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3723 Morton Avenue, West Palm Beach, FL 33405 (MLS# R11020342)

3723 Morton Avenue, West Palm Beach, FL 33405

$1,100,000
Property Type: Commercial Sale Square Footage: 3,696 Status: Active Under Contract
Current Price: $1,100,000 List Date: 2/04/2026 Last Modified: 5/11/2026

Overview

Description

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.

Listing Details MLS# R11020342

General Property Information

Property Sub Type
Multi Family
Number Of Units Total
6
Building Area Main
3696
Building Area Source
Public Records
Year Built
1922
Lot Size Area
20037.6
Lot Size Acres
0.46
Stories
Yes

Property Features

Building Features: Laundry Facilities Documents Available: Copy Of Lease(s) Electric: Three Phase Flooring: Ceramic Tile; Vinyl; Wood Heating: None Location of Property: City Location Property Condition: Resale Sale Includes: Building; Land Tenant Pays: Electricity; Gas; Sewer; Water Construction Materials: Frame Cooling: Wall/Window Unit(s) Listing Terms: Cash; Conventional Roof: Composition Security Features: Smoke Detector(s); None Sewer: Public Sewer Utilities: Cable Available Water Source: Public Showing Requirements: Appointment Only; Occupied; Text Listing Agent Contingencies: Other

Contract Information

Comp Sale YN
No
Original List Price
1400000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
3723
Street Name
Morton
Street Suffix
Avenue
City Name
West Palm Beach
State Or Province
FL
Postal Code
33405
Area
5430
Geographic Area
PB20
Parcel Number
74434333290080100
Zoning
MF20
Directions
SOUTHERN BLVD TO DIXIE NORTH, LEFT ON ROSELAND, LEFT ON MORTON
Property Description
Multi Family

Financial Information

Tax Annual Amount
11835.6
Tax Year
2023
Tax Legal Description
AMND PL OF ROSEDALE ADD LTS 10 TO 12 INC BLK 8

Status Change Information

Major Change Timestamp
2026-05-11T20:29:05Z
Major Change Type
Status Change
Price Change Timestamp
2026-03-16T19:35:49Z
Status Change Date
2026-05-11
Under Contract Type
Active Under Contract
Under Contract Date
2026-05-11

More Information

Building and Property Details

# Of Toilets
7
% Air Conditioned
100
Maximum Ceiling Height
8

Distance To Information

Miles to Beach
Yes
Miles to Expressway
Yes

Meter Information

Number Of Meters Total
6

Income and Expenses

Insurance Expense
11246
Real Estate Taxes
11362

Description of Unit Type 1

Unit Type
2 Bedroom
Full Baths
2
Annual Rent
2050

Description of Unit Type 2

Unit Type
1 Bedroom
Full Baths
Yes
Annual Rent
1300

Description of Unit Type 3

Unit Type
2 Bedroom
Full Baths
Yes
Annual Rent
1300

Description of Unit Type 4

Unit Type
2 Bedroom
Full Baths
Yes
Half Baths
1750

Description of Unit Type 5

Unit Type
1 Bedroom
Full Baths
Yes
Annual Rent
1300

Description of Unit Type 6

Unit Type
2 Bedroom
Full Baths
Yes
Annual Rent
1600

Price Calculations

Current Price To SqFt
324.67

Originating Details

Originating System Key
20240912145700424063000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Flooring

Ceramic Tile
Yes
Vinyl
Yes
Wood
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Water
Yes

Location of Property

City Location
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Building Features

Laundry Facilities
Yes

Heating

None
Yes

Sale Includes

Building
Yes
Land
Yes

Construction Materials

Frame
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes
None
Yes

Water Source

Public
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Appointment Only
Yes
Occupied
Yes
Text Listing Agent
Yes

Contingencies

Other
Yes
Listing Office: Kanga Property Management
IDX
Last Updated: May - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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