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821 9th Street, West Palm Beach, FL – $820,000

  • 6 Beds
  • 3 Baths
  • 2,312 Sqft
  • .17 Acres
  • 6 Beds
  • 3 Baths
  • 2,312 Sqft
  • .17 Acres

821 9th Street

Investor alert! Cash flow on day 1 on this fully rented tri-plex near downtown WPB, close to the tri-rail, shopping, entertainment & beaches! The tri-plex is a total of 6 bedrooms & 3 full bathrooms & is made up of a single family home in the front of the parcel & a duplex in the rear. The single family is unit 3 & it is a 2/1 with its own private driveway parking & also has a new white vinyl fence enclosing a large concrete patio, laundry shed & side yard. The duplex is made up of two 2 bedroom/1 baths & also has its own private parking w/ 2 spaces each. Both buildings were re-roofed only 3 years ago! They are all individually metered & the single family home has a brand new AC & the duplex has 2 AC mini splits that are only 1 year old. All 3 hot water heaters are also only 1 year old!This tri-plex has been well maintained & has all of the hurricane shutters & is CBS construction! The heavy lifting has been done & this investment property is ready to take over & start cash flowing from day one, with room for rent increases! This is also a great opportunity to live in the single family home & rent out the duplex for additional income; so many possibilities! There is also a HUGE new development plan for the area & Vanderbilt University campus has been approved in downtown WPB with classes expected to begin in 2026, which will also drive a high desire & revenue for this area for years to come! Check out the attached articles from the Palm Beach Post titled, Nora District: Five things to know about West Palm Beach's newest neighborhood & The Real Deal Real Estate News titled Vanderbilt scores approval for $520M West Palm Beach campus; for more information on the up & coming development in the area! This is the investment property you have been looking for!

Essential Information

  • MLS® #RX-10992224
  • Price$820,000
  • Bedrooms6
  • Bathrooms3.00
  • Full Baths3
  • Square Footage2,312
  • Acres0.17
  • Year Built1955
  • TypeMulti-Family
  • Sub-TypeTriplex
  • StyleNo
  • StatusActive

Community Information

  • Address821 9th Street
  • Area4430
  • SubdivisionFRESHWATER ADD TO WPB
  • CityWest Palm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33401

Amenities

  • WaterfrontNone

Utilities

3-Phase Electric, Public Sewer, Public Water

Interior

  • HeatingElectric
  • CoolingCentral
  • # of Stories1

Exterior

  • Lot Description< 1/4 Acre
  • RoofMixed
  • ConstructionBlock, CBS, Concrete

Exterior Features

Exterior W/D Hookup, Fence, Open Patio, Shutters

Additional Information

  • Listing Courtesy ofPartnership Realty Inc.
  • Date ListedJune 1st, 2024
  • ZoningNWD-R-C1
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Price Change History for 821 9th Street, West Palm Beach, FL (MLS® #RX-10992224)

Date Details Change
Price Reduced from $849,000 to $820,000 $29,000 (3.42%)
Price Reduced from $885,000 to $849,000 $36,000 (4.07%)

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