$2,450,000
Active
$2,450,000
246 Gray
West Palm Beach, FL 33405
3 bd2 ba2,068 sqft
Gladeport Sub Trs A And B
$2,400,000299 days on marketActive
1530 Crescent Circle, West Palm Beach, FL 33403
West Palm Beach, FL 33403
10,224
Sq Ft
$235
$/Sq Ft
1963
Year Built
Listing Snapshot
| List Price | $2,400,000 |
| Price / Sq Ft | $235 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 10,224 sqft |
| Year Built | 1963 |
| Property Tax | $28,606/yr |
| MLS # | 1138770733 |
| Status | Active |
| Days on Market | 299 |
About This Home
Exceptional opportunity to acquire a 10,000 SF, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Quadruplex
- Stories
- 2
- Parking Spaces
- 12
- Zoning
- R2 (city
- Utilities
- CableAvailable
- Subdivision
- LAKE PARK ADD 3
Interior Features
- Flooring
- Vinyl
- Heating
- Central,SeparateMeters
- Cooling
- CentralAir
- Laundry
- Outside
Exterior Features
- Construction
- Block
- Roof
- Concrete
- Lot Features
- QuarterToHalfAcreLot
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 5270
Schools
ElementaryThe Conservatory School at North Palm Beach
MiddleHowell L. Watkins
HighPalm Beach Gardens
Map
Virtual Tour
View Virtual TourListed by Benjamin Lipkin · LIV Real Estate Group
MLS# 1138770733 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1138770733 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $1,920,000
%
Est. Monthly$15,482
Principal & Interest$13,098
Property Tax$2,384
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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246 Gray
West Palm Beach, FL 33405
0 sqft
Gladeport Sub Trs A And B