Residential Income Property with Front
2393 N Military Trail West Palm Beach, FL 33409
2393 N Military Trail, West Palm Beach, FL, 33409
$1,300,000
For Sale
$1,300,000
SINGLE_FAMILY - Schall Circle, FL
Property Size3,146 SF
Lot Size0.29 Acres
Price / SF$413.22
Days on Market84
Property Features for 2393 N Military Trail
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- CG
- Parking
- 4
- Standard status
- Active
- APN
- 00424324000007240
- Size
- 3,146 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 24-43-42~ N 88.83 FT OF S 143.68 FT OF E 203.33 FT OF NE 1/4 OF NE 1/4 OF SW 1/4 (LESS E 60 FT SR 809 R/W)
- Tax Annual Amount
- 9421
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Tile, Concrete
- Building materials
- Stucco
- Roof type
- Composition
Listing agency
United Realty Group Inc
(561) 868-1930
Listed by
Tamara Starcher · License #3426906
(954) 732-4283
Added: May 1 Updated: Jul 12 at 4:39PM Checked: Jul 23 at 5:06AM
MLS# B26022575
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential income property includes parking in front and a roof dated 2024. The lot size is 0.29 acres, and the property size is 3,146 square feet, with zoning designated as CG.
Located at 2393 N Military Trail in Schall Circle, FL (33409), the property is described as being close to Palm Beach International Airport. The listing notes a strong emphasis on location.
For buyers evaluating CG-zoned income housing, this offering presents a straightforward structure with front parking and a recently updated roof.
Located at 2393 N Military Trail in Schall Circle, FL (33409), the property is described as being close to Palm Beach International Airport. The listing notes a strong emphasis on location.
For buyers evaluating CG-zoned income housing, this offering presents a straightforward structure with front parking and a recently updated roof.
Key Highlights
- Prime location near Palm Beach International Airport.
- New roof installed in 2024.
- Rare parking available in front of the property.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.6k | $33.24 |
| − Vacancy | −$5.0k | −$1.60 |
| EGI | $99.6k | $31.64 |
| − OpEx | −$44.8k | −$14.24 |
| NOI | $54.8k | $17.40 |
3,146 SF · lease $33.24/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$782.2K
$684.4K – $912.6K
NOI $54,754 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.22M
$1.94M – $2.58M
NOI $155,091 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
R & J Bait ...
(Bike/Boat/Book/etc) Store
G and B painting
Painting Service
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Residential income property with front parking and a 2024 roof, zoned CG in Schall Circle, FL.
Where is this single family property located?
The property is located at 2393 N Military Trail West Palm Beach, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime location near Palm Beach International Airport.; New roof installed in 2024.; Rare parking available in front of the property.
