$900,000
West Palm Beach, FL 33401
MLS# B26009235
3499 sqft
1 / 16
Property Description
EXCEPTIONAL OPPORTUNITY to acquire this 7.6% + CAP RATE NWD Zoning (Can build another story! )TURNKEY 4 UNIT income-producing property located in the path of progress, just steps from the $1 Billion NORA development, which is now OPEN! The property is also steps away from City Place, the Bright Line, and minutes from ocean beaches, Worth Avenue, and PBI Airport . Three structures featuring FOUR approved rental units: the main house has a 3 BR/ 1.5 BA unit, & a 5BR /2BA unit; a 1BR/ 1BA Guest House; and a Studio/1 BA cottage. This 6,534 SF lot enjoys NWD zoning. New Roof 2022, renovations in 2023. Offered TURNKEY & FURNISHED. Please do not disturb the tenants. Financials & Zoning info in Documents, reach out for videos and with any questions.
Details
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Contract Date: 2026-03-31
Status: Active
Original List Price: 900000
List Price: $900,000
Current Price: $900,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
Geographic Area: PB20
Special Assessment YN: No
Country: United States
Street Number: 904
Street Name: 4th
Street Suffix: Street
State Or Province: FL
Postal Code: 33401
Subdivision Name: CLOWS
Area: 5420
Elementary School: Roosevelt
Middle Or Junior School: Conniston Community
High School: Forest Hill
Parcel Number: 74434321060230020
Zoning: NWD-R
Directions: Head north on N Quadrille Blvd then turn right onto Palm Beach Lakes Blvd and continue east for about a mile. Turn left onto N Dixie Hwy (US-1), head north briefly, then make a right onto 4th Street. Continue to 904 4th Street, which will be on your right
General Property Information
Number Of Units Total: 4
Living Area Main: 3430
Living Area Source: Public Records
Lot Size Dimensions: 50.0 ft x 131.0 ft
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 0
Lot Size Area: 6550
Senior Community YN: No
Outdoor Living Spaces YN: No
Stories Total: 2
Stories: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 3499
Building Area Source: Public Records
Year Built: 1925
Lot Size Acres: 0.15
Financial Information
Application Required YN: Yes
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 9848
Tax Year: 2025
Tax Legal Description: CLOWS ADDITION LT 2 BLK 23
Office/Member Information
DXORIGMLSID: RML
Application Fee Details
Application Fee Required: Yes
Application Fee: 85
Application Information
Unknown: 1
Electric
Three Phase: 1
Exterior Features
None: 1
Flooring
Ceramic Tile: 1
Tile: 1
Wood: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Co-Ownership
Property Management YN: Yes
Property Management Name: Ibero Property Management
Property Management Phone: 561-420-0640
Property Management Email: info@iberopropertymgmt.com
Documents Available
Copy Of Lease(s): 1
Fencing
Fenced: 1
Front Yard: 1
Full: 1
Gate: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Separate Electric Meters: 4
Structure Type
Quadruplex: 1
Tenant Pays
Electricity: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Phone Available: 1
Water Available: 1
Heating
Other: 1
Water Access
None: 1
Construction Materials
CBS: 1
Stucco: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Other Equipment
Satellite Dish: 1
Roof
Other: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 25134
Gross Income: 99000
Net Operating Income: 71864
Source Of Expenses
Owner Provided: 1
Boat and Dock Information
Dock: No
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Showing Requirements
Combination Lock Box: 1
Lockbox: 1
Schedule Online: 1
See Remarks: 1
Main Living Area
Entry Level: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Number Limit: 1
Pet Details
Pet Fee YN: No
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Showing Considerations
See Remarks: 1
Showing Details
Pet(s) on Premises: No
Showing Contact Phone: (561) 232 - 2848
Showing Instructions: See remarks
Unit 1 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Other: 1
Unit 1 Details
Actual Rent: 2300
Baths Full: 1
Baths Half: 1
Beds Total: 3
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No
SqFt: 1100
Unit 1 Lease Description
Currently Leased YN: No
Unit 1 Other Equipment
Smoke Detector(s): 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Laundry Room: 1
Unit 2 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 3150
Baths Full: 1
Baths Half: 1
Beds Total: 5
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No
SqFt: 1650
Unit 2 Lease Description
Currently Leased YN: No
Unit 2 Other Equipment
Smoke Detector(s): 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Open Parking: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Appliances
Refrigerator: 1
Unit 3 Details
Actual Rent: 1600
Baths Full: 1
Beds Total: 1
Furnished: Furnished
SqFt: 456
Unit 3 Lease Description
Currently Leased YN: No
Unit 3 Parking Details
Carport YN: No
Garage YN: No
Unit 3 Parking Features
Open Parking: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 4 Details
Actual Rent: 1000
Baths Full: 1
Efficiency YN: Yes
Furnished: Furnished
SqFt: 216
Unit 4 Parking Details
Carport YN: No
Garage YN: No
Unit 4 Parking Features
Open Parking: 1
Unit 4 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 257.21
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-03-31T18:43:37Z
Major Change Type: New Listing
Status Change Date: 2026-03-31
Originating Details
Originating System Key: 20260327203740105592000000
Originating System ID: M00000170
Property Features
Application Information: Unknown
Documents Available: Copy Of Lease(s)
Electric: Three Phase
Exterior Features: None
Fencing: Fenced; Front Yard; Full; Gate
Flooring: Ceramic Tile; Tile; Wood
Property Condition: Resale
Special Listing Conditions: Standard
Structure Type: Quadruplex
Tenant Pays: Electricity
Source Of Expenses: Owner Provided
Construction Materials: CBS; Stucco
Cooling: Central Air; Wall/Window Unit(s)
Heating: Other
Levels: Two
Listing Terms: Cash; Conventional
Main Living Area: Entry Level
Other Equipment: Satellite Dish
Pets Allowed YN: Yes
Pets Allowed: Number Limit
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Other
Sewer: Public Sewer
Storm Protection Details: None
Tax Information: City/County
Utilities: Cable Available; Electricity Connected; Phone Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: Combination Lock Box; Lockbox; Schedule Online; See Remarks
Showing Considerations: See Remarks
Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer; Other
Unit 1 Other Equipment: Smoke Detector(s)
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen; Laundry Room
Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 2 Other Equipment: Smoke Detector(s)
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Kitchen
Unit 3 Appliances: Refrigerator
Unit 3 Parking Features: Open Parking
Unit 3 Rooms: Kitchen
Unit 4 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 4 Parking Features: Open Parking
Unit 4 Rooms: Kitchen
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Listing Office: KW Reserve Business Brokerage LLC
Last Updated: March - 31 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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