1613 Sherwood Avenue, Mangonia Park, FL 33407

MLS® ID: R11138382

Description

Discover a rare investment opportunity in West Palm Beach! This spacious 8 bedroom, 4.5-bath property offers over 3,600 sqft of living space on a large 12,037 sqft lot with parking for 12+ vehicles. Flex Suites with multiple private entrances, this home is ideal for owner-occupants seeking rental income or investors expanding their portfolio. The property currently generates approx. $8,000/month through a mix of short-term, and long-term tenants, providing strong cash flow and future upside. Recent updates include remodeled kitchens and baths (2020), a newer roof (2022), and newer A/C units. The flexible layout allows multiple configurations to rent the house for co-living strategy to maximize profits (Convert to 13 BR home). One of the cheapest house per sqft in West Palm.