Modern Living Group
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$1,250,000ACTIVE

5167 PURDY Lane, West Palm Beach, FL 33415

—beds0baths1,960sq ft$638/ sq ft
THE RESIDENCE

About this home

Excellent investment opportunity in West Palm Beach! This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom units, each with an oversized private utility room and washer/dryer hookups. All units are in excellent condition, with recent improvements including 2020 Roof and new drain field. Fully occupied by established, long-term tenants on month-to-month leases, generating $92,100 in annual rental income. Current rents are below market value, offering excellent potential for future income growth. A fantastic opportunity for investors seeking immediate cash flow, stable occupancy, minimal maintenance, and long-term upside!

THE DETAILS

Property details

List Price$1,250,000
Price / Unit$312,500
Units4
Inside Sq Ft1,960
Year Built1973
ConstructionCBSConcreteBlockStructure,Block
ZoningRM
Property TypeQuadruplex
MLS #B26099242
StatusActive
Original List Price$1,250,000
Tenant PaysCable TV, Electricity, Water
Stories1
Lot Size0.44 acres
WaterfrontNo
Days on MarketListed Nov 11, 2026
Annual Taxes$10,497
CityWest Palm Beach
Show all details (1 more)
Zip Code33415
LOCATION

Where you'll live

Wolf Velasco
FEATURED AGENT
Wolf Velasco
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