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Custom-Built Duplex with Pool
For Sale
$1,200,000

17603 82ND N, Loxahatchee, FL 33470

Two residences share a fenced homesite with a leased secondary unit and extensive outdoor improvements.

Property Size3,343 SF
Lot Size1.30 Acres
Days on Market50

Property Features for 17603 82ND N

General Information

Standard status Active
Size 3,343 SF
Total Parking Spaces 2
Lot size 1.30 Acres
Property subtype Duplex

Units

Unit Mix 1 x 4BR/3BA, 1 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,269

Amenities

pool

Building Details

Building Size 3,343 SF
Year Built 2006
Buildings 2
Listing Agency: KW Reserve Business Brokerage LLC
Listed By: John A Diaz · License #3091836
Source: Meyerlucas
Added: Sep 9 Changed: Oct 26 Last Checked: Oct 26 at 11:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Reserve Business Brokerage LLC

Rey
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Investment Insights

Based on property information with market context.

This custom-built duplex, completed in 2006, includes a primary residence with an open layout, 4 bedrooms, an office, 3 full baths, a pool, and a 2-car garage. The home also has a washer, dryer, refrigerator, and AC installed in 2024. The separate 2-bedroom, 1-bath residence is currently leased and includes tile in the main areas, carpeted bedrooms, and hurricane shutters.

Both homes occupy a fully fenced 1.3-acre parcel with mature fruit trees, landscaped grounds, and a sprinkler system. The roofs and exterior were recently power washed and painted. Additional property features include an upgraded septic tank, a filtered water system, and irrigation access from the running canal behind the property.

Key Highlights

  • Two custom‑built residences on a fully fenced 1.3‑acre lot
  • Primary home offers 4 bedrooms, an office, 3 full baths, pool, and 2‑car garage
  • Separate 2‑bedroom, 1‑bath residence is currently leased

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$55,727
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,540 $1.1M
Cap Rate 7%
$796,100 $796.1K
Cap Rate 9%
$619,189 $619.2K
Market Conditions
NOI Build-Up for 3,343 SF
Gross rent
$84.2K $25.20/SF
− Vacancy
−$4.6K −$1.39/SF
EGI
$79.6K $23.81/SF
− OpEx
−$23.9K −$7.14/SF
NOI
$55.7K $16.67/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,540
Cap Rate 7%
$796,100
Cap Rate 9%
$619,189

Alternative Uses

Best Use
Multifamily LT 5
$796.1K
$696.6K – $928.8K (±1% cap)
NOI $55,727 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$734.5K
$642.7K – $856.9K (±1% cap)
NOI $51,413 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$2.35M
$2.06M – $2.75M (±1% cap)
NOI $164,803 @ 7.0% cap · market cap 13.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

Demographics for 33470, FL

30,308
Population
11,309
Households
2.7
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
205.1 sq mi
ZIP Area
148
Density / Sq Mi
$116,758
Median Household Income
$50,438
Median Earnings
$2,576
Median Rent
$532,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences share a fenced homesite with a leased secondary unit and extensive outdoor improvements.
Where is this duplex located?
The property is located at 17603 82ND N Loxahatchee, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two custom‑built residences on a fully fenced 1.3‑acre lot; Primary home offers 4 bedrooms, an office, 3 full baths, pool, and 2‑car garage; Separate 2‑bedroom, 1‑bath residence is currently leased
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