904 4th Street, West Palm Beach, FL 33401
$945,000
Property Type:
Residential Income
Square Footage:
3,430
Status:
Active
Current Price:
$945,000
Last Modified:
11/22/2025
Description
EXCEPTIONAL OPPORTUNITY to acquire this 7.6% + CAP RATE NWD Zoning (Can build another story! )TURNKEY 3 UNIT income-producing property( approved for 4 rental units ) 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.
Supplements: The owner pays all utilities except for electric for the cottage ( 908 4th) , that has its own meter. For the 2 units in the main house, they are charged for electric. The 1/1 in the back has electric included. Street and alley parking New AC 2022 New Water Heater 2022 New Roof 2022 except cottage
More Information MLS# RX-11073730
Contract Information
Auction: No
List Price/SqFt: 275.51
Negotiable Seller Concessions YN: Yes
Listing Date: 2025-03-20
Status: Active
Original List Price: 995000
List Price: $945,000
Current Price: $945,000
General Property Description
Structure Type: Quadruplex
Total # of Units: 4
Property Condition: Resale
Lot Dimensions: 50.0 ft x 131.0 ft
Number of Stories: 2
SqFt - Total: 3499
Waterfront: No
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Pets on Premises: No
HOA/POA/COA (Monthly): 0
Application Fee: 0
Private Pool: No
Separate Elec Meters: Yes
Separate Wtr Meters: No
Type: Quad Plex
Year Built: 1925
SqFt - Living: 3430
Subdivision: CLOWS
Lot SqFt: 6550
Location, Tax & Legal
Geo Area: PB20
Country: United States
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2024
Zoning: NWD-R
Short Sale A/U: N/A
Short Sale Addendum: No
Taxes: 8734.18
Special Assessment: No
REO: No
Area: 5420
County: Palm Beach
Parcel ID: 74434321060230020
Street #: 904
Street Name: 4th
Street Suffix: Street
Zip Code: 33401
Legal Desc: CLOWS ADDITION LT 2 BLK 23
Geo Lat: 26.716942
Geo Lon: -80.060995
Office/Member Info
DXORIGMLNO: RX-11073730
DXORIGMLSID: RML
Unit 1 Info
Bedrooms: 3
Full Bath: 1
Half Bath: 1
Furnished: Yes
SqFt: 1100
Monthly Income: 2300
Lease Ends: 2026-02-16
Unit 2 Info
Bedrooms: 5
Full Bath: 2
Furnished: Yes
SqFt: 1650
Monthly Income: 3150
Unit 3 Info
Bedrooms: 1
Full Bath: 1
Furnished: Yes
SqFt: 456
Monthly Income: 1600
Unit 4 Info
Efficiency: 1
Full Bath: 1
Furnished: Yes
SqFt: 216
Monthly Income: 1000
Income & Expenses
Gross Operating Inc: 99000
Source of Expenses
Owner: 1
Avail Info
Leases: 1
Construction
CBS: 1
Waterfront Details
None: 1
Lot Description
< 1/4 Acre: 1
Cooling
Central: 1
Unit 1 Desc
Electric Meter: 1
Heating
Other: 1
Tenant Pays
Electric: 1
Exterior Features
None: 1
Unit 1 Parking
Open Parking: 1
Unit 2 Desc
Electric Meter: 1
Flooring
Ceramic Tile: 1
Unit 2 Parking
Open Parking: 1
Utilities
Electric: 1
Public Water: 1
Unit 3 Desc
Electric Meter: 1
Unit 3 Parking
Open Parking: 1
Unit 4 Desc
Electric Meter: 1
Unit 4 Parking
Open Parking: 1
Restrict
Lease OK: 1
Roof
Other: 1
Subdiv. Amenities
Sidewalks: 1
Terms Considered
Cash: 1
Conventional: 1
Possession
At Closing: 1
Showing Instructions
Text Listing Agent: 1
Storm Protection
None: 1
Taxes
City/County: 1
Income Expenses
Annual Total Expense: 25134
Annual Net Oper Inc: 71864
Property Features
Unit 4 Info: Efficiency
Source of Expenses: Owner
Construction: CBS
Waterfront Details: None
Unit 1 Desc: Electric Meter
Unit 1 Parking: Open Parking
Unit 2 Desc: Electric Meter
Unit 2 Parking: Open Parking
Unit 3 Desc: Electric Meter
Unit 3 Parking: Open Parking
Unit 4 Desc: Electric Meter
Unit 4 Parking: Open Parking
Lot Description: < 1/4 Acre
Exterior Features: None
Tenant Pays: Electric
Restrict: Lease OK
Flooring: Ceramic Tile
Cooling: Central
Heating: Other
Roof: Other
Terms Considered: Cash; Conventional
Utilities: Public Water
Storm Protection: None
Taxes: City/County
Avail Info: Leases
Possession: At Closing
Showing Instructions: Text Listing Agent
Documents
Zoning Information ›
Listing Office:
Douglas Elliman
Last Updated: November - 22 - 2025
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