4158 Faith Street, West Palm Beach, FL 33406

This 1955 income-producing property sits on a 14,000-square-foot double lot in the Pine Air 3 subdivision of West Palm Beach, within a multifamily-zoned area. The site currently generates rental income across its existing improvements and offers more than nine parking spaces, a notable ratio for a parcel of this size.

This 1955 income-producing property sits on a 14,000-square-foot double lot in the Pine Air 3 subdivision of West Palm Beach, within a multifamily-zoned area. The site currently generates rental income across its existing improvements and offers more than nine parking spaces, a notable ratio for a parcel of this size.

Site & Improvements

The structure totals 1,261 square feet with 1,091 square feet under air, configured as four bedrooms and three bathrooms. Cooling is provided by wall and window units rather than central air, and heating is similarly wall-mounted. The building dates to 1955 and is being sold as a resale property in its current condition.

Zoning & Development Potential

The multifamily zoning designation on this parcel is the central value proposition. A 0.32-acre double lot in this corridor of West Palm Beach is uncommon and may support additional density depending on applicable floor-area-ratio limits and setback requirements under the current land development code. Investors should verify with the City of West Palm Beach Planning and Zoning Division whether the lot supports a small multifamily project or an accessory dwelling unit addition under recent code amendments. The nine-plus parking spaces already on site could satisfy or partially satisfy parking minimums for a denser use.

Location & Access

Pine Air sits in the southern portion of West Palm Beach, with proximity to Southern Boulevard (US-98) providing direct east-west access to Palm Beach Island and west to the Florida Turnpike. Palm Beach International Airport is approximately a ten-minute drive northwest. Downtown West Palm Beach and the Brightline station are accessible within fifteen minutes heading north on Dixie Highway or I-95.

Key Features

• 14,000-square-foot double lot (0.32 acres)
• Multifamily zoning designation
• Currently income-producing with existing tenants
• Nine-plus on-site parking spaces
• 1955 construction, four bedrooms, three bathrooms
• Proximity to Southern Boulevard corridor for island and turnpike access