3307 Windsor Ave - Multi-Family FOR SALE


West Palm Beach, FL 33407- Northwood
$2,795,000 USD
954-501-5020
3307 Windsor Ave, West Palm Beach, FL for Sale
$2,795,000 USD
Multi-Family - FOR SALE
1/14
null | 7.21% Cap Rate

3307 Windsor Ave
West Palm Beach, FL 33407
Northwood


HIGHLIGHTS

  • Brand New Roofs (Currently Being Installed)
  • Predominately Section 8 Tenants Providing Guaranteed Income
  • All 2 Bedroom Floorplans
  • 1972 Concrete Block Construction
  • Located Just Minutes From Downtown West Palm Beach

OVERVIEW

Marcus & Millichap is pleased to present Windsor Apartments, a stabilized 12-unit multifamily property located at 3307 Windsor Avenue in West Palm Beach, Florida. The property consists of four buildings totaling 7,800 gross square feet, situated on a 0.57-acre parcel. Built in 1972, Windsor Apartments features all new roofs, reducing near-term capital expenditure requirements. The unit mix is comprised of twelve (12) two-bedroom/one-bathroom apartments, each averaging 650 square feet. Half of the units are equipped with central air conditioning, while the remaining units utilize wall-mounted systems. The property is currently stabilized with Section 8 tenants, providing ownership with consistent, government-backed rental income. Ideally positioned in West Palm Beach, the property benefits from proximity to Downtown, major employment hubs, and key amenities including Palm Beach International Airport, St. Mary’s Medical Center, and local retail corridors. The area continues to see redevelopment and investment, fueling long-term demand for workforce and affordable housing. With its stable Section 8 tenancy, recent capital improvements, and strategic location, Windsor Apartments represents a reliable investment opportunity with steady cash flow and minimal immediate capital needs.

FOR SALE DETAILS

PRICE

$2,795,000 USD

PRICE/SF

$358 USD /SF

# OF UNITS

12

PRICE/UNIT

$232,917

CAP RATE

7.21%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Windsor Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,062 SF

ZONING

-

APN/PARCEL ID

74-43-43-09-05-069-0180

ASK ABOUT THIS PROPERTY

Daniel CunninghamMarcus & MillichapMore Info
954-501-5020

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Daniel CunninghamMarcus & MillichapMore Info
954-501-5020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.