Property 3723 Morton Avenue, West Palm Beach, FL 33405 with MLS# R11020342

This is six cottages, 100% tenant occupied on annual leases. The property is zoned multi family and there is the optionality to develop up to 9 units (.46 acres). Great West Palm Beach location close to Dixie Hwy and minutes to downtown, beach, I95, and shopping/dining.

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3723 Morton Avenue, West Palm Beach, FL 33405

Price
Price:
$1,100,000.00
Original List Price:
$1,400,000.00
List Price per Sq Ft (Calculated, Approx.):
$324.67
Close Price:
$1,100,000.00
Transaction closed on:
August 17, 2026
Lease Details
Tenant Pays:
Electricity, Water, Gas, Sewer
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
Status Change
Last Major Update on:
August 21, 2026 5:44 pm
Rooms Distribution
Bathrooms Total:
7
Measures
Built-Up Area:
3,696 Sqft
Building Area Source:
Public Records
Lot Size Acres:
0.46
Property Features
Security:
Smoke Detector(s), None
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Building:
Laundry Facilities
Construction
Year Built:
1922
Roof:
Composition
Number of Units Total:
6
Construction Materials:
Frame
Flooring:
Wood, Vinyl, Ceramic Tile
Stories:
1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$11,835.6
Tax Year:
2023
Insurance Expense:
$11,246.00
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Copy Of Lease(s)
Listing Terms Considered by Seller:
Cash, Conventional
Zoning and Legal
Tax Legal Description:
AMND PL OF ROSEDALE ADD LTS 10 TO 12 INC BLK 8
Real Estate Folio Number (Parcel Number):
74434333290080100
Zoning:
MF20
Listing History
Active on the market since:
February 4, 2026
Listing Agreement executed on:
September 12, 2024
Purchase Contract Date:
May 11, 2026
Price change occurred on:
March 16, 2026 7:35 pm
Listing Status Last Changed On:
August 21, 2026 5:44 pm
Photos updated on:
July 7, 2025 9:12 pm
Last Modified:
August 21, 2026 5:44 pm
Additional Information
Courtesy of:
Kanga Property Management
Attribution:
Not provided
Location
Street Name:
Morton
Street Number:
3723
City:
West Palm Beach
State:
Florida
Zip Code:
33405
County:
Palm Beach
Latitude:
N26° 40' 39.8''
Longitude:
W81° 56' 38.5''
Street Suffix:
Avenue
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $82,945
Median Home Value $401,200
Median Rent $1,432/mo
Median Age 43
Population 19,703
Ver la Propiedad Ver la propiedad 3723 Morton Avenue, West Palm Beach, FL 33405
This listing can also be located in the MLS system as RX-11020342
Association of REALTORS®
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