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Lara Lena Apartments 320 20th St

16 Unit Apartment Building $6,000,000 ($375,000/Unit) West Palm Beach, FL 33407

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Investment Highlights

Fully Renovated
New Appliances
Commercial Retail Space On first Floor

New Central Air Conditions
Moderned style

Financial Summary (Pro forma - 2024) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Net Operating Income	-	-

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Price	$6,000,000	Building Class	C
Price Per Unit	$375,000	Lot Size	0.14 AC
Sale Type	Investment	Construction Status	Under Renovation
Sale Conditions	1031 Exchange High Vacancy Property	Building Size	10,630 SF
No. Units	16	Average Occupancy	10%
Property Type	Multifamily	No. Stories	2
Property Subtype	Apartment General Retail Storefront Retail/Residential Multifamily Dormitory	Year Built/Renovated	1924/2024
Apartment Style	Low Rise

Price	$6,000,000
Price Per Unit	$375,000
Sale Type	Investment
Sale Conditions	1031 Exchange High Vacancy Property
No. Units	16
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Multifamily Dormitory
Apartment Style	Low Rise
Building Class	C
Lot Size	0.14 AC
Construction Status	Under Renovation
Building Size	10,630 SF
Average Occupancy	10%
No. Stories	2
Year Built/Renovated	1924/2024

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
1+1	8	$2,000	600
Studios	8	$1,800	500

1 of 1

aerial
map

320 20th St, West Palm Beach, FL - aerial map view - Image1

320 20th St, West Palm Beach, FL - aerial map view - Image2

Walk Score ®

Very Walkable (82)

Bike Score ®

Very Bikeable (88)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	74-43-43-10-19-002-0082	Improvements Assessment	$1,239,730 (2023)
Land Assessment	$163,125 (2023)	Total Assessment	$1,402,855 (2023)

PROPERTY TAXES

Parcel Number

74-43-43-10-19-002-0082

Land Assessment

$163,125 (2023)

Improvements Assessment

$1,239,730 (2023)

Total Assessment

$1,402,855 (2023)

zoning

Zoning Code	CMUD-TRA - CMUD-TRANS (CMUD-TRA - CMUD-TRANS. CURRIE MIXED-USE (74-WEST PALM BEACH) Use 1200 STORE/OFFICE/RES)
CMUD-TRA - CMUD-TRANS (CMUD-TRA - CMUD-TRANS. CURRIE MIXED-USE (74-WEST PALM BEACH) Use 1200 STORE/OFFICE/RES)