Palm Beach County Real Estate Search

Palm Beach County Multi-Family Properties for Sale

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Newest Palm Beach County Multi-Family Homes for Sale

$849,900
B26022595 MLS
Fall in love with this unique duplex located just minutes from the ocean. Enjoy the evening ocean breeze and the relaxed South Florida lifestyle, with the added bonus of a rooftop deck perfect for unwinding at sunset. This property offers an excellent opportunity for both homeowners and investors. It consists of two separate living spaces, including a spacious 2-bedroom, 2-bath unit with comfortable living areas and natural light, as well as a private studio apartment with a full kitchen and full bathroom. This flexible setup allows for the option to live in one unit while renting the other or to use both as income-producing rentals. The property features hurricane impact windows throughout, a newer A/C system and a roof that has been resealed. It is located in a highly desirable coastal area with strong rental demand and excellent income potential. The property comes fully furnished and turnkey, making it move-in or rental-ready from day one. Nearby, residents can enjoy Boynton Beach Oceanfront Park with its beach access and ocean views, waterfront dining at Two Georges Waterfront Grill, the restaurants and nightlife of Atlantic Avenue in Delray Beach, boating and fishing at Boynton Inlet, shopping and entertainment at Renaissance Commons, nature trails at Green Cay Nature Center and Wetlands, and the arts, festivals, and weekend markets of downtown Delray Beach. This is a versatile property in a sought-after location offering both lifestyle appeal and strong investment value.

14 South Lane, Boynton Beach

$419,000
2 Baths R11169387 MLS
**Terms:** Cash, Conventional, or Seller Financing. **Seller Financing Available:** 15% down payment, 6.5% interest rate, amortized over 30 years with a negotiable balloon payment. Additional terms may apply. **Offer Guidelines:** Large escrow deposit preferred. Financing contingency includes 20-day loan approval, appraisal completed within 14 days, and a 5-day inspection period. Well-maintained CBS duplex investment property featuring two 2-bedroom, 1-bath units with separate electric and water meters and four total parking spaces (two per unit). *see supplement remarks and mls documents* The property is fully leased with stable rental income: • Unit #1: $1,500/month (lease expires 1/1/2027) • Unit #2: $1,691/month (lease expires 11/1/2026) **Total Gross Rental Income:** $3,191/month ($38,292 annually). Security deposits are held by the landlord, and rent is due on the 1st of each month. Property features a 2019 roof, updated windows, and a brand-new central A/C system in Unit #1. Age of the A/C system in Unit #2 is unknown. The windows have been updated but are not impact-rated. Both units include washer/dryer hookups, assigned parking, and separate electric and water meters, helping minimize landlord utility expenses. Approximate annual expenses include insurance of $8,000 per year and lawn maintenance of approximately $500 per year. The property requires minimal exterior maintenance. **See attached documents in the listing for leases, income information, expense details, and additional property information.** This reads well for investors because it highlights the separate meters, low-maintenance nature of the property, and provides enough expense information to start evaluating cash flow.

940 W 36th Street Unit #1, Riviera Beach

$13,995,000
B26037148 MLS
Presenting a unique opportunity to acquire Bella Villaggio, a sixteen (16) unit luxury townhome complex located in the heart of Tequesta, Florida. Built in 2017, these townhomes were meticulously constructed with attention to detail and high end finishes (these units were originally built to be sold to individual buyers). Bella Villaggio is the most luxurious townhome community you can acquire in its entirety anywhere in Palm Beach County. The oversized units average over 2,000 air-conditioned square feet. In addition, every unit includes a two-car garage, designated driveway, and each unit has its own private rooftop deck. The property is available below replacement cost. Between land, hard and soft costs, high-end new townhome development is well over $500 per square foot and Bella Villaggio is being offered at an attractive price of less than $435 per square foot. The complex consist of three separate buildings, A, B, and C. Buildings A and B include five (5) townhomes each for a total of ten and they each feature the larger floor plans, which are all 4 BD, 3BA townhomes with the corner units boasting 2,198 Living SF and the interior units with 2,210 Living SF. Building C ion the north side of the complex consists of six (6) 3BD, 2.5BA townhomes with the corner units featuring 1,733 Living SF and the interior units with 1,696 Living SF. The entire complex has 32,302 Living SF between all sixteen townhomes and 70+ total parking spaces, which makes this the ideal rental community capable of comfortably housing numerous types of tenants. The seller owns 100% of the complex so this is not considered a "fractured" condo sale. The townhomes are separately deeded (sixteen different folio numbers) which provides flexibility to rent the units out short term, long term, and/or sell each townhome at any given time. There are high-end finishes throughout the townhomes that are representative of a high-end, new construction townhome community being marketed to end users. Every unit features fully plumbed natural gas, 10-foot high ceilings, stainless steel JennAir appliances, quartz countertops with porcelain backsplashes, metal roofs, complete hurricane impact windows and doors, gas powered tankless water heaters, two car garages with private driveways, and rooftop decks overlooking the gorgeous scenery. Several scenarios are available to buyers including, but not limited to, the following; 1) Traditional rentals - These uniquely positioned townhomes attract various tenant types due to the highly desired location and the opportunity to reside in a high-end product at a reasonable rental rate. 2) Short Term Rentals (Airbnb) - The property is zoned "R-2" which allows for short-term rentals aka vacation rentals. Property owners must obtain a vacation rental permit from the Village of Tequesta Building Department prior to the commencement of any vacation rentals. 3) Individual Unit Sales - All sixteen townhomes are separately deeded and each unit has an individual parcel control number, allowing for individual townhome sales to end users, without having to condominiumize the complex prior to marketing these units to end users and buyers. Do not miss your opportunity to own one of the hidden gems in Palm Beach County at a price that sits well below current replacement cost.

3770 County Line Road, Tequesta

$1,999,999
4 Baths R11076354 MLS
What an AMAZING OPPORTUNITY! Seize this exceptional chance to own a multifamily quadplex in the exclusive and rapidly growing Ocean Ridge neighborhood, situated east of A1A and less than a minute's walk from deeded beach access. This multifamily quadplex presents an exceptional income-generating opportunity, is ideal for investors looking to capitalize on short term, seasonal and long-term rental demand. Situated on approximately 65' x 137' lot, this 2,700 sq. ft. quadplex, consists of four spacious 1-bedroom, 1-bathroom units, each offering a comfortable coastal retreat. 1 unit can be converted to a very spacious 2 bedroom, 1 bath unit. Unit 4 currently has an annual lease in place with tenant's paying $3,250 per month. Unit 3 currently has an annual lease in place with tenant paying $2,025 per month. New Upgrades include: Recently installed new roof (2025), impact-resistant windows and doors. All four units have been tastefully updated. Kitchens with white quartz countertops, white shaker cabinets, and stainless-steel appliances. Renovated and updated baths in all four units. Terrazzo floors in unit 4 and new vinyl flooring throughout the remaining 3 units. The property is zoned RMM Medium Density Residential, allowing for single-family and multifamilydevelopment offering potential for future expansion or redevelopment. Unbeatable Location: Less than a minute's walk to the beach, bike trails, and scenic oceanfront roads. High Rental Demand: Strong monthly, seasonal, and annual rental potential due to its prime location. Conveniently close to Downtown Delray Beach, residents enjoy easy access to top-tier dining, shopping, and entertainment. Whether you're looking to enhance your investment portfolio or create a bespoke coastal retreat, this property offers unmatched potential for income generation and future development. Don't miss out on this rare opportunity. Schedule your private showing today.

18 Adams Road, Ocean Ridge

$1,895,000
4 Baths R11159002 MLS
Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and BBQ grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex with no rental restrictions can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and BBQ grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Roof 2015. Air conditioning units are 2 years old. Appliances are brand new. 7 Fayette East: FORNO Espresso Package - 30" Induction Range, Refrigerator and Dishwasher in White with Antique Brass. FORNO Espresso Capoliveri 24" 1.2 cu. ft. Built-In Microwave Drawer in White with Antique Brass Handles 7 Fayette West: Samsung oven, Frigidaire cooktop, Whirlpool refrigerator. Smart TVs. Washer and dryer in each unit. In the event this Property is placed under contract with no contingencies and the Contract subsequently terminates or expires for any reason other than a Seller default, and the Seller and/or the Seller's Listing Broker is entitled to receive and/or retain the Earnest Money Deposit as liquidated damages, then unless expressly stated otherwise in the governing Contract, Buyer's broker/agent shall not be entitled to, nor receive, any portion of the Earnest Money Deposit retained by Seller and/or Seller's Listing Broker.

7 Fayette Drive, Ocean Ridge

$550,000
B26026108 MLS
This income-producing duplex presents a fantastic opportunity for both investors and owner-occupants seeking flexibility, space, and long-term potential in a convenient West Palm Beach location. Situated on a generously sized lot with ample parking and outdoor space, this property features two separate units—4727 and 4729 Myrtle Lane—each offering comfortable layouts, updated features, and private entrances. Unit 4729 is currently tenant-occupied, providing immediate rental income potential. Continuation.... Inside, you'll find bright and functional open-concept living and dining areas with neutral tile flooring throughout, recessed lighting, and a seamless flow perfect for everyday living and entertaining. The updated kitchens feature granite countertops, rich wood cabinetry, stainless steel appliances, modern fixtures, and plenty of cabinet and prep space, creating a stylish yet practical environment for cooking and gathering. The property offers spacious bedrooms and well-appointed bathrooms, making each unit comfortable for tenants or extended family living arrangements. Large windows throughout provide excellent natural light, while the practical floor plans maximize usable living space. The expansive backyard offers additional outdoor potential with room for entertaining, relaxing, or future enhancements. Whether you're looking to expand your rental portfolio, generate passive income, or live in one unit while renting the other, this duplex delivers versatility and value. Conveniently located near major roads, shopping, dining, schools, and local amenities, the property offers easy access to everything West Palm Beach has to offer. Property features include: Duplex with two separate units: 4727 & 4729 Myrtle Lane Unit 4729 currently tenant-occupied Spacious living and dining areas Updated kitchens with granite countertops Stainless steel appliances Tile flooring throughout Recessed lighting Large backyard and outdoor space Ample parking Excellent investment or owner-occupant opportunity A rare chance to own a multi-unit property with strong income potential, functional layouts, and desirable upgrades in a growing West Palm Beach location.

4727 Myrtle Lane, West Palm Beach

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