Address Withheld By Seller, West Palm Beach, FL 33405

Local realty services provided by:CENTURY 21 Move With Us
Address Withheld By Seller,West Palm Beach, FL 33405
$2,450,000
  • - Beds
  • - Baths
  • 4,756 sq. ft.
  • Multi-family
  • Active
Listed by: amir korek
Office: landrich real estate, inc.
MLS#:B26073855
Source:FL_RAMC

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Price summary

  • Price:$2,450,000
  • Price per sq. ft.:$515.14

About this home

Rare 8-unit multifamily investment opportunity at 211 & 215 Malverne Rd in West Palm Beach. The 4,756 SF property features six 1-bedroom/1-bath units and two 2-bedroom/1-bath units, plus on-site laundry, tropical landscaping, paver walkways and a charming courtyard with fountain. Current gross rental income is $153,720 annually, with pro forma gross income of $165,120. Zoned MF20 - Multifamily Medium Density. Ideally located just one block from the Intracoastal Waterway and Flagler Drive, near Palm Beach, Downtown West Palm Beach, Clematis Street, Norton Museum, Antique Row, beaches, shopping and I-95. Roof replaced in 2014. Excellent investment opportunity in a highly desirable location. PLEASE DO NOT WALK THE PROPERTY OR DISTURB TENANTS.

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Home facts

  • Year built:1955
  • Subdivision & Development:ESTATES OF SOUTH PALM BEACH
  • Listing ID #:B26073855
  • Added:1 day(s) ago
  • Updated:September 10, 2026 at 03:37 PM

Rooms and interior

  • Flooring:Ceramic Tile, Tile
  • Living area:4,756 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1955
  • Building area:4,756 sq. ft.
  • Exterior Features:Sprinkler Irrigation

Schools

  • High school:Forest Hill Community
  • Middle school:Conniston
  • Elementary school:South Olive

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$2,450,000
  • Price per sq. ft.:$515.14
  • Tax amount:$20,754 (2025)
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