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1927 Windsor Avenue, West Palm Beach, FL, 33407
Renovated Duplex with Laundry

1927 Windsor Avenue West Palm Beach, FL 33407

For Sale
$390,000

Renovated legal duplex offering two 2-bedroom, 1-bath units, each with in-house laundry and parking for cars and trucks.

Property Size973 SF
Price / SF$400.82
Days on Market281

Property Features for 1927 Windsor Avenue

General Information

Standard status
Active
Size
973 SF
Property subtype
Multi-Family Income / Duplex

Building Details

Year Built
1926
Listing Agency: Eagle Realty of South Florida
Listed By: Maria Lagarejo Ramirez · License #3581499
Source: Compass
Added: Oct 17, 2025 Changed: Jul 23 Last Checked: Jul 23 at 4:32PM

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 Eagle Realty of South Florida


Investment Insights

Based on property information with market context.

1927 Windsor Avenue presents a renovated, legal duplex with two well-designed 2-bedroom, 1-bath units. Each unit includes in-house laundry for day-to-day convenience. The property sits on ample land that supports practical parking for both cars and trucks.

Located on a quiet residential street in West Palm Beach, the duplex is positioned within reach of shopping, dining, and major roadways.

The lot also offers possible space to add an additional unit, with the understanding that any future triplex concept would require buyer verification with the city.

Key Highlights

  • Renovated legal duplex built in 1926 in West Palm Beach, FL
  • Two units total: each unit has 2 bedrooms and 1 bathroom
  • In‑house laundry included with each 2‑bedroom, 1‑bath unit

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 $27.4k $28.20
− Vacancy −$1.4k −$1.47
EGI $26.0k $26.73
− OpEx −$7.8k −$8.02
NOI $18.2k $18.71
973 SF · lease $28.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$260.1K
$227.6K – $303.5K (±1% cap)
NOI $18,208 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$241.9K
$211.7K – $282.3K (±1% cap)
NOI $16,935 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$685.2K
$599.6K – $799.5K (±1% cap)
NOI $47,967 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Locksmith Tech Support Center (Bike/Boat/Book/etc) Store Pet Grooming Service Computer & Electronic Repair Carpet & Flooring Store Butcher Electrical Service Veterinary Clinic

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

FAQs

What type of property is this?
Duplex - Renovated legal duplex offering two 2-bedroom, 1-bath units, each with in-house laundry and parking for cars and trucks.
Where is this duplex located?
The property is located at 1927 Windsor Avenue West Palm Beach, FL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Renovated legal duplex built in 1926 in West Palm Beach, FL; Two units total: each unit has 2 bedrooms and 1 bathroom; In‑house laundry included with each 2‑bedroom, 1‑bath unit
More about this property
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