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3300 Broadway, West Palm Beach, FL

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3300 Broadway

West Palm Beach, FL 33407-4838 - Northwood MF Submarket

Property Type:Multi-Family Number of Units:17 Status:Existing Year Built:1953
Stories:1 Building Size:4,890 SF Land Area:.29 AC (12,502 SF)
For Sale Price:$850,000 Price/Unit:$50,000.00 Cap Rate:8.39 % GRM:-

Portfolio:This property is for sale (for $1,500,000) as part of a portfolio of 2 properties.

Sale Notes:
Featuring a host of updates (including new roofs) and a central location convenient to Downtown West Palm, area beaches, and all major local employment and commerce hubs, this 16 unit group of updated and stabilized units presents an excellent opportunity for the multifamily investor. With an easily lease-able unit mix featuring spacious efficiency units nearly all renovated with tenants on long term leases, 3300 Broadway brings to bear strong cash flow and excellent long term upside as an investment property.

The Goldstein Group
Valerie Enlow
(561) 310-0935

Martin Goldstein
(561) 310-0935

Russell Goldstein
(561) 503-3648

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