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$470,000

  • Sold
  • Closed
  • Triplex
  • 1,952 Sq. Ft.
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Rare opportunity to acquire a 3-unit multifamily property located at 638 50th Street in West Palm Beach generating $4,950 per month in rental income ($59,400 annually). Built in 1936, the property consists of two buildings totaling 2,868 gross SF on a 0.24-acre lot. The unit mix includes three 2-bedroom/1-bathroom units averaging approximately 651 rentable SF, with wood frame construction, pitched composite shingle roofs, and window-unit A/Cs. Conveniently located near I-95, Downtown West Palm Beach, Palm Beach Island, St. Mary's Medical Center, and the Northwood district. An attractive opportunity for investors seeking immediate in-place income in a growing West Palm Beach rental market.

Full Property Details for 638 50th St

General

  • Sold For: $470,000
  • Taxes: $6,393 (2025)
  • Status: Closed
  • Type: Triplex
  • Source: Regional
  • MLS ID: B26067277
  • Added to Site: 49 day(s) ago

Interior

  • Flooring: Tile

Exterior

  • Exterior Features: Outdoor Living Area, Other, Porch
  • Porch/Patio/Deck: Porch, Screened

Parking

  • Total Spaces: 2

Location

  • County: Palm Beach
  • Subdivision: NORTH PALM BCH 4
  • Driving Directions: Use Navigation.

School Information

  • Elementary School: West Riviera
  • Middle School: John F. Kennedy (Palm Beach)
  • High School: Palm Beach Lakes

Community

  • Community Name: 5420
  • Units Assoc/Comm: 3
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • # Electric Meters: 3

Structural Information

  • Structure Type: Multi Family, Triplex
  • Construction: Frame
  • Roof: Composition, Shingle
  • Windows: Metal, Single Hung
  • Stories/Levels: 1
  • Building Size: 2868
  • Square Feet: 1,952
  • Sq. Ft. Source: Owner
  • Living Area: 1,952 Sq. Ft.
  • Year Built: 1936
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Features: 1/4 Acre
  • Zoning: SF7 (city)

Financial Considerations

  • Assessment Amount: $361,241
  • Tax Amount: $6,393.65
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA
  • Tenant Pays: Cable TV, Electricity

Disclosures and Reports

  • Special Conditions: Standard
  • Documents Avail.: Financials
  • Legal Description: NORTH PALM BEACH PL NO 4 LTS 19 TO 22 INC BLK 57
  • Property ID: 74434304080570190

Listed by Home Sold Realty LLC
Sold by Northwood Realty LLC

Listing agent

— 638 50th St —

  • Home Sold Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 638 50th St

School District:Palm Beach County School District
NameGradesDistance
West Riviera Elementary School
1057 W 6th St, Riviera Beach, FL 33404
K-51.1 mi
John F. Kennedy Middle School, Riviera Beach, FL
1901 Avenue S, Riviera Beach, FL 33404
6-82.3 mi
Palm Beach Lakes High School
3505 Shiloh Drive, West Palm Beach, FL 33407
9-123 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 638 50th St

Date
Details
Price
Change
Source
9/23/2026
Sold
$470,000
-7.84%
MLS
8/22/2026
Listed
$510,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Home Sold Realty LLC
Sold by Northwood Realty LLC

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Recent Sales near 638 50th St

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638 50th Street, West Palm Beach, FL 33407 (MLS# B26067277) is a Triplex property that was sold at $470,000 on September 23, 2026. Want to learn more about 638 50th Street? Do you have questions about finding other Triplex real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.