633 10th Street 1-5, West Palm Beach, FL

New Listing
$1,250,000
Property Type: Commercial Sale Square Footage: 3,500 Status: Active
Current Price: $1,250,000 List Date: 10/02/2026 Last Modified: 10/02/2026

Overview

Description

Located in the heart of rapidly growing Downtown West Palm Beach, this versatile multi-unit property offers five separate 2-bedroom, 1-bathroom units, providing an excellent opportunity for investors or owners seeking a centrally located income-producing property. Four of the five units are currently vacant, offering flexibility for immediate leasing or owner use, while one unit is tenant occupied, providing existing rental income. The property is conveniently situated near mass transit, I-95, beautiful beaches, shopping, dining, parks, and the many amenities of Downtown West Palm Beach. With its prime location and multiple residential units, this property offers the potential to capitalize on the continued growth and demand in the area.

Listing Details MLS# B26083589

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Number Of Units Total
5
Price Per Unit
250000
Occupant Type
Tenant
Building Area Main
3500
Building Area Source
Appraiser
Adjusted Area Main
3324
Year Built
1974
Parking Total
5
Lot Size Area
7405.2
Lot Size Acres
0.17
Accessibility Features YN
No
Stories Total
Yes
Stories
Yes

Property Features

Business Type: Real Estate Ceiling: Drywall Documents Available: Copy Of Lease(s) Electric: Separate Meters Fencing: None Flooring: Ceramic Tile Heating: None Location of Property: City Location; Other Parking Features: Assigned; On Street Possession: Close Of Escrow; Subject To Tenant Rights Property Condition: Resale Sale Includes: Building; Fixtures; Land Special Licenses: Occupational Special Listing Conditions: Standard Zoning Information: Use Conforms To Zoning Source Of Expenses: Owner Provided Tenant Pays: Cable TV; Water Construction Materials: CBS Cooling: Ceiling Fan(s); Wall/Window Unit(s) Listing Terms: Cash; Conventional Lot Features: Sidewalks Road Frontage Type: City Street Traffic Type: Light Road Responsibility: Public Maintained Road Road Surface Type: Asphalt Roof: Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Electricity Available; Sewer Connected; Water Available Water Source: Public Showing Requirements: Combination Lock Box; Occupied; Schedule Online Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1250000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
633
Street Name
10th
Street Suffix
Street
Unit Number
1-5
Municipality Type
Incorporated
Municipal Code
74
State Or Province
FL
Postal Code
33401
Postal Code +4
3263
Area
5420
Geographic Area
PB20
Parcel Number
74434316010200080
Subdivision Number
Yes
Multiple Offers Accepted
Yes
Zoning
NWD-R (city)
Flood Zone
X
Directions
Tamarind North to 10th east
Property Description
MULTI-FAMILY LESS THAN 10

Financial Information

Tax Annual Amount
7304.59
Tax Year
2025
Tax Assessed/SOH Value
323546
Tax Legal Description
FRESHWATER ADD TO WPB AMNDED LT 8 BLK 20
Assessor Market Value
606703

Status Change Information

Major Change Timestamp
2026-10-02T20:27:38Z
Major Change Type
New Listing
Status Change Date
2026-10-02

More Information

Building and Property Details

# Of Tenants
5
# Of Toilets
5

Distance To Information

Miles to Beach
2
Miles to Expressway
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
5
Separate Gas Meters YN
No
Separate Water Meters YN
Yes
Number Of Separate Water Meters
5
Number Of Meters Total
5

Income and Expenses

Gross Scheduled Income
90000

Unit Details

Number Of Units Leased
Yes

Description of Unit Type 1

Unit Type
2 Bedroom
Full Baths
Yes
Furnished
No
Annual Rent
18000

Description of Unit Type 2

Unit Type
2 Bedroom
Full Baths
Yes

Description of Unit Type 3

Unit Type
2 Bedroom
Full Baths
Yes

Description of Unit Type 4

Unit Type
2 Bedroom
Full Baths
Yes

Description of Unit Type 5

Unit Type
2 Bedroom
Full Baths
Yes

Originating Details

Originating System Key
20260930152545384898000000
Originating System ID
M00000170
IDX
Listing Office: Keller Williams Coastal Partne
Source MLS Verified
Last Updated: October - 02 - 2026
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