of Lake Worth, Florida, with the potential for a 20-unit multifamily development. This property offers a head start for future development, with several key approvals previously secured, significantly advancing the preliminary planning process. Zoning, water utility, right-of-way, drainage, and Health Department permits have already been previously approved, providing a valuable foundation for the next phase of development. Completed building plans are also available and attached to the MLS, offering additional value and a head start for prospective developers. The proposed unit mix consists of 17 two-bedroom, two-bathroom units and 3 one-bedroom, one-bathroom units. Based on comparable rental rates, the projected rental income could reach approximately $44,500 per month, or $534,000 annually, assuming all 20 units are rented at the estimated market rates of $2,300 per month for the two-bedroom units and $1,800 per month for the one-bedroom units. These figures represent potential gross rental income before expenses, vacancy, and other operating costs. Ideal for investors seeking their next project, builders looking to expand their portfolio, or developers pursuing multifamily opportunities in a central Lake Worth location. With substantial preliminary work already completed, this property presents an opportunity to build on the progress made and explore its full development potential. Buyer to independently verify zoning, approvals, development feasibility, and all intended uses with the appropriate authorities. Seller is open to seller financing.

4614 Gulfstream Road, Lake Worth

820 21st Street, West Palm Beach
$549,000
ACTIVE Status ⋅ A12106256 MLS
Triplex with (3) individual units.  Units have updated bathroom, paint, windows, wall units, interior doors.  All units have laminated flooring. Separate electric and water meters (Tenants pay for Utilities Electricity/Water & Trash).   All same size units 588sqft each with a nice covered front porch TOTAL ALL 3 UNITS 1764sqft. open street parking,  all units have 2 bedrooms with Living/Dining/Kitchen area and 1 full bath with a nice size shower.  Units A & B have nice long term tenants & unit C has a very nice new 12 months tenant. Producing total of ($4,450) Rental Income monthly. All plumbing from Triplex to the street was replaced.in 2022.LEASE ENDS: UNIT A & B ON MARCH 2027. UNT C ON JULY 2027. Unit A: Stove & Oven, Fridge, Microwave, Wall Units, Washer/Dryer. YGI: $18,000. Expenses $2K for taxes, maintenance ($320 landscaping/$300 minor fixes); NOI: $15,380. Unit B: Stove & Oven, Fridge, Microwave, Wall Units, Washer/Dryer hook up. YGI: $18,000. Expenses: $2K a year for taxes, maintenance ($320 landscaping/$300 minor fixes); NOI: $15,380. Unit C: Oven, fridge. Wall Units. YGI: $17,400. Expenses. $2K a year for taxes, maintenance ($320 landscaping/$300 minor fixes); NOI: $14,780. Phenomenal growing area of West Palm Beach few minutes from the new development of Northwood Village. Just minutes away from Downtown WPB., Palm Beach Lakes Mall, PB Airport, Train Station, Hospitals, The Breakers. One unit has washer/dryer hook up and one has washer/dryer in place.

820 21st Street, West Palm Beach

Start Your Search

Palm Beach Multi-Family Real Estate

Our website features the best real estate search for multi-family properties available in Palm Beach and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

How much is your home worth?

Get instant property value now!