Tour
$10,000 Closing Credit¹
#RX-11086333, Lola Torocsik, Listing office: The Keyes Company
#RX-11096110·
Listing office: Woyce Realty Investments & Consulting Inc.·
Listing agent: Emanuel Fleurantin·
Listing agent phone: (561) 332-5684·
Listing office phone: (561) 599-3790
$2,399,000 List price
220 Walton Blvd West Palm Beach, FL 33405
$10,000
Closing credit¹
4,540 sqft
$528 / sqft
Multi-Family
Property details
About 220 Walton Blvd
8-unit multifamily just minutes from the beach. 1 Fully updated corner unit with impact windows/doors, and central AC. 4 large 1/1s and 4 standard 1/1s. Current income: $150,600/year, NOI: $97,208, cap rate: 4.99%. Pro forma income: $209,040, NOI: $155,649, cap rate: 6.49%. 3 units vacant and Airbnb-ready; the other 5 are on annual leases. Huge upside by converting corner units to short-term rentals--conservatively projected at $30K/unit annually. Turnkey investment with strong cash flow and Airbnb potential.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air, Electric
Size4,540 sqft
Year built1950
MLS #RX-11096110
Virtual tour
Summary
- Flooring Type: Tile, Vinyl Floor
- Private Pool: No
- Waterfront: None
- Exterior: None
- Heating: Central
- Cooling: Central Air, Electric
- List Price: $2,399,000
- Price/SqFt: $528
- Annual Tax Amount: $36,454
- Tax Year: 2023
- Year Built: 1950
- Stories: 1
- Living Area: 4,540 SqFt
- MLS Number: RX-11096110
- Office Name: Woyce Realty Investments & Consulting Inc.
- Office Phone: (561) 599-3790
- Listing Agent: Emanuel Fleurantin
- Agent Phone: (561) 332-5684
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/16/2025, 10:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,399,000
220 Walton Blvd
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 13, 2023 | Home Sold | $1,950,000 |
| Jun 28, 2021 | Home Sold | $1,050,000 |
| Jun 09, 2016 | Home Sold | $825,000 |
| Nov 28, 2005 | Home Sold | $655,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,717,507 | $36,454 |
| 2022 | $1,525,747 | $33,762 |
| 2021 | $820,796 | $33,762 |
| 2020 | $794,494 | $19,417 |
History based on county public records data.
Nearby schools
4
Belvedere Elementary School
Public District PK-5
1.0 mi
•3000 Parker Ave
5
Palmetto Elementary School
Public Magnet PK-5
1.3 mi
•5801 Parker Ave
6
South Olive Elementary School
Public District PK-5
1.7 mi
•7101 S Olive Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,957. Typical income of West Palm Beach, FL residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
18%
<35k
50%
35k-100k
17%
100k-200k
15%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
67%
Single, No Kids
5%
Single, with Kids
18%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
49%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Live Theatre
Hiking/backpacking
Where do the neighbors shop?
Nordstrom Rack
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
The Cheesecake Factory
Boston Market
Starbucks
What do the neighbors drive?
Volvo
Mercedes
Audi
What do the neighbors listen to?
News
Alternative
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 220 Walton Blvd
The listing price of 220 Walton Blvd property is $2,399,000.
The property 220 Walton Blvd is a multi located in West Palm Beach, Florida, 33405.
Active Listing: 220 Walton Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 220 Walton Blvd are: Belvedere Elementary School (GreatSchools Rating 4/10), Palmetto Elementary School (GreatSchools Rating 5/10), South Olive Elementary School (GreatSchools Rating 6/10), Conniston Community Middle School (GreatSchools Rating 4/10), Renaissance Charter School at Summit (GreatSchools Rating 3/10), Sports Leadership and Management (Slam) Middle School Palm B (GreatSchools Rating 5/10), Forest Hill Community High School (GreatSchools Rating 4/10), Worthington High School (GreatSchools Rating 1/10), Slam Academy High School Palm Beach (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $36,454 (source: MLS/based on county public records data).
The last sale was on April 13, 2023 for $1,950,000 (source: MLS/tax record).
The property 220 Walton Blvd is 4,540 SqFt (source: MLS/tax record).
The year of construction for 220 Walton Blvd is 1950.
This home is located at 220 Walton Blvd in West Palm Beach, FL and zip code 33405 in the Central Park neighborhood. This 4,540 square foot home was built in 1950. Features: 0 bathroom. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $2,399,000.
In May 2025 more than 26 listings in West Palm Beach, FL were sold above the asking price. During the same period more than 47 listings were sold at asking price, while more than 183 were sold below. Between April and May 2025, West Palm Beach, FL real estate market has seen increase in the number of listings by 1.9%. The median list price of listings available in May 2025 was $409,720, while the average time on the real estate market was 66 days.
From Rocket Homes Real Estate and based on county public records data.