638 50TH Street, West Palm Beach, FL 33407
Listing Snapshot
| List Price | $510,000 |
| Price / Sq Ft | $261 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 1,952 sqft |
| Lot Size | 0.24 acres |
| Year Built | 1936 |
| Property Tax | $6,393.65/yr |
| MLS # | 1183941083 |
| Status | Active |
About This Home
Rare opportunity to acquire a 3-unit multifamily property located at 638 50th Street in West Palm Beach generating $4,950 per month in rental income ($59,400 annually). Built in 1936, the property consists of two buildings totaling 2,868 gross SF on a 0.24-acre lot. The unit mix includes three 2-bedroom/1-bathroom units averaging approximately 651 rentable SF, with wood frame construction, pitched composite shingle roofs, and window-unit A/Cs. Conveniently located near I-95, Downtown West Palm Beach, Palm Beach Island, St. Mary's Medical Center, and the Northwood district. An attractive opportunity for investors seeking immediate in-place income in a growing West Palm Beach rental market.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Triplex
- Stories
- 1
- Parking Spaces
- 2
- Zoning
- SF7 (city)
- Utilities
- CableConnected,ElectricityConnected,SewerConnected,WaterConnected
- Subdivision
- NORTH PALM BCH 4
Interior Features
- Flooring
- Tile
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
- Window Features
- Metal,SingleHung
Exterior Features
- Construction
- Frame
- Exterior Features
- OutdoorLivingArea,Other,Porch
- Roof
- Composition,Shingle
- Lot Features
- LessThanQuarterAcre
- Patio / Porch
- Porch,Screened
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 5420
Schools
Map
Virtual Tour
View Virtual TourMLS# 1183941083 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
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Estimate Your Payment
20% down · Loan: $408,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.