805 20th Street, #A,b,c, West Palm Beach, FL, 33407 | $700,000

Rare investment opportunity with a front single-family home (3/1, approx. 1, 600 SF) and a two-story duplex in the rear. Duplex includes a 4/2 upstairs $2, 000 per month lease expires 6/30/27. 3/1 downstairs $1, 800 until April 2027. Front house leased for $2, 400 month-to-month creating flexibility for rental increases or future redevelopment. Total rents up to $6, 200 or more. Front home features A/C (2018), . Rear units include newer wall A/Cs and water heater (2016). Below-market rents provide built-in value-add. Drive-by only--please do not disturb tenants. According to the West Palm Housing Authority, market rates for a 3-bedroom unit are $2, 590 and for a 4-bedroom unit are $3, 130. Additional Features: Utilities: Three separate electric meters, one shared water meter (average $300 per month) Lawn care: Approximately $60 per month Investment Highlights: Immediate Upside: Rents are currently below market, with the opportunity to increase to align with West Palm Housing Authority rates, totaling $8, 310 per month across all units. Strong Rental Demand: Close to employment hubs, Clematis Street, and major transit routes including I-95, Brightline, and Palm Beach International Airport. Area Revitalization: Northwood is undergoing significant redevelopment, leading to increasing property values and rental demand. Strategic Location: Steps from the Northwood Historic District, 1. 8 miles from downtown West Palm Beach, and minutes from the Intracoastal. Why Invest Here? This property offers strong rental income potential, a prime location, and long-term appreciation, making it an excellent investment for steady cash flow and future growth. Whether you are looking to maximize rental income or owner-occupy a unit, this opportunity provides flexibility and potential in one of South Florida's most promising markets.

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