Renovated
For Sale
$874,900
1867 Windsor Drive, North Palm Beach, FL 33408
Two separate units include in-unit laundry and private outdoor areas, with updated kitchens and bathrooms.
Property Size2,076 SF
Price / SF$421.44
Days on Market163
Property Features for 1867 Windsor Drive
General Information
Standard status
Active
Size
2,076 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,876
Amenities
washer and dryer
private outdoor area
hurricane-impact windows and doors
privacy fence
Building Details
Building Size
2,076 SF
Year Built
1972
Buildings
1
Listing Agency:
Prime Real Estate & Investment LLC
Listed By:
Mustafa Gaffar · License #3470548
(954) 548-8094
Source:
Kuklarealestate
Added: May 19
Changed: Oct 27
Last Checked: Oct 27 at 3:53AM
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 Prime Real Estate & Investment LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,076-square-foot duplex, built in 1972, contains two units. Improvements include new A/C systems, remodeled kitchens and bathrooms, updated appliances, modern flooring, recessed lighting, and a privacy fence. Each unit has its own washer and dryer, a private outdoor area, and hurricane-impact windows and doors. On-site parking is also available.
The property is 0.5 miles from Juno Park and Seasons 52, 2 miles from MacArthur State Park, and less than 2 miles from The Gardens Mall. The duplex is presented as suitable for short-term rental use, or for occupying one unit while renting the other.
The property is 0.5 miles from Juno Park and Seasons 52, 2 miles from MacArthur State Park, and less than 2 miles from The Gardens Mall. The duplex is presented as suitable for short-term rental use, or for occupying one unit while renting the other.
Key Highlights
- 2,076‑square‑foot duplex built in 1972
- Two units, each with a washer and dryer and private outdoor area
- Hurricane‑impact windows and doors throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,607
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,140
$692.1K
Cap Rate 7%
$494,386
$494.4K
Cap Rate 9%
$384,522
$384.5K
Market Conditions
NOI Build-Up for 2,076 SF
Gross rent
$52.3K $25.20/SF
− Vacancy
−$2.9K −$1.39/SF
EGI
$49.4K $23.81/SF
− OpEx
−$14.8K −$7.14/SF
NOI
$34.6K $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%
$692,140
Cap Rate 7%
$494,386
Cap Rate 9%
$384,522
Alternative Uses
Best Use
Multifamily LT 5
$494.4K
$432.6K – $576.8K
NOI $34,607 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$456.1K
$399.1K – $532.1K
NOI $31,927 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M
NOI $102,342 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,407
Businesses Nearby
Explore this area
Business Placement
Demographics for 33408, FL
18,965
Population
13,490
Households
1.4
Avg Household Size
58
Median Age
52%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
2,789
Density / Sq Mi
$91,390
Median Household Income
$65,606
Median Earnings
$1,885
Median Rent
$502,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate units include in-unit laundry and private outdoor areas, with updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 1867 Windsor Drive North Palm Beach, FL.
What is the asking price?
The asking price for this property is $874,900.
What are key features of this property?
This property features: 2,076‑square‑foot duplex built in 1972; Two units, each with a washer and dryer and private outdoor area; Hurricane‑impact windows and doors throughout
