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805 20th Street

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West Palm Beach, FL 33407
$750,000
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April 01 2025
April 02 2025
April 03 2025
Property Description

Front Single-Family Home3 Bedrooms / 1 Bathroom | 1,600 Sq. Ft.Tenant occupied for six years at $2,400 per month (below market rent)Lease ends July 31, 2025 - Potential market rent: $2,590 per monthA/C: 2018, Water Heater: 2014**Rear DuplexUnit 803B (4 Bedroom / 2 Bathroom - Upstairs)Currently rented at $1,950 per month (below market rent)Potential market rent: $3,130 per month**Unit 803A (3 Bedroom / 1 Bathroom - Downstairs)Tenant paying $1,575 per month (below market rent)Potential market rent: $2,590 per monthFeatures newer wall unit A/Cs, water heater (2016)Lease ends January 31, 2025Flexible Delivery: While leases are in place, the property can be delivered with one or two units vacant, allowing the new owner to adjust rental strategy immediately.

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    805 20th Street, West Palm Beach, FL 33407

    Property Stats

    Front Single-Family Home3 Bedrooms / 1 Bathroom | 1,600 Sq. Ft.Tenant occupied for six years at $2,400 per month (below market rent)Lease ends July 31, 2025 - Potential market rent: $2,590 per monthA/C: 2018, Water Heater: 2014**Rear DuplexUnit 803B (4 Bedroom / 2 Bathroom - Upstairs)Currently rented at $1,950 per month (below market rent)Potential market rent: $3,130 per month**Unit 803A (3 Bedroom / 1 Bathroom - Downstairs)Tenant paying $1,575 per month (below market rent)Potential market rent: $2,590 per monthFeatures newer wall unit A/Cs, water heater (2016)Lease ends January 31, 2025Flexible Delivery: While leases are in place, the property can be delivered with one or two units vacant, allowing the new owner to adjust rental strategy immediately.

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