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Multifamily

Windsor Apartments

3307 Windsor Ave, West Palm Beach, FL 33407

Listing Price: $2,795,000

Cap Rate
7.21%
Number of Units
12
GRM
8.10
Occupancy
96.0%
Price/Unit
$232,917
Price/Gross SF
$358.33
Gross SF
7,800

Investment Overview

Marcus & Millichap is pleased to present Windsor Apartments, a stabilized 12-unit multifamily property located at 3307 Windsor Avenue in West Palm Beach, Florida. The property consists of four buildings totaling 7,800 gross square feet, situated on a 0.57-acre parcel. Built in 1972, Windsor Apartments features all new roofs, reducing near-term capital expenditure requirements.

The unit mix is comprised of twelve (12) two-bedroom/one-bathroom apartments, each averaging 650 square feet. Half of the units are equipped with central air conditioning, while the remaining units utilize wall-mounted systems. The property is currently stabilized with Section 8 tenants, providing ownership with consistent, government-backed rental income.

Ideally positioned in West Palm Beach, the property benefits from proximity to Downtown, major employment hubs, and key amenities including Palm Beach International Airport, St. Mary’s Medical Center, and local retail corridors. The area continues to see redevelopment and investment, fueling long-term demand for workforce and affordable housing.

With its stable Section 8 tenancy, recent capital improvements, and strategic location, Windsor Apartments represents a reliable investment opportunity with steady cash flow and minimal immediate capital needs.

Investment Highlights

  • Brand New Roofs (Currently Being Installed)
  • Predominately Section 8 Tenants Providing Guaranteed Income
  • All 2 Bedroom Floorplans
  • 1972 Concrete Block Construction
  • Located Just Minutes From Downtown West Palm Beach

Exclusively Listed By

Multifamily

Windsor Apartments

Listing Price: $2,795,000

Cap Rate
7.21%
Number of Units
12
GRM
8.10
Occupancy
96.0%
Price/Unit
$232,917
Price/Gross SF
$358.33
Gross SF
7,800

Investment Highlights

  • Brand New Roofs (Currently Being Installed)
  • Predominately Section 8 Tenants Providing Guaranteed Income
  • All 2 Bedroom Floorplans
  • 1972 Concrete Block Construction
  • Located Just Minutes From Downtown West Palm Beach

Investment Overview

Marcus & Millichap is pleased to present Windsor Apartments, a stabilized 12-unit multifamily property located at 3307 Windsor Avenue in West Palm Beach, Florida. The property consists of four buildings totaling 7,800 gross square feet, situated on a 0.57-acre parcel. Built in 1972, Windsor Apartments features all new roofs, reducing near-term capital expenditure requirements. The unit mix is comprised of twelve (12) two-bedroom/one-bathroom apartments, each averaging 650 square feet. Half of the units are equipped with central air conditioning, while the remaining units utilize wall-mounted systems. The property is currently stabilized with Section 8 tenants, providing ownership with consistent, government-backed rental income. Ideally positioned in West Palm Beach, the property benefits from proximity to Downtown, major employment hubs, and key amenities including Palm Beach International Airport, St. Mary’s Medical Center, and local retail corridors. The area continues to see redevelopment and investment, fueling long-term demand for workforce and affordable housing. With its stable Section 8 tenancy, recent capital improvements, and strategic location, Windsor Apartments represents a reliable investment opportunity with steady cash flow and minimal immediate capital needs.

Exclusively Listed By

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