How much do investment & multifamily properties cost in West Palm Beach?

The 35 investment & multifamily properties for sale in West Palm Beach on this page ask from $169,900 to $4,500,000, a median of $699,500 or about $377 per square foot, from BeachesMLS listings as of November 8, 2026. 14 are under $600,000, 10 are between $600,000 and $900,000 and 11 are at $900,000 and up. Asking prices are not sale prices: the West Palm Beach housing market report shows what homes closed for.

How many investment & multifamily properties are for sale in West Palm Beach right now?

35 investment & multifamily properties are listed for sale in West Palm Beach as of November 8, 2026, and the typical one has been on the market 42 days; 12 of them have cut the asking price since listing. The list refreshes from the MLS through the day, and the alert on this page sends each new one the day it lists.

Which West Palm Beach communities have investment & multifamily properties for sale?

Northwood (3, median $699,500), Washington Heights (3, median $649,000), Freshwater 11th & 12th Ave (2, median $850,000), Lakeview Ridge (2, median $962,500), North Palm Bch 1 (2, median $1,747,000) and Unincorporated (2, median $792,450) hold the most investment & multifamily properties for sale in West Palm Beach today. The rest are spread across 20 more communities.

West Palm Beach Investment Properties & Multifamily for Sale

The best West Palm Beach investment decision starts before you buy.

Live BeachesMLS listings matching this search in West Palm Beach, Florida, updated throughout the day.

Investors in West Palm Beach are buying the demand that the downtown office market created. Small multifamily and duplexes sit on the older streets west of Dixie Highway and north toward Northwood, close to the jobs and to Palm Beach Atlantic University, and renovation there drives the return more than the rent in place does. Downtown and Flagler Drive condos are held for annual leases to professionals who relocated but have not purchased. In the age-restricted communities entry prices sit at the bottom of the county range, though some sections permit leasing and others do not. Underwrite a West Palm Beach building on the leases that exist rather than the rent roll a listing projects.

35 listings, newest first.

The 35 listings on this page run from $169,900 to $4,500,000, with a median of $699,500, about $377 per square foot, and they have been listed a median of 42 days.

The communities with the most listings here are Northwood (3), Washington Heights (3), Freshwater 11th & 12th Ave (2), Lakeview Ridge (2) and North Palm Bch 1 (2), 12 of the 35; the others are spread across 21 more communities. All of them are multifamily properties. They were built between 1923 and 2015, a median of 1958. 2 of the 35 have a pool, and 1 is on the water. They sit in 8 ZIP codes: 33401, 33403, 33405, 33406, 33407, 33409, 33413 and 33415.

Ask About These West Palm Beach Investment & Multifamily Properties

Tell us which of these homes you want to see, or what you are looking for that is not here, and a West Palm Beach agent replies with the homes that fit, the questions to ask about each and a time to see them. Call or text (786) 914-1017 or send the form on this page.

West Palm Beach Investment & Multifamily Properties: What Is on the Market

What the 35 investment & multifamily properties for sale in West Palm Beach tell you about this market, counted from the listings on this page as of November 8, 2026. Every figure moves with the inventory. Ask about any of these homes or request a showing from this page.

Listings on this page	35
Asking prices	$169,900 to $4,500,000
Median asking price	$699,500
Median price per square foot	$377/sq ft
Median living area	1,770 sq ft
Year built	1923 to 2015, median 1958
Median days on market	42 days
Listings with a price cut	12 of 35
With a pool	2 of 35
On the water	1 of 35

Communities With the Most Listings

Community	Listings	Median asking price
Northwood	3	$699,500
Washington Heights	3	$649,000
Freshwater 11th & 12th Ave	2	$850,000
Lakeview Ridge	2	$962,500
North Palm Bch 1	2	$1,747,000
Unincorporated	2	$792,450

By Asking Price

Under $600,000: 14 listings
$600,000 to $900,000: 10 listings
$900,000 and up: 11 listings

Counted from the listings on this page, BeachesMLS, as of November 8, 2026. Asking prices, not sale prices. Not an appraisal.

West Palm Beach Investment & Multifamily Properties: Questions Buyers Ask

How much do investment & multifamily properties cost in West Palm Beach?: The 35 investment & multifamily properties for sale in West Palm Beach on this page ask from $169,900 to $4,500,000, a median of $699,500 or about $377 per square foot, from BeachesMLS listings as of November 8, 2026. 14 are under $600,000, 10 are between $600,000 and $900,000 and 11 are at $900,000 and up. Asking prices are not sale prices: the West Palm Beach housing market report shows what homes closed for.
How many investment & multifamily properties are for sale in West Palm Beach right now?: 35 investment & multifamily properties are listed for sale in West Palm Beach as of November 8, 2026, and the typical one has been on the market 42 days; 12 of them have cut the asking price since listing. The list refreshes from the MLS through the day, and the alert on this page sends each new one the day it lists.
Which West Palm Beach communities have investment & multifamily properties for sale?: Northwood (3, median $699,500), Washington Heights (3, median $649,000), Freshwater 11th & 12th Ave (2, median $850,000), Lakeview Ridge (2, median $962,500), North Palm Bch 1 (2, median $1,747,000) and Unincorporated (2, median $792,450) hold the most investment & multifamily properties for sale in West Palm Beach today. The rest are spread across 20 more communities.

What Investors Buy in West Palm Beach

What an investor buys in West Palm Beach depends on the tenant. Duplexes and small buildings on the older streets west of Dixie Highway and north through Northwood rent to service workers, university students and downtown staff, and they are bought for the renovation as much as for the rent. Downtown and Flagler Drive condos are held for annual leases to relocating professionals. The age-restricted communities sit at the bottom of the county price range wherever leasing is permitted, which is far from everywhere. A tear-down in SoSo is bought for the lot. The West Palm Beach tenant is usually working downtown and has not yet decided whether to stay.

Reading the Numbers in West Palm Beach

Run a West Palm Beach deal on your own numbers rather than the seller's. Florida taxes reassess to what you pay when the deed records, so the tax line on the listing belongs to the current owner. Wind and flood insurance swing the result more than the rent does, and on an older building west of Dixie Highway the roof and the wiring drive that quote. Association dues in a Flagler Drive tower or an age-restricted section can jump after a milestone inspection or a reserve study, so read both before you commit. Leasing rules decide whether the strategy is permitted in that community at all, and income shown on a listing is a projection until you see signed leases.

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Before You Buy: The Guides

The Numbers on These Listings

Straight from the MLS, updated through the day. Income and capitalization rates are what the listing agent published, not audited figures: treat them as the start of underwriting, and ask for certified operating statements before you offer.

Property	Price	Units	Per unit	Income	Cap rate	Taxes	HOA	Days on market
420 56th Street	$559,000	2	$279,500	$3,795 gross	—	$6,705	—	4 days
728 20th Street (reduced from $799,000)	$699,900	2	$349,950	—	—	$5,390	—	332 days
702 Fernwood Drive	$650,000	2	$325,000	$5,100 gross	—	$8,515	—	10 days
3804 Miller Avenue	$545,000	3	$181,667	—	—	$8,460	—	11 days
1981 49TH Avenue	$999,900	4	$249,975	—	—	$10,729	—	12 days
2737 EMORY Drive D	$550,000	4	$137,500	$42,765 net	7.8%	$8,146	$21,989	13 days
2907 ASHLEY Drive A	$1,520,000	2	$760,000	—	—	$20,601	$50,968	15 days
9201 Highpoint Drive lot	$169,900	2	$84,950	$28,500 net	16.8%	$1,700	—	18 days
820 21st Street (reduced from $599,999)	$549,000	3	$183,000	$4,450 gross	—	$4,726	—	25 days
4108 Greenwood Avenue (reduced from $449,900)	$372,900	2	$186,450	$37,200 net	10%	$5,939	—	374 days
425 NOTTINGHAM Boulevard	$719,900	2	$359,950	—	—	$11,837	—	31 days
6368 Bishoff Road	$585,000	2	$292,500	—	—	$5,491	—	29 days
700 Talladega Street	$850,000	4	$212,500	$47,960 net	5.6%	$9,965	—	30 days
5015 N FLAGLER Drive	$2,749,000	4	$687,250	$89,800 net	3.3%	$17,509	—	30 days
706 9th Street	$579,999	2	$290,000	$4,150 gross	—	$9,698	—	30 days
633 10th Street 1-5	$1,250,000	5	$250,000	—	—	$7,305	—	36 days
4329 Whispering Pines Road (reduced from $549,999)	$539,999	2	$270,000	—	—	$4,292	—	38 days
815 BRIGGS Street	$450,000	4	$112,500	—	—	$5,993	—	40 days
4300 12th Street (reduced from $380,000)	$330,000	2	$165,000	—	—	$594	—	40 days
817 Grant Street	$649,000	3	$216,333	$5,255 gross	—	$8,952	—	42 days
521 48th Street	$745,000	3	$248,333	—	—	$6,153	—	156 days
939 35TH Street	$875,000	4	$218,750	$25,000 net	2.9%	$7,953	—	55 days
233 Malverne Road 233, 235, 237, 239	$4,500,000	4	$1,125,000	—	—	$222	—	60 days
1332 LONGWOOD Street	$790,000	2	$395,000	$86,000 gross	—	$9,327	—	58 days

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