Renovated Turnkey Duplex
2741 Parker Avenue West Palm Beach, FL 33405
For Sale
$949,000
MULTI_FAMILY - West Palm Beach, FL
Property Size1,682 SF
Lot Size0.16 Acres
Price / SF$564.21
Days on Market124
Property Features for 2741 Parker Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- SF14 (city)
- Bedrooms
- 4
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2
- Spa
- 1
- Patio and Porch features
- Patio
- Pets allowed
- No, Yes
- Exterior features
- Courtyard, Barbecue, Lighting, Outdoor Shower, Storage
- Fencing
- Fenced
- Standard status
- Active
- APN
- 74434333360000453
- Size
- 1,682 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WILLA PARK E 67 FT OF LTS 45 & 46
- Tax Annual Amount
- 11897
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete
- Building materials
- Concrete, Stucco
- Roof type
- Shingle
- Additional Structures
- Storage, Pergola
Listing Agency:
Keller Williams Realty Jupiter
(561) 427-6100
Listed By:
Lisa Gonzalez · License #3462834
(561) 310-2886
Added: Mar 24
Changed: Jul 24
Last Checked: Jul 25 at 5:06PM
MLS# B26006206
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 beautifully renovated duplex offers a turnkey setup with two units designed for comfortable, income-producing living. The property is situated on a lot with a fully fenced private backyard featuring lush turf, a spacious gazebo, and a soothing hot tub, creating a low-maintenance outdoor space that’s well suited for entertaining or relaxing.
Located in West Palm Beach, the home is described as being just minutes from PBI Airport and vibrant Downtown West Palm Beach. The property is zoned SF14 (city), providing a residential context for buyers evaluating an owner-occupant or investment strategy.
With modern upgrades and a layout that supports multi-generational living or an owner occupant seeking additional income, this duplex may appeal to investors looking for a ready-to-operate asset. The outdoor amenities add practical appeal for tenants or residents who value private outdoor space. Financing details noted in the remarks include pre-approvals routed through a specific licensed loan originator, with buyers able to use their own lender ultimately. Please contact the listing agent for further information.
Located in West Palm Beach, the home is described as being just minutes from PBI Airport and vibrant Downtown West Palm Beach. The property is zoned SF14 (city), providing a residential context for buyers evaluating an owner-occupant or investment strategy.
With modern upgrades and a layout that supports multi-generational living or an owner occupant seeking additional income, this duplex may appeal to investors looking for a ready-to-operate asset. The outdoor amenities add practical appeal for tenants or residents who value private outdoor space. Financing details noted in the remarks include pre-approvals routed through a specific licensed loan originator, with buyers able to use their own lender ultimately. Please contact the listing agent for further information.
Key Highlights
- Renovated duplex with 2 units built in 1950
- Fully fenced private backyard with lush turf, spacious gazebo, and hot tub (spa)
- Outdoor entertaining features include patio plus barbecue and outdoor shower
Financial Insights For Multifamily LT 5
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 | $47.4k | $28.20 |
| − Vacancy | −$2.5k | −$1.47 |
| EGI | $45.0k | $26.73 |
| − OpEx | −$13.5k | −$8.02 |
| NOI | $31.5k | $18.71 |
1,682 SF · lease $28.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$449.7K
$393.5K – $524.6K
NOI $31,476 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$418.2K
$365.9K – $487.9K
NOI $29,274 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,919 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Turnkey duplex with modern renovations and a fully fenced backyard built for year-round outdoor living.
Where is this duplex located?
The property is located at 2741 Parker Avenue West Palm Beach, FL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Renovated duplex with 2 units built in 1950; Fully fenced private backyard with lush turf, spacious gazebo, and hot tub (spa); Outdoor entertaining features include patio plus barbecue and outdoor shower
