- MLS#: R11059307 ( Residential Income )
- Street Address: 805 20th Street A,b,c
- Viewed: 36
- Price: $700,000
- Price sqft: $238
- Waterfront: No
- Year Built: 1929
- Bldg sqft: 2944
- Total Baths: 4
- Days On Market: 352
- Additional Information
- Geolocation: 27 / -80
- County: PALM BEACH
- City: West Palm Beach
- Zipcode: 33407
- Subdivision: Washington Heights
- Provided by: The Keyes Company
- DMCA Notice
Nearby Subdivisions
Bethesda Park
Cerda Sub
Coleman Park
Flagler Lane
Gale Lake Worth 1 Reamnded
Gallaghers Resub
Gramercy Park
Gramercy Park Unit 01
Gramercy Park Unit 02
Gramercy Park Unit 2
Gramercy Park Unit 4
Ingham Shores
Knowles Court
Knowles Court Amnded
Lakeside Court
Merry Place
Metcalfs
N/a
None
North Palm Bch 1
North Palm Bch 2
North Palm Bch 3
North Palm Bch 4
North Palm Bch Pl 2
North Palm Beach
North Palm Beach 02
North Palm Beach 04
North Palm Beach Pl 1
North Shore Terrace 1
North Shore Terrace 2
North Shore Terrace 3
North Shore Terrace Pl 2
North Shore Terrace Pl No 1
Northmore
Northmore Add
Northwood
Northwood Add
Northwood Add 05
Northwood Add In Pb 8 Pgs 47 &
Northwood Add Lt 29 Blk 37
Northwood Addition
Northwood Hills Historic Distr
Northwood Historic District
Northwood Shores
Not Applicable
Old Northwood
Old Northwood Historic Distric
Palm Beach House Condo
Palm Beach Lakes North 01
Palm Beach Lakes North 1
Park West
Pleasant City
Pleasant City Up To Date Add
Tamarind Park
Up To Date Add
Village Of Sandalwood Lakes 2
Washington Heights
Washington Hgts In
Westfield
Westfield At West Palm Be
Westfield At Wpb
Westfield At Wpb Blks 6 To 9 O
Westfield Repl In
PRICED AT ONLY: $700,000
Address: 805 20th Street A,b,c, West Palm Beach, FL 33407
Would you like to sell your home before you purchase this one?
Description
Seller Financing Available 30% Down, 10% Interest! 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 and a 3/1 downstairs. All tenants are currently on month to month leases, creating flexibility for rental increases or future redevelopment. Current total rent is $5,925/mo with upside to $8,310+/mo. Front home features A/C (2018), water heater (2014). Rear units include newer wall A/Cs and water heater (2016). Below market rents provide built in value add. Drive by onlyplease do not disturb tenants. All tenants are currently Month to Month. 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.
Property Location and Similar Properties
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Building and Construction
- Flooring: Vinyl
- Roof: Composition
Eco-Communities
- Water Source: Public
Utilities
- Cooling: Central Air, Wall/Window Unit(s)
- Electric: Three Phase
- Heating: Central, Window/Wall
- Utilities: Water Available
Amenities
- Association Amenities: Park
Finance and Tax Information
- Tax Year: 2024
Rental Information
- Tenant Pays: Cable TV, Electricity
Other Features
- Legal Description: WASHINGTON HGTS LOT 19 BLK 6
- Parcel Number: 74434316100060190
- Unit Number: A, B, C
- Views: 36
- Zoning Code: SF11(c



