1. West Palm Beach Real Estate
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  1. Details of 220 Walton Boulevard
  • 220 Walton Boulevard
  • $2,895,000
  • West Palm Beach, FL / ESTATES OF SOUTH PALM BEACH ADD 1
  • 4,540 Sq.Ft.
Or Call Richard 561.702.4241

220 Walton Boulevard , FL - West Palm Beach

MultiFamily (5+ Units)

8-unit multifamily just minutes from the beach. 1 Fully updated corner unit with impact windows/doors, and central AC. 4 large 1/1s and 4 standard 1/1s. Current income: $150,600/year, NOI: $97,208, cap rate: 4.99%. Pro forma income: $209,040, NOI: $155,649, cap rate: 5.38%. One unit is vacant and Airbnb-ready; the other 7 are on annual leases. Huge upside by converting corner units to short-term rentals--conservatively projected at $30K/unit annually. Turnkey investment with strong cash flow and Airbnb potential.

Listing Summary
  • MLS® #: 11084283
  • Price: $2,895,000
  • Square Feet: 4,540
  • Status: Active
  • County: Palm Beach
  • Subdivision: ESTATES OF SOUTH PALM BEACH ADD 1
  • Listing Date: 04-23-2025
  • Property Type: MultiFamily (5+ Units)
  • Property Type Description: MultiFamily (5+ Units)
  • Year Built: 1950
  • Taxes: 41319
  • Tax Year: 2024
  • Short Sale:
School Information
Elemenatry School Middle School High School
Additional Features
  • Waterfront: No
  • Waterfront Description:
  • View:
  • Pets Allowed?: No
  • Flooring:
  • Furnished:
  • Construction:
  • Parking:
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The MLS data provided for the property above (11084283) is provided courtesy of (Woyce Realty Investments & Consulting Inc.).
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Data last updated on 05-22-2025.


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