EXCEPTIONAL OPPORTUNITY to acquire this 7.8% + CAP RATE NWD Zoning TURNKEY 3 UNIT income-producing property( approved for 4 rental units ) located in the path of progress, just West of the NORA development, slated for completion by late 2025. The property is steps away from City Place, the Bright Line, and minutes from ocean beaches, Worth Avenue, and PBI Airport . The property consists of three structures featuring FOUR approved rental units: the main house has a 3 BR/ 1.5 BA unit, & a 5BR /2BA unit; a 1BR/ 1BA Guest House; and a Studio/1 BA cottage. This 6,534 SF lot enjoys NWD zoning. New Roof 2022, renovations in 2023. Offered TURNKEY & FURNISHED. Please do not disturb the tenants. Financials & Zoning info in Documents. Just steps from NORA !The owner pays all utilities except for electric for the cottage ( 908 4th) , that has its own meter. For the 2 units in the main house, they are charged for electric. The 1/1 in the back has electric included. Street and alley parking New AC 2022 New Water Heater 2022 New Roof 2022 except cottage
View Virtual Tour
The Museum at Ragtops Motorcars is one of West Palm Beach most interesting attractions. It has housed some of the most interesting 1950s and 1960s memorabilia since it opened in 1908.
West Palm Beach is home to over one million people and is the 3rd most populated city in the state of Florida.
Looking for great shopping and entertainment in West Palm Beach Florida? Look no further than Clematis Street. It is home to some of West Palm Beach's most vibrant and entertaining shops, restaurants and nightclubs.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2025 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2025 Beaches Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on November 14th, 2025 at 3:15am CST.