805 20th Street A,B,C, West Palm Beach, FL 33407
$700,000
Property Type:
Residential Income
Square Footage:
2,944
Lot Size (sq. ft.):
5,663
Status:
Active
Current Price:
$700,000
List Date:
2/06/2026
Last Modified:
3/11/2026
Description
Rare investment opportunity with a front single-family home (3/1, approx. 1,600 SF) and a two-story duplex in the rear. Duplex includes a 4/2 upstairs $2,000 per month lease expires 6/30/27. 3/1 downstairs vacent and rents for $1,800-$1,900. Front house leased for $2,400 month-to-month creating flexibility for rental increases or future redevelopment. Total rents up to $6,300 or more. Front home features A/C (2018), . Rear units include newer wall A/Cs and water heater (2016). Below-market rents provide built-in value-add. Drive-by only--please do not disturb tenants.
Supplements: According to the West Palm Housing Authority, market rates for a 3-bedroom unit are $2,590 and for a 4-bedroom unit are $3,130. Additional Features: Utilities: Three separate electric meters, one shared water meter (average $300 per month) Lawn care: Approximately $60 per month Investment Highlights: Immediate Upside: Rents are currently below market, with the opportunity to increase to align with West Palm Housing Authority rates, totaling $8,310 per month across all units. Strong Rental Demand: Close to employment hubs, Clematis Street, and major transit routes including I-95, Brightline, and Palm Beach International Airport. Area Revitalization: Northwood is undergoing significant redevelopment, leading to increasing property values and rental demand. Strategic Location: Steps from the Northwood Historic District, 1.8 miles from downtown West Palm Beach, and minutes from the Intracoastal. Why Invest Here? This property offers strong rental income potential, a prime location, and long-term appreciation, making it an excellent investment for steady cash flow and future growth. Whether you are looking to maximize rental income or owner-occupy a unit, this opportunity provides flexibility and potential in one of South Florida's most promising markets.
More Information MLS# R11161477
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Contract Date: 2026-02-06
Status: Active
Original List Price: 700000
List Price: $700,000
Current Price: $700,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Zip: 33407
Geographic Area: PB20
Country: United States
Street Number: 805
Street Name: 20th
Street Suffix: Street
Unit Number: A,B,C
State Or Province: FL
Postal Code: 33407
Subdivision Name: WASHINGTON HEIGHTS
Area: 5420
Parcel Number: 74434316100060190
Zoning: SF11(c
Directions: I-95 Palm Beach lakes east to Tamarind, north 20th, east house on left 805
Currently Not Used
Number Of Units Total: 3
General Property Information
Living Area Main: 2716
Gated Community YN: No
Lot Size Area: 5756
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 2
Pool Private YN: No
Property Sub Type: Triplex
Building Area Main: 2944
Building Area Source: Public Records
Year Built: 1929
Lot Size Acres: 0.13
Office/Member Information
DXORIGMLSID: RML
Association Amenities
Park: 1
Electric
Three Phase: 1
Flooring
Vinyl: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Deposit Held: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Cable TV: 1
Electricity: 1
Possession
Negotiable: 1
Utilities
Water Available: 1
Heating
Central: 1
Window/Wall: 1
Water Access
None: 1
Construction Materials
Mixed: 1
Listing Terms
Cash: 1
Conventional: 1
Owner Will Carry: 1
Other: 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 9800
Gross Income: 72600
Net Operating Income: 62800
Source Of Expenses
Owner Provided: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Showing Requirements
Call Listing Agent: 1
Text Listing Agent: 1
Restrictions
No Restrictions: 1
Storm Protection
Panel Shutters: Complete
Tax Information
No Homestead: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Porch: 1
Porch Details
Porch - Open: 1
Unit 1 Appliances
Refrigerator: 1
Unit 1 Details
Actual Rent: 2400
Baths Full: 1
Beds Total: 3
Furnished: Unfurnished
SqFt: 1182
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 2 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 3
Furnished: Unfurnished
SqFt: 732
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Open Parking: 1
Unit 3 Details
Actual Rent: 2000
Baths Full: 2
Beds Total: 4
SqFt: 832
Unit 3 Lease Description
Lease Expiration: 2027-06-30
Price Calculations
Current Price To SqFt: 257.73
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 6214.15
Tax Year: 2025
Tax Legal Description: WASHINGTON HGTS LOT 19 BLK 6
Status Change Information
Major Change Timestamp: 2026-02-06T19:15:04Z
Major Change Type: New Listing
Status Change Date: 2026-02-06
Originating Details
Originating System Key: 20260206190212411847000000
Originating System ID: M00000170
Property Features
Association Amenities: Park
Documents Available: Copy Of Lease(s); Deposit Held
Electric: Three Phase
Flooring: Vinyl
Property Condition: Resale
Tenant Pays: Cable TV; Electricity
Source Of Expenses: Owner Provided
Construction Materials: Mixed
Cooling: Central Air; Wall/Window Unit(s)
Heating: Central; Window/Wall
Listing Terms: Cash; Conventional; Owner Will Carry; Other
Possession: Negotiable
Restrictions: No Restrictions
Roof: Composition
Tax Information: No Homestead
Utilities: Water Available
Water Access: None
Water Source: Public
Showing Requirements: Call Listing Agent; Text Listing Agent
Outdoor Living Spaces: Porch
Porch Details: Porch - Open
Unit 1 Appliances: Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Acreage Description: Less Than 1/4 Acre Lot
Listing Office:
The Keyes Company
Last Updated: March - 11 - 2026
Broker Attribution:
561-577-0398
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