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    Renovated Triplex with Ample Parking Title is generated by Realmo AI

    4381 Purdy Ln, West Palm Beach, FL 33406

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    For Sale
    $750,000

    MULTI_FAMILY - West Palm Beach, FL

    Property size:
    2,904 SF
    Price / SF:
    $258/SF
    Added:
    Feb 18, 2026
    Days on Market:
    134
    Last Refresh:
    Jul 2 at 9:06 am

    Property Features for 4381 Purdy Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Rooms
    Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 7, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 2
    Parking
    6
    Standard status
    Active
    APN
    00424413010040231
    Size
    2,904 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    ACACIA VILLA W 70 FT OF LT 23 BLK 4
    Tax Annual Amount
    5480

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air, Window Unit(s), Wall/Window Unit(s)

    Building Details

    Year built
    1963
    Floors in Building
    1
    Flooring type
    Laminate, Tile - Ceramic
    Building materials
    Brick
    Roof type
    Shingle

    We can help!

    Contact an agent
    Guillermo Gori

    Listing agent Guillermo Gori License #3329430

    Listing office Florida Brokers Real Estate 3595 Sheridan Street Suite 200, Hallandale Beach, FL

    Listing date Feb 18, 2026

    MLS# A11967277 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Triplex with all 3 units currently rented; independent layouts for separate tenant appeal and rental stability
    • Fully renovated interiors with updated kitchens and modern bathrooms
    • Brick construction with 1963 build year and a shingle roof
    • Central heating and central air, plus ceiling fan(s) and wall/window unit cooling
    • Ceramic tile and laminate flooring throughout
    • Public sewer and cable available; no HOA

    Overview

    This fully renovated triplex offers three separate, independently laid out units. The property includes updated kitchens and modern bathrooms across the residences, designed to appeal to today’s renters while supporting functional day-to-day living. The configuration consists of three total units within one income property.

    Located in West Palm Beach, Florida, the triplex sits on a spacious lot with ample parking. The listing notes there is no HOA, which can simplify ownership and property management decisions. With all three units currently rented, the property is positioned for immediate tenant occupancy.

    For investors seeking a residential income asset, this three-unit configuration provides multiple rental units in a single building, all featuring renovation updates to the interior. Independent layouts can help reduce tenant friction and support smoother operations. The combination of a renovated interior, on-site parking, and current occupancy makes this a practical option for buyers evaluating a triplex-style investment property.

    Local 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 $81.9k $28.20
    − Vacancy −$4.3k −$1.47
    EGI $77.6k $26.73
    − OpEx −$23.3k −$8.02
    NOI $54.3k $18.71
    2,904 SF · lease $28.20/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $776.3K
    $679.3K – $905.7K (±1% cap)
    NOI $54,344 @ 7.0% cap · market cap 7.25%
    Second Best
    Apartment 5plus
    $722.0K
    $631.8K – $842.4K (±1% cap)
    NOI $50,543 @ 7.0% cap · market cap 6.74%
    Theoretical Best
    Office A
    $2.05M
    $1.79M – $2.39M (±1% cap)
    NOI $143,161 @ 7.0% cap · market cap 19.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.110554
    Latitude
    26.644496

    FAQs

    What type of property is this?
    Triplex - Turnkey-ready triplex with three rented units featuring updated kitchens, modern bathrooms, and independent layouts.
    Where is this triplex located?
    The property is located at 4381 Purdy Ln West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Triplex with all 3 units currently rented; independent layouts for separate tenant appeal and rental stability; Fully renovated interiors with updated kitchens and modern bathrooms; Brick construction with 1963 build year and a shingle roof
    More about this property
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