904 4th Street

West Palm Beach, FL 33401

EXCEPTIONAL OPPORTUNITY to acquire this 7.6% + CAP RATE NWD Zoning (Can build another story! )TURNKEY 3 UNIT income-producing property( approved for 4 rental units ) located in the path of progress, just steps from the $1 Billion NORA development, which is now OPEN! The property is also steps away from City Place, the Bright Line, and minutes from ocean beaches, Worth Avenue, and PBI Airport . Three structures featuring FOUR approved rental units: the main house has a 3 BR/ 1.5 BA unit, & a 5BR /2BA unit; a 1BR/ 1BA Guest House; and a Studio/1 BA cottage. This 6,534 SF lot enjoys NWD zoning. New Roof 2022, renovations in 2023. Offered TURNKEY & FURNISHED. Please do not disturb the tenants. Financials & Zoning info in Documents, reach out for videos and with any questions. The owner pays all utilities except for electric for the cottage ( 908 4th) , that has its own meter. For the 2 units in the main house, they are charged for electric. The 1/1 in the back has electric included. Street and alley parking New AC 2022 New Water Heater 2022 New Roof 2022 except cottage

Listing courtesy of Douglas Elliman



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Last checked: 2026-02-21 03:25 AM UTC