638 50TH Street, West Palm Beach, FL 33407

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Sold Price
$470,000
List Price
$510,000
Days on Market
17
Closing Date
Sep 23, 2026
MLS#
B26067277
Sq. Ft
1,952
Subtype
Triplex
County
Palm Beach
Subdivision
North Palm Bch 4
Year Built
1936

Property Description

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.

Additional Information

Pets Allowed
No Pet Restrictions, Yes
Construction
Frame
Cooling
Wall/Window Unit(s)
Flooring
Tile
Heating
Wall Furnace
Restrict
NoRestrictions, OkToLease
Roof
Composition, Shingle
Taxes
$6,393
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Stories
1
Acres
0.24
Price Per Sqft
$240
Elementary School
West Riviera
Middle School
John F. Kennedy (Palm Beach)
High School
Palm Beach Lakes

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Home Sold Realty LLC. Contact:

Selling Office: Northwood Realty LLC.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Camilo De la Cruz Perez | Email: homesoldrealty@gmail.com